BP has confirmed that it will drill 17 new wells as part of its exploration program in Libya.
“We have lifted force majeure and started the programme ” Jasper Peijs, BP’s exploration manager-eastern hemisphere told a African oil conference in Cape Town.
BP announced in May that it was resuming operations in Libya, and in August the company said it would start its $2 billion deep-sea drilling programme in 2013 under its joint Exploration and Production (E&P) agreement with the National Oil Corporation (NOC).
Peijs added:
"Offshore we have acquired 17,000 square kilometers of 3-D seismic in the Sirte Basin, another commitment to five exploration wells and onshore we’ve acquired 14,000 square kilometers of 3-D in the Ghadames Basin and have a commitment of 12 exploration wells."
(Source: Libya Herald)
