Libya's National Oil Company signed agreements with BP and Shell to conduct studies for hydrocarbon exploration and ...

The provisional agreement centered around Libya’s Sirte basin also includes exploration potential of adjacent areas with an ...

The agreement provides a framework for bp to assess a range of technical data and to effectively work with NOC to evaluate ...

(Alliance News) - BP PLC on Monday said it signed a memorandum of understanding with Libya's National Oil Corp to gauge redevelopment opportunities in oilfields in Libya's Sirte basin. The ...

Under the MoU signed by bp, the company will evaluate redevelopment opportunities in the mature giant Sarir and Messla oilfields in Libya’s Sirte basin, including the exploration potential of adjacent ...

After pushing back the start date for its exploration, U.K. oil giant BP is expected to start its deep water drilling operations in Libya by October at the latest.