BOURI OIL RIG, Libya, Oct 9 (Reuters) - Libya is producing almost 40,000 barrels a day at its Bouri offshore oilfield, jointly run with Italy's ENI, and plans to add up to 15,000 bpd within six ...

Ryad Sunusi, Phoenicia's interim president and chief executive, said, "Libya needs at least 40 rigs for the next 10 years to support [international oil company (IOC)] exploration programs ...

BP is pressing ahead with deep-water drilling off the coast of Libya "within weeks". The oil firm is refusing to ... 200m deeper than the ill-fated Gulf rig. A spokesman would not be drawn on ...

"We're changing the rig," a company spokeswoman told Dow Jones Newswires. "Current plans are to begin drilling onshore and offshore in 2011." Libya's top oil official previously said BP was ...

The Company remains on track to drill 11 to 12 exploration wells in Area 47 in 2008 utilizing two drilling rigs under long ... and approval by the Libya National Oil Corporation ("NOC").

However, a rig in the desert near Ghadames was made as “safe and secure and possible,” although this will still have to be accounted for. Libya is home to the largest oil reserves in Africa ...

“The security situation is deteriorating and with Libya lurching from one crisis to another, conditions are increasingly ripe for a supply shock.” Related: Oil Holds Steady Amid Small Rig ...

([email protected]) 12:22 ET - U.S. benchmark oil prices erase earlier gains to fall 1.3% to $40.12 a barrel on worries of a global oversupply after Libya’s National Oil Corp. says it lifted ...

Libya’s latest upstream licensing round has already attracted more than 40 applicants, a signal of the country’s re-entry ...

SINGAPORE - Oil prices fell on Monday on the potential return of oil output from Libya even as rising coronavirus cases add to worries about global demand, although losses were limited as a new ...

Migrants left stranded on the lower decks of a gas rig adrift in the Mediterranean Sea have made an urgent appeal for help as authorities from several countries hesitated to launch a rescue operation.