VOL. XLVI

No 22

2-June-2003

LIBYA

NOC Awards Upstream Package 1 To Repsol-YPF, OMV

Libyas National Oil Corporation (NOC) has awarded the six-block, first package of an original three package offering to Spains Repsol-YPF and Austrias OMV. The three packages were originally tendered in July 2000 (MEES, 31 July 2000) and MEES has understood since late 2001 that Repsol and OMV would win package 1 (MEES, 8 October 2001). The blocks, which are located onshore and offshore Libya, will be operated by...