From our October 2005 Shell News Archive
The Seoul Times: NOC of Libya, Shell Agree on Major Gas Deal
“Shell’s Executive Director for Exploration and Production, Mr Malcolm Brinded, said: We are delighted to be back in Libya and honoured to work together with NOC…”: “I am excited about concluding this major agreement.”
Tuesday, October 18, 2005
By Jamal Al Majaida
Middle East & Africa
The National Oil Corporation of the Great Socialist People’s Libyan Arab Jamahiriya (NOC) and Shell Exploration and Production Libya GmbH have reached a long-term agreement for a major gas exploration and development deal.
The agreement covers the rejuvenation and upgrade of the existing LNG Plant at Marsa Al-Brega on the Libyan coast, together with exploration and development of five areas located in the heart of Libya’s major oil and gas producing Sirte Basin.