Saturday, March 8, 2014 3:26 p.m. Libya - BP has shelved his exploration of the Ghadames basin for safety reasons This decision was taken following a review of security conditions in this region which concluded that they were not ideal . The exploration offshore in the Sirte basin continues , meanwhile . British Petroleum has shelved its exploration projects in the Ghadames Basin (Southwest Libya ) for security reasons , reports Reuters citing a report released Thursday by the British Major . The report states that the decision of the British company was taken following a safety review conducted in June 2013. In contrast, operating offshore , says the document continues. BP says Reuters, is not the only company to foreign petroleum gas have taken such a decision . Political instability and difficult contractual conditions have encouraged others to do the same. These include Exxon Mobil, which decided last September to reduce its workforce and operations in Libya , as well as Royal Dutch Shell, which has abandoned the exploration of two blocks in 2012 due to low results encouraging. Symbol of the return of Libya within the international community after many years of embargo Euro-American (1992-2003) , the production sharing contract between BP and the country is the Ghadames basin areas but also off- shore in central Sirte Basin ( east of Tripoli) . BP, whose assets in Libya were evaluated by over $ 472 million ( end of 2013 ) , does not yet produce oil in this country and there is only exploration projects . maghrebemergent.info/energie/hydrocarbures/item/35508-libye-bp-a-mis-en-veilleuse-son-exploration-du-bassin-de-ghadames-pour-des-raisons-de-securite.html
Posted on: Mon, 10 Mar 2014 15:05:28 +0000
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