“The tender documents are ready. They should have been out by now. We don’t know why they’re not — probably waiting for a few signatures,” said a source.
The tender invitation is described as imminent, although the process may drag into January, according to one source.
Sources said Shell and its Libyan state partner have reduced the work scope and costs, but may not, as suggested to Upstream by National Oil Corporation (NOC) chairman Shokri Ghanem in October, have lowered the original output stabilisation target of 700,000 tonnes per annum.
Instead,
