VOL. XLVI

No 26

30-June-2003  

LIBYA

Libya Awards Upstream Package Two To RWE Dea

Libya has awarded the much-delayed Package Two of its mid-2000 three package upstream offering to RWE Dea. The German company signed an agreement with Libya’s National Oil Corporation (NOC) on 29 May for the joint exploration and production of hydrocarbons in six blocks covering 30,270 sq km, RWE Dea said in a statement. The licenses are located in the Sirte basin (S54, S57 and S58), the...