Statoil is positioning itself for possible upcoming contract awards in Libya after reopening its local office in the war-torn North African country last month, according to a report. The Norwegian state oil company is now looking to bring back online production to pre-war levels in Libya, where it is a partner in the onshore Mabruk […]
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Libya Open for Business
Libya has declared itself open for business. A conference in London next week will promote Libya as an investment opportunity for British business. Billed as a sequel to a similar initiative in September, the conference aims to capitalize on the expectation that the new government of Prime Minister Abdel Rahim El-Keib will be favourably disposed […]
British firms urged to 'pack suitcases' in rush for Libya business
The starting pistol for British firms to pursue contracts in Libya has been fired by the new defence secretary, Philip Hammond, who urged companies to "pack their suitcases" and head there to secure reconstruction contracts. As Nato announced that it plans to wind up operations in Libya, Hammond said that great care had been taken during the […]