Libya's output almost totally on land as bid round looms

Libya seems assured wide participation in the EPSA-4 exploration and production licensing round now pending.More than 120 companies applied to participate in the round by the Oct. 19, 2004, deadline, an official source said. Submission and opening of bids is to take place Jan. 10, 2005, at the Mehari Hotel in Tripoli.Nine of the 15 blocks up for bids are entirely onshore in the Ghadames, Sirte, Cyrenaica, and Murzuk basins. All 15 blocks total 126,646 sq km (OGJ Online, Aug. 16, 2004).Press reports quoted Tarek Hassan-Beck, director of planning at Libya's state-owned National Oil Corp., that among the qualified applicants are Apache Corp., ChevronTexaco Corp., ConocoPhillips, and Mara...

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