Statoil wishes to consider new oil and gas contracts in Libya but doesnot expect anything will happen soon.
“We believe it will take some time before Libya opens fornew awards. The first priority now is to get production up to the old level,”head of information Bard Glad Pedersen said to NTB.
The company reopened its Tripoli office on 20 March afterclosing it for safety reasons in February 2011.Country manager JarleBøe returned to Libya last month, telling Aftenbladet that the only damage tothe building was a few bullet-holes on the 11 floor.
Less damage than feared
Prior to the start of the Allied campaign, Statoil participated in oil exploration and productionas a partner of the onshore Mabruk field in the Murzuq Basin.
The company’sactivities were around 1.3 percent ofits international production, and yields in the last quarter of 2011 were 7,800 barrels perday
“Themost important thing for us is to resume normal operations at our office. Ourgeneral impression is that damage to the plant and equipment is less than wefirst feared. We expect a gradual production increase in Libya in the comingmonths,” Mr Pedersen declared.He added, “Our country office will be open to newopportunities that present themselves. Nonetheless, we assume that we have tocompete for any new contracts and show that we can create value.”