Libya's National Oil Company signed agreements with BP and Shell to conduct studies for hydrocarbon exploration and development at three Libyan oilfields.

Supermajor strikes provisional agreement to secure access to Sarir oilfield — and nearby Messla field — which it discovered almost 64 years ago ...

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 ...

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

"BP, Shell and Libya’s NOC link for oilfield exploration and development" was originally created and published by Offshore ...

BP Plc signed an accord with Libya’s National Oil Corp. to study reviving two huge oil fields in the African nation. The focus on Libya, one of Africa’s largest oil producers and a member of the ...

Libya's National Oil Corp (NOC) announced on Monday that agreements have been reached with oil majors BP and Shell.

Oil Majors BP and Shell agreed with Libya's National Oil Corp (NOC) to conduct studies for hydrocarbon exploration and development at three Libyan oilfields, NOC said in a statement on Monday. Libya, ...

BP’s plans to produce up to 1 billion barrels of oil from the largest oilfield in the UK Continental Shelf will hinge on new fiscal and licensing regimes due later this year, the supermajor's ...

Shell refuted the takeover rumors, yet the speculation emphasizes what investors are beginning to recognize: BP’s significant discount and strategic ...

BP, Once a Hunter in the Oil Industry, Is Now Prey. What Went Wrong? The energy giant has been weakened by years of mishaps and poor decisions, leading to rumors of a takeover that may not subside.

Shell has formally denied any intention to bid for BP, dismissing recent media speculation about a potential merger between the two UK-based energy giants.