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Last month, Mellitah Oil and Gas Company successfully resumed gas production at Well CC18 in the Bahr Essalam field, reinforcing Libyas ability to meet both domestic and export demands. This increase in production from existing fields underscores the countrys commitment to stabilizing and expanding its energy supply.
This agreement also involves an integrated suite of services, such as VAM Field Service and value-added digital solutions designed to optimise installation and maintenance practices. These services will ensure that ADNOC’s oil and gas fields operate with maximum efficiency.
The appraisal well was drilled approximately 22 km north-east of the Heidrun field and 270 km north of Kristiansund. It is the third explorationwell drilled in production licence 891, which was awarded during the Awards in Predefined Areas (APA) in 2016. million bbl of oil equivalent in Triassic reservoir rocks.
The operational performance delivered from the Tawke and Peshkabir fields, together with the significant cost efficiency, continues to set these fields apart from others in the region.
Genel has a strong balance sheet and our producing fields within the Tawke PSC form a world-class asset that delivers significant cash generation even when selling at heavily discounted domestic prices because of the suspension of exports. Production performance was further supported by an active well intervention programme.
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