Content area
Full text
Exxon Mobil signed an exploration and production agreement with Libya's National Oil Corp. (NOC) on Wednesday for offshore acreage it won in Libya's third Epsa-4 licensing round, which closed in December. The US supermajor was the sole bidder for Contract Area 20, which contains four blocks and sits about 100 miles (160 km) offshore Sabratha, to the west of the Libyan capital, Tripoli.