Libya signs 3 deals

 
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tolibya



Joined: 05 Oct 2005
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Posted: Fri Feb 23, 2007 4:00 am    Post subject: Libya signs 3 deals

Libya's National Oil Corp (NOC) said it signed oil exploration deals with three consortia headed by Germany's Wintershall, Japan's Inpex and Canada's PetroCanada.

The permits, awarded in December following a bidding round, involve a consortium of Wintershall as operator and MOECO (Mitsui Oil Exploration), a consortium of Inpex as operator and MOECO, and a consortium of PetroCanada as operator and Repsol, an NOC statement said.

It said the deals were signed on February 19.

Reuters



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