NOC HAS CONFIRMED that on January 28, TATNEFT, its partner in an Exploration and Sharing agreement, reported initial information concerning the exploration well B1-82/04 in Ghadames Basin.

IRANS FOREIGN MINISTER Manouchehr Mottaki says the Islamic Republic and Libya will set up economic, political and cultural committees to promote bilateral ties.

HESS CORPORATIONS FULLY-owned subsidiary, Hess Libya Exploration Ltd, has carried out a successful test of its discovery well A1-54/01 offshore Libya in the Mediterranean Sea.

ERHC ENERGY HAS confirmed that Addax Petroleum, the operator of Nigeria-São Tomé & Principe Joint Development Zone (JDZ) Block 4, has finished drilling the Oki East well.