VOL. XLIII
No. 05
31-January-2000
LIBYA
NOC Approves En Naga Development Plan In NC177
International Petroleum Libya Limited (IPL), a subsidiary of the Vancouver-based Red Sea Oil Corporation (RSO60%) and Lundin Oil AB (40%), announced on 20 January that Libyas National Oil Corporation (NOC) has declared the En Naga North and West oilfields (En Naga) in block NC177 in Libyas Sirte basin commercially viable and has subsequently approved the development plan for the field. According to RSO, En Naga...
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