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Business oil field restart

TotalEnergies Restarts Mabruk Oil Field, Libya

Analysis based on 18 articles · First reported Mar 12, 2026 · Last updated Mar 12, 2026

Sentiment
30
Attention
4
Articles
18
Market Impact
Direct
Live prominence charts, article sentiment distribution, and event development timeline available on the NewsDesk Dashboard

The restart of the Mabruk oil field by TotalEnergies is expected to have a positive impact on the energy markets, increasing oil supply and potentially stabilizing prices. For TotalEnergies, this event reinforces its production growth objectives and long-term commitment to its operations in Libya.

Oil and gas Energy

TotalEnergies announced the restart of production at the Mabruk oil field in Libya, where it holds a 37.5% interest. Production at the field, located onshore 130 km south of Sirte, had been halted since 2015. A new production unit with a capacity of 25,000 barrels per day, launched in May 2024, began operations on February 28, 2026. This initiative underscores TotalEnergies' long-term commitment to Libya, where it has been present since 1956, and aligns with its strategy for low-cost, low-emissions oil production, contributing to its goal of 3% annual production growth until 2030. TotalEnergies also has interests in other Libyan fields, including Al Jurf, El Sharara, and the Waha concessions, the latter being held with Government of Libya===National Oil Corporation and ConocoPhillips.

100 TotalEnergies restarted oil production at Mabruk field
80 TotalEnergies launched construction of new production unit
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TotalEnergies announced the restart of production at the Mabruk oil field in Libya, where it holds a 37.5% interest. This restart aligns with TotalEnergies' strategy for low-cost, low-emissions oil production and contributes to its objective of 3% annual production growth until 2030.
Importance 100 Sentiment 40
cnt
The restart of the Mabruk oil field in Libya signifies continued investment and economic activity within the country's energy sector. TotalEnergies has a long-term commitment to Libya, celebrating its 70th anniversary of presence there.
Importance 80 Sentiment 20
subs
Government of Libya===National Oil Corporation is a key partner in Libya's oil sector, holding a majority stake in the Waha concessions, which are operated by Waha Oil Company, a subsidiary of Government of Libya===National Oil Corporation. The restart of the Mabruk field contributes to the overall oil production in Libya.
Importance 60 Sentiment 20
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ConocoPhillips holds a 20.42% interest in the Waha concessions alongside TotalEnergies and Government of Libya===National Oil Corporation. While not directly involved in the Mabruk restart, its partnership in other Libyan oil fields indicates its continued presence in the region's energy landscape.
Importance 30 Sentiment 10
priv
Waha Oil Company operates the Waha concessions, which are 100% owned by Government of Libya===National Oil Corporation. The restart of the Mabruk field, while separate, contributes to the broader oil production landscape in Libya where Waha Oil Company is a significant operator.
Importance 20 Sentiment 10
per
Julien Pouget, Middle East and North Africa Director for TotalEnergies' Exploration Production business, commented on the restart, highlighting TotalEnergies' long-term commitment to Libya and its strategic objectives.
Importance 10 Sentiment 0
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