BP, Shell sign deals to study redevelopment of three Libyan oilfields

3 hours ago 1
Oil pump in western Kazakhstan

NiseriN/iStock via Getty Images

Libya's National Oil Company has signed agreements with BP (NYSE:BP) and Shell (NYSE:SHEL) to conduct studies for hydrocarbon exploration and development at three Libyan oilfields, aiming to increase their role in the country's oil and gas production

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