Bangladesh Set to Repatriate 40,000 Workers Back to Libya

Following the installation of the new leadership in Libya, the Bangladeshi government of Prime Minister Sheikh Hasina has decided to send back to Libya the repatriated workers to the foreign companies they were employed with in Libya before the conflict that ousted former Libyan leader Muammar Al Qathafi. About 36,000 to 40,000 Bangladeshi migrant workers […]

AMEC talks to Libya on oil, reconstruction

 British engineering firm AMEC is ready to move workers back into Libya as its new rulers attempt to restore oil production and rebuild the conflict-torn country’s infrastructure, AMEC’s chief executive said. Foreign firms evacuated expatriate employees from the north African country as it descended into civil war in late February. The end of fighting last […]

Libya Pays Daewoo $204M to Build Hospital

South Korea’s Daewoo Engineering & Construction Co Ltd has received a $204 million order to build a general hospital in Libya as it is beefing up operations in the North African market. The nine-storey hospital under the Swani Hospital Project will be located in Tripoli with 200 beds and additional facilities, and it will be […]

Heritage Oil strikes $20m Libya deal

Heritage Oil, the FTSE 250 oil and gas explorer, has made a push into Libya in the hope of winning oil and gas licences when they are distributed by the new regime. The group on Tuesday announced that it had bought a 51 per cent stake in a small Libyan oilfield service provider called Sahara […]

French business sees $200 billion Libyan opportunity

Rebuilding Libya could be worth at least $200 billion (125 billion pounds) over 10 years, but France’s role in ousting Muammar Gaddafi will not be enough to seal deals, the chief of France’s overseas business federation said on Wednesday. French President Nicolas Sarkozy has spearheaded military intervention in the OPEC producer and France’s top firms […]