Middle East Economic Survey

VOL. XLVIII

No 46

14-November-2005

LIBYA

Woodside Petroleum To Begin Drilling Program Under Libyan EPSA In Early 2006

Woodside Petroleum of Australia on 4 November said it would start early next year a 13-well drilling program under the exploration and production-sharing agreement (EPSA) signed with Libyas National Oil Corporation (NOC) in November 2003 (MEES, 8 December 2003). The EPSA covers five onshore blocks in the Sirte Basin (S11, S16, S42, S50 and S64) in...