Middle East Economic Survey

VOL. XLVII

No 38

20-September-2004

LIBYA

Libya Sets Aggressive Upstream Timetable As IOCs Flock To London Bid Round Roadshow

Libyas National Oil Corporation (NOC) launched its 15-block upstream licensing round using the EPSA-IV contract at roadshows in Tripoli and London over the last two weeks. NOC officials used the opportunity to underline their commitment to a new transparent and swift process for upstream awards and the response from international oil companies...