Middle East Economic Survey

VOL. LII

No 10

9-Mar-2009

LIBYA

Libya Pressing Oasis Group And Wintershall To Accept Tighter E&P Terms

Libya says that the remaining international oil producers that have yet to update their oil exploration and production (E&P) contracts are dragging their feet about doing so. The firms are Germanys Wintershall and the three US companies, ConocoPhillips, Hess and Marathon, that together make up the Oasis consortium. Libyas state-run National Oil Corporation...