Middle East Economic Survey

VOL. LII

No 32

10-Aug-2009

LIBYA

Libyan Drilling Activity Hots Up, With First EPSA-4 Contracts Soon To Expire

Libyan drilling activity is showing no sign of abating in the coming months, with international oil companies planning a wave of new exploration wells, which raises the possibility that the largely disappointing trend for companies that acquired acreage in the four upstream licensing rounds since sanctions were lifted may yet be reversed (MEES, 27 July)....