Libya’s Waha oil fields have had work carried out on them to maintain the production and service facilities after they were offline for more than seven months due to an oil blockade, senior oil officials said Aug. 10. A media official at the Waha Oil Company, which operates the oil fields, confirmed to S&P Global Platts, that the repair work was scheduled to be completed later Aug. 10. The Waha oil fields in the Sirte Basin make up about a third of Libyan crude oil production, with the capacity to pump around 350,000 b/d. The repairs at Waha were being carried out to reduce the risk of the sudden stoppages at the fields which were caused due to the force majeure, which is in place at Libya’s key eastern oil terminals. “This work will help […]