Libya
- news
01 APR 2009
Tripoli tightens rules on use of local contracting and supply firms
Private local content providers have only been legal in Libya for a little over
a decade. In the mid-90s, the Jamahiriya began its long trek back from
international isolation. It also passed laws allowing the establishment of
private
companies. But it is only in the past five or six years that Libyan
entrepreneurs have
set up a large number of companies in every sector.
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23 MAR 2009
New local content requirements for Libya
More than 30 international companies attended a meeting by the National Oil
Corporation (NOC) at the end of February to discuss requirements that they
should
establish Libyan operations to qualify for oil and gas engineering contracts
(see Libya Focus, February 2009, 10).
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25 JUL 2008
NOC insists that deputy-chairmen must be Libyan
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01 OCT 2007
South Korea Expands Initiatives for African Investment
South Korea's energy ministry has proposed increased tax breaks for domestic firms
investing in African energy projects.
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29 MAY 2007
BP pledges $100 million on Libya training
BP has announced, May 29, that it has signed a major exploration and production
agreement with Libya's National Oil Company (NOC), as part of which it has
reserved some $100 million for training of Libyan professionals