BG heads for Libya with a licence to drill

Energy group BG today confirmed plans to enter Libya after it was a big winner in the oil-rich nation’s latest auction of exploration licences.

Mon, 03 Oct, 2005 - 14:20

Energy group BG today confirmed plans to enter Libya after it was a big winner in the oil-rich nation’s latest auction of exploration licences.

BG was successful in three of its eight bids to drill for oil in Libya and will form a joint venture with Norwegian group Statoil for one of the projects.

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CourtsBusinessHeathrowPlace: LibyaPlace: SirtePlace: KufraPlace: Mediterranean basinPlace: AfricaPerson: prime ministerPerson: Tony BlairPerson: GadaffiOrganisation: BGOrganisation: GROUPOrganisation: StatoilOrganisation: British GasOrganisation: BPOrganisation: Royal Dutch ShellOrganisation: Shell
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