IOCs evaluate Libya prospects as drilling campaigns conclude
Issue 162
- 09 May 2009
| 2 minute read
Companies say the gloomiest prognoses for the Libyan industry, recorded in the last issue of African Energy, may not be realised, but several face testing decisions in the coming months, writes John Hamilton. StatoilHydro and BG Group, whose commitment to further exploration in Libya has been questioned in the current environment of restricted budgets and the authorities’ hard negotiating stance
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