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Last updated on April 17, 2014 at 21:23 EDT

Latest Sirte Stories

2008-09-12 12:00:30

RWE Dea has announced that it has made the sixth and seventh discovery in the Libyan Sirte Basin. Two exploration wells in the NC193 concession encountered oil bearing reservoirs. The first exploration well, E1-NC193, drilled by the Nabors F16 rig, tested oil at a rate of 704 barrels per day (bbls/day) from the Dahra Formation at a depth of 4,823ft. The second exploration well, F1-NC193, drilled by the Ensign-45 rig, encountered oil in the Upper Dahra Formation at a depth of 4,418ft and...

2008-06-24 09:03:13

California-based Occidental Petroleum has signed full 30-year agreements with the Libyan National Oil Company to upgrade its existing petroleum contracts in Libya. The new agreements, which cover fields with approximately 2.5 billion barrels of recoverable high-quality oil reserves, allow the Libyan National Oil Company (NOC) and Occidental to design and implement major field redevelopment and exploration programs in the prolific Sirte Basin. After capital investment of approximately $5...

2005-07-05 15:26:21

SIRTE, Libya (Reuters) - African Union (AU) heads of stateurged a G8 summit rich nations to act rapidly to end poverty onthe continent, saying they should implement all the proposalsof a British-backed report on aid, trade and debt. AU officials released the text of a resolution they saidhad been approved by a two-day meeting of AU leaders in Libya. "The Assembly (of AU leaders) ... strongly urges the G8Summit meeting scheduled for 6-8 July 2005 in Gleneagles tofully embrace the...

2005-07-04 12:22:05

By Opheera McDoom SIRTE, Libya (Reuters) - African forces deployed to preventfurther fighting in Sudan's Darfur region are underfunded, thehead of African Union (AU) peacekeeping said on Monday. The AU wants its 3,000-strong mission monitoring thethree-year-old conflict to expand to more than 7,000 withheavier weapons by October and take a more pro-active role toprotect civilians. "In terms of logistical support the commitments are veryencouraging, but we have had not had enough...

2005-07-04 17:03:47

By Paul de Bendern SIRTE, Libya (Reuters) - Libyan leader Muammar Gaddafiunderlined his maverick reputation Monday by telling Africanleaders their people's woes would be solved by creating aborderless continent with a single passport. Asking for foreign aid would lead to humiliating failure,he said. "Begging will not make the future of Africa, (instead) itcreates a greater gap between the great ones and the smallones," he told the opening session of a summit of the 53-nationAfrican Union...