Middle East Economic Survey


No 6


Occidental Dominates Libyas First EPSA-IV Upstream Licensing Round

Occidental Petroleum dominated the awards resulting from Libyas first upstream licensing round under the EPSA-IV production-sharing contract, picking up nine of 15 areas on offer when results were announced in Tripoli on 29 January. Occidental, in partnership with UAE-based Liwa Energy, won five areas, while a Woodside-led group, also containing Occidental and Liwa, won...