BP says it expects to start deep-sea drilling work off the coast of Libya next year, resuming...

|About: BP p.l.c. (BP)|By:, SA News Editor
BP says it expects to start deep-sea drilling work off the coast of Libya next year, resuming its $2B exploration program halted last year by the uprising against Gadhafi. As part of a deal agreed in 2007, BP will explore the frontier Sirt basin, which the company has described as equivalent in size to more than 10 of its deepwater blocks in Angola.