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BP Reviews Libya Drilling Plans

Source: Reuters 1/27/2013, Location: Africa

BP said it was reconsidering plans to drill for oil in Libya due to heightened security fears following an attack by Islamist militants on a gas plant in neighbouring Algeria earlier this month.

"We had expected to restart drilling at the end of the second quarter this year, but we're currently reviewing our plans," a BP spokesperson said on Sunday.

BP had been due to resume exploratory drilling that was suspended during civil unrest that led to the overthrow of former Libyan leader Muammar Gaddafi in 2011.

Islamist militants took dozens of workers hostage at the Tigantourine gas complex in eastern Algeria, and 38 were killed when Algerian forces stormed the plant on January 17.

For more information about related Opportunities and Key Players visit Libya Oil and Gas Projects

Exploration News in Libya >>

Norway >>  2/18/2019 - Wintershall Norge A/S, operator of production licence 847, has concluded the drilling of wildcat well 6706/6-2 S. The well was drilled about 60 kilom...
United States >>  2/18/2019 - 88 Energy has advised that the Winx-1 well, North Slope of Alaska, spudded on schedule on Feb 15 (AK time). The well was drilled to 600 ft prior to pu...

Norway >>  2/15/2019 - Equinor Energy AS, operator of production licence 248 C, has completed the drilling of wildcat well 35/11-22 S. The well was drilled in the northern ...
Norway >>  2/15/2019 - Wellesley Petroleum AS, operator of production licence 931, has completed the drilling of wildcat well 35/4-2. The well was drilled about 33 kilometr...

United States >>  2/15/2019 - 88 Energy has advised the following in relation to its oil and gas operations on the North Slope of Alaska. ...
South Africa >>  2/8/2019 - Tower Resources plc, the AIM listed oil and gas company with its focus on Africa, notes the announcement dated 7 February 2019 from Total S.A. ("Total...

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