BP To Resume Libya Operations As It Lifts Force Majeure

LONDON BP PLC (BP) is to resume oil and gas exploration in Libya within months after lifting a force majeure, a company spokesman said Tuesday, just a day after rival Royal Dutch Shell PLC (RDSB.LN) said it was to pull out of its oil and gas blocks. BP is one of the last oil companies to return after being forced to interrupt giant oil exploration plans by the civil war in the north African country last year. “We feel we can go back to the country,” a company spokesman said, adding that BP could start drilling onshore within months

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BP To Resume Libya Operations As It Lifts Force Majeure

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May 29, 2012  Tags: , , , , , , , , , , , , , ,   Posted in: Libya |

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