VOL. XXXVI
NO. 32
10-MAY-1993
LIBYA
Agreement Imminent With Repsol For Development Of Murzuk Field
MEES understands from oil industry sources in Tripoli that an agreement isnow imminent between Libya's National Oil Corporation (NOC) and Spain's Repsolfor the joint development of the Murzuk oil field (MEES, 19 April). Preliminaryinformation indicates that Repsol will buy out Romania's Petrom for the sum of$60mn plus a premium. The new operating company will be a 50-50 joint venture,replacing the...
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