Libya | Egypt Oil & Gas - Part 33
BP Lifts Force Majeure on Libyan Exploration
BP has lifted Force Majeure in respect of its Libyan Exploration and Production Sharing Agreement (EPSA) with the National Oil Corporation (NOC) effective 15th May 2012. Shell confirms exit from Libya blocks
Shell has decided to quit its Libyan exploration blocks amid insecurity and harsh contracts, in the first such move since the overthrowing of Muammar Gaddafi's regime. OMV quarter up on Libya
Increased output from Libya, recovering from the turmoil of civil unrest, helped Austria's OMV boost production slightly in the first quarter, the company said in a trading statement released on Tuesday. US SEC Probes Eni, Total On Libya Operations
The U.S. Securities and Exchange Commission has sent formal requests to Italy's Eni SpA and France's Total SA related to the companies' Libyan businesses, the companies disclosed in regulatory filings. Egyptian Petroleum Delegation Makes headway in Libya
During its visit of last month, The Egyptian petroleum delegation has accomplished fruitful progress in supporting the reconstruction of Libya's dilapidated petroleum industry. Total eyes 200bn unfound oil barrels in Egypt, Libya
Total SA is planning to explore for oil and natural gas off the coasts of Libya and Egypt, a region that may hold as much as 200bn barrels of oil equivalent, a company official said. Libya production increases to 1.3 million barrels per day
Oil production in the country has now resumed following the eight-month war. OMV Touts 60% Pre-War Level Production in Libya
Austrian energy giant OMV said Thursday its oil production in Libya now stands at 60% of the pre-war level, up from 30% in November. 
