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BP Says Contract With Libya State Oil Firm Still Valid
Mar. 17, 2011 12:30PM PST
Oil and Gas InvestingReports that on Thursday, BP Plc’s (NYSE:BP) contract with Libya’s National Oil Corporation is still valid.
Reports that on Thursday, BP Plc’s (NYSE:BP) contract with Libya’s National Oil Corporation is still valid.
The market news is quoted as saying:
BP has no oil and gas production in Libya and in February was preparing for the start of exploratory drilling in western Libya when it suspended the effort due to the uprising against Libyan leader Muammar Gaddafi.