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Libya's NOC talks to BP and Eni about resuming exploration

Thu, 26th Apr 2018 17:42

TUNIS, April 26 (Reuters) - Libya's National Oil Corporation(NOC) has held discussions with majors BP and Eniabout resuming exploration activity in the NorthAfrican country, it said on Thursday.

BP signed a major exploration deal in Libya in 2007 but putits onshore plans on hold in 2014 because of security concernsfollowing Libya's 2011 revolution.

Italy's Eni has stakes in onshore and offshore oil and gasproduction in Libya through Mellitah, a joint venture betweenEni and NOC.

"Both BP and Eni expressed their desire to quickly return toLibya to resume suspended exploration activities," NOC said in astatement referring to talks held in Tripoli on Wednesday.

"NOC confirmed its willingness to provide all necessaryassistance to enable both companies to resume operations."(Reporting by Aidan Lewis)

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