TITLE

Libya opens offshore E&P contracts in second licensing round

AUTHOR(S)
Boschee, Pam
PUB. DATE
November 2005
SOURCE
Offshore;Nov2005, Vol. 65 Issue 11, p10
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that fifty companies submitted offers for oil and gas exploration contracts in Libya. Libya is offering contracts with the National Oil Corp. (NOC), the state-owned integrated oil company that controls the country's petroleum industry. Nineteen of the plots offered early last month were in areas already producing oil such as Sirte, Ghadames and Murzuq. According to a Libyan officials the country has oil reserves and gas reserves its current production is about 1.7 million barrels per day.
ACCESSION #
19072958

 

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