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Statoil to begin seismic exploration in Libya


Published :
Wed, 21 Mar 2007 10:07
By : Agencies
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OSLO (AFX) - Statoil ASA said it is preparing to shoot more than 2,000 km of 2D seismic data at its Kufra licence in the south-east of Libya, the first time the Norwegian firm has undertaken such an activity in the country.

The Norwegian oil-and-gas giant was awarded two land-based licences in Libya in the autumn of 2005 and said the first stage of data collection is now about to commence.

Statoil opened its office in Tripoli in 2005.

alastair.reed@thomson.com

ar/slj

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