Just a few days after Libya reopened its eastern oil ports and started to ramp up production that had been offline for weeks, production at one of the country’s largest oil fields, Sharara, is now expected to drop by 160,000 bpd after oil workers were abducted on Saturday and oil wells closed as a precaution. 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, Libya’s National Oil Corporation (NOC) said in a statement. The company operating the field, Akakus—a joint venture of NOC and a consortium consisting of Total, Repsol, Equinor, and OMV—is closely monitoring the situation. “Oil wells in the surrounding area have been shut down as a precaution, and all other workers evacuated. Expected losses to daily production are 160,000 barrels a day,” the NOC said on Saturday. […]