Key Takeaways SHEL and BP ink deals with Libya's NOC to assess hydrocarbon potential across key oilfields. BP plans to reopen its Tripoli office and target shale oil via advanced extraction techniques. Libya seeks to raise oil output to 2M bpd despite political unrest and operational volatility.Shell plc (SHEL) and BP p.l.c. (BP) have signed agreements with Libya's National Oil Corporation (“NOC”) to assess hydrocarbon potential across three major oilfields. This move marks a significant revival of foreig ...