Eni and BP to kickstart oil operations in Libya
Italian oil company Eni is buying half of BP's oil and gas operations in Libya in an effort to reestablish exploration of extraction from the oil-abundant country.
by OLE ANDERSEN
Italian oil company Eni is acquiring half of BP's oil and gas licenses in Libya and plans to reestablish exploration activities in the country as of next year. Eni is buying 42.5 percent of BP's 85 percent operator stake in two onshore and one offshore sites in Libya.
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