News Source: The independent
| about 1 month ago
BP will start drilling in Libya next year, spending more than $1bn (£603m) on its two concessions in the controversial North African country, the company said yesterday. The two enormous blocks – one the size of Kuwait in the offshore Sirte basin,...
News Source: Houston Chronicle
| about 1 month ago
BP Plc plans to start drilling its first well in Libya by the second half of next year, said Hugh McDowell, president and general manager of BP Exploration Libya. “We have to begin drilling by the middle of next year,” McDowell said at an energy...