Indian oil firms win in Libya bid Date: Monday, January 31 @ 04:08:25 PST Topic: Geology; Reserves; Oil Fields Two Indian oil companies have won a contract to look for oil in Libya, the Press Trust of India reports. State-owned Indian Oil Corp. and Oil India Ltd. have won a license to explore a 7,087 sq km (2,736 sq miles) block in the oil rich Sirte Basin. www.bbc.co.uk This article comes from Peak Oil News http://www.peakoil.com The URL for this story is: http://www.peakoil.com/modules.php?name=News&file=article&sid=2300