{"id":254508,"date":"2025-08-21T18:37:45","date_gmt":"2025-08-21T16:37:45","guid":{"rendered":"https:\/\/sada.ly\/en\/?p=254508"},"modified":"2025-08-22T18:54:33","modified_gmt":"2025-08-22T16:54:33","slug":"energy-capital-power-libya-advances-steady-8-billion-investment-plans-to-develop-offshore-gas","status":"publish","type":"post","link":"https:\/\/sada.ly\/en\/energy-capital-power-libya-advances-steady-8-billion-investment-plans-to-develop-offshore-gas\/","title":{"rendered":"Energy Capital Power: Libya Advances Steady $8 Billion Investment Plans to Develop Offshore Gas"},"content":{"rendered":"\n<p>The website <strong>Energy Capital Power<\/strong> reported Thursday that the $8 billion offshore gas development project \u201cStructures A &amp; E\u201d is gaining increasing momentum, with recent contracts and confirmed production schedules marking a significant step forward.<\/p>\n\n\n\n<p>According to the site, the project\u2014led by Mellitah Oil &amp; Gas, a joint venture between Eni and the National Oil Corporation\u2014is expected to begin production soon. Once operational, the facilities will produce up to <strong>750 million standard cubic feet of gas per day by 2027<\/strong>, strengthening Libya\u2019s role as a strategic supplier to Europe and supporting domestic energy security.<\/p>\n\n\n\n<p>The report confirmed that last month, U.S.-based Hill International was awarded a <strong>$235 million contract<\/strong> to provide project management services for \u201cStructures,\u201d which will develop two offshore fields. The project involves building two new platforms, linking them to the Mellitah Complex, and integrating carbon capture and storage (CCS) technology to reduce emissions. This development represents a cornerstone of Libya\u2019s strategy to boost gas production, improve carbon management, and increase export revenues.<\/p>\n\n\n\n<p>In parallel, Eni\u2019s <strong>Bouri Gas Utilization Project<\/strong> is also progressing, aimed at capturing flared gas from the DP3\/DP4 platforms in the Bouri field. Scheduled to begin in 2026, the project is expected to enhance domestic gas supplies while significantly cutting carbon emissions. As part of this, Saipem has been awarded a <strong>$1 billion contract<\/strong> to refurbish platforms and facilities in the Bouri field, with ABL Group providing marine assurance services.<\/p>\n\n\n\n<p>The site also noted complementary onshore activities: Zallaf Oil &amp; Gas, a subsidiary of the National Oil Corporation, has started production at the Chad\u2019r field in the Sirte Basin, producing <strong>7.5 million cubic feet of associated gas<\/strong> along with <strong>1,500 barrels of oil per day<\/strong>. Meanwhile, in the North Ghadames Basin, the AGOCO DNC22 well tested <strong>5.5 million cubic feet of gas per day<\/strong>, reaffirming the dual hydrocarbon potential of Libya\u2019s basins.<\/p>\n\n\n\n<p><strong>Infrastructure and Associated Gas Use<\/strong>:<br>These developments highlight the country\u2019s commitment to leveraging natural gas as both a domestic energy source and an export commodity. They also reinforce efforts to maximize the utilization of the <strong>Greenstream pipeline<\/strong>\u2014a 520 km export line to Italy\u2014which still has spare capacity but requires higher output.<\/p>\n\n\n\n<p><strong>Looking Ahead<\/strong>:<br>With multibillion-dollar gas projects underway, Libya is consolidating its position as a <strong>key player in regional energy markets<\/strong>, while striving to meet its economic diversification goals, the site noted.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The website Energy Capital Power reported Thursday that the $8 billion offshore gas development project \u201cStructures A &amp; E\u201d is gaining increasing momentum, with recent contracts and confirmed production schedules marking a significant step forward. According to the site, the project\u2014led by Mellitah Oil &amp; Gas, a joint venture between Eni and the National Oil [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":254509,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[124],"tags":[692,613],"class_list":["post-254508","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-reports","tag-investment","tag-libya"],"acf":[],"_links":{"self":[{"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/posts\/254508","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/comments?post=254508"}],"version-history":[{"count":3,"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/posts\/254508\/revisions"}],"predecessor-version":[{"id":254512,"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/posts\/254508\/revisions\/254512"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/media\/254509"}],"wp:attachment":[{"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/media?parent=254508"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/categories?post=254508"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/tags?post=254508"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}