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BHP Billiton Will Bid.


BHP Billiton BHP Billiton is the world's largest mining company.[1] Its origin is in the 2001 merger of Australia's Broken Hill Proprietary Company (BHP) and the UK's Billiton, which has a South African background. The result is a dual-listed company.  will bid for Libyan oil and gas concessions that become available for tender in 2005, company executives said at a presentation in Tripoli Tripoli, city, Lebanon
Tripoli (trĭp`əlē) or Tarabulus (täräb`l
 on Dec. 8. "We're we're  

Contraction of we are.


we're we are
 keen about the emergence of Libya", said the company's president of exploration and business development, Steve Bell Steve Bell is the name of:
  • Steve Bell (anchorman), the first anchor of the ABC News program World News This Morning, previously reporter for WOWT-TV
  • Steve Bell (cartoonist), the English cartoonist
  • Steve Bell (musician), the Canadian musician
, adding: "The main issue is: can we get good exploration blocks?" Bell said BHP Billiton had set up bid partners. Bell said there appeared to be only a few bidding parameters. "The winners in Libya will be those that have good data and can bid aggressively", he said. (In its fiscal year to June 30, 2004, BHP Billiton produced 122.5m barrels of oil equivalent, which contributed $1.4 bn to its earnings before interest and tax).
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Publication:APS Review Oil Market Trends
Date:Dec 13, 2004
Words:123
Previous Article:Libya Opts For Open E&P Auction.
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