VOL. XLVI

No 49

8-December-2003

LIBYA

Woodside-led Consortium Signs EPSA For Six Libyan Upstream Blocks

Australias Woodside Energy, Repsol and Hellenic Petroleum on 30 November in Tripoli signed an exploration and production-sharing agreement (EPSA) with Libyas National Oil Corporation (NOC) covering five Sirte Basin blocks and one Murzuq Basin block (MEES, 1 September). The agreement, for 30 years with an initial six-year exploration phase, covers exploration blocks S11, S16, S42, S50 and S64 in...