Just a few days after Libya reopened its eastern oil ports and started to ramp up production that had been offline for weeks, the National Oil Corporation (NOC) declared force majeure on crude oil loadings at the Zawiya port in the west, following a weekend attack and abduction of oil workers at the Sharara oil field that had cut production at the site to 125,000 bpd. Production at one of the country’s largest oil fields, Sharara, was expected to drop by 160,000 bpd after oil workers were abducted on Saturday and oil wells closed as a precaution, the NOC said on Saturday. Early on Saturday, unknown armed assailants entered the facilities of the Sharara oil field and kidnapped four of the staff, but two of them have been since released, the national oil company said then. The company operating the field, Akakus—a joint venture of NOC and a consortium […]