(Eni, 3.Aug.2023) — Eni formalized with its Libyan counterpart NOC the revocation of force majeure status on exploration areas A and B (onshore), and C (offshore), where Eni is the operator with a 42.5% stake, along with BP, 42.5%, and the Libyan Investment Authority with 15%. Force Majeure, declared in […]
Tag: force majeure
Ecuador’s MERNNR Finally Lifts Force Majeure
(Energy Analytics Institute, Piero Stewart, 10.May.2020) — Ecuador’s Ministry of Energy and Non-Renewable Natural Resources (MERNNR) on 9 May 2020 lifted the force majeure declared on 10 April declared due to breaks along the Trans-Ecuadorian Pipeline System (SOTE) and the Heavy Crude Oil Pipeline (OCP) caused by a nature event […]
Frontera Starts To Shut Down Production At Block 192 In Peru
(Frontera Energy, 3.Dec.2018) — Frontera Energy Corporation announces an update on Block 192 in Peru. On November 30, 2018, the company was notified by PetroperĂş S.A., the operator of the NorPeruano pipeline, of a force majeure event affecting a portion of the pipeline as a result of an attack at […]
Shell Says Bonny Light Force Majeure Lifted
(Energy Analytics Institute, 28.Jun.2017) — Shell announced that the force majeure on Bonny Light exports was lifted effective 12:00 hours (Nigerian time). The lifting of the force majeure happened sometime shortly after Shell was able to repair the sabotage leak, the company announced 28 June 2017 in an official statement. […]