VOL. XXXVI

NO. 18

1-FEBRUARY-1993

LIBYA

New Oil Discovery for Agip in Libya

The Libyan Energy Secretariat announced on 27 January that Agip N.A.M.E.joint venture of Italy's Agip and Libya's National Oil Corporation, has made anoil discovery east of the Sirt al-Ressoubi field. The well produced 6,383 b/d ofcrude oil while the pay zone is estimated at around 490 feet. Plans call forfurther drilling. It is understood that the discovery was made in Concession 82,signed for by the two companies in the...