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Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology BP to start Libyan drilling this year AFP - Thursday, August 12 Send IM Story Print BP to start Libyan drilling this year LONDON (AFP) - – British energy giant BP said Wednesday it will begin deep-water exploration drilling off the Libyan coast some time before the end of this year. In late July, the company had said it would start drilling off the Libyan coast in a few weeks amid controversy over its 2007 deal with Tripoli and the oil firm's role in the Gulf of Mexico oil spill. "We are working on the last details and we are talking now about the second half of the year," a BP spokesman said. The 2007 accord allows BP to drill five wells in the Gulf of Sirte at depths of around 1,700 metres (5,500 feet), slightly deeper than the ruptured Gulf of Mexico well which BP has only just managed to seal. The worst US environmental disaster on record prompted Washington to impose a moratorium on deep-water drilling while BP has said it has learned its lessons from the Gulf of Mexico disaster so as to avoid any repetition. The Libyan deal has also come under a lot of US criticism, with many suspecting BP's role in the release on compassionate grounds of Libyan Abdelbaset Ali Mohmet al-Megrahi, who was convicted of blowing up a US airliner over the Scottish town of Lockerbie in 1988, killing 270 people. The Scottish government decided to release him from prison last year on compassionate grounds because he was thought to have only a few months to live due to his terminal prostate cancer. Megrahi is still alive in Libya. Recommend Send IM Story Print News Search Top Stories BP to start Libyan drilling this year US suffers widest trade gap in 20 months Poverty robs Yemeni children of their young years WHO list reveals flu advisors with industry ties Supermodel diamonds evidence meant to be 'low-key' More Top Stories » ADVERTISEMENT Most Popular Most Viewed Most Recommended Visitors attack Taiwan 'haunted house' actors Chelsea agree Carvalho fee with Real A long, hot Ramadan for many devout Muslims Supermodel diamonds evidence meant to be 'low-key' New superbugs spreading from South Asia: study More Most Viewed » Argentine students crack three-decade-old murder mystery 40 US billionaires pledge half wealth to charity World's first full face transplant man appears on TV Calcium supplements linked to heart attacks: study Massive ice island breaks off Greenland glacier More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Asia Entertainment Photos World Cup 2010

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