Middle East Economic Survey
VOL. XLVIII
No 31
1-August-2005
LIBYA
Occidental Petroleum Sees Return To Libyan Oilfields
Chairman and Chief Executive Officer of Los Angeles-based Occidental Petroleum, Ray R Irani, on 22 July said his company had reached an agreement with Libyas National Oil Company (NOC) on its return to oilfields that the company was forced by the US government to abandon in 1986. The agreement must be formally endorsed by the Libyan government before Occidental can resume...
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