Libya Faces Oil Rig Shortages, Calls on National Participation in Oil Services

TRIPOLI, Libya – Feb. 27 (SEND2PRESS NEWSWIRE) — According to Phoenicia Group, the leading U.S.-Libyan diversified business group, which is a strategic partner to key U.S. and international companies in Libya, Libya is suffering from an acute shortage of oil drilling and work over rigs, significantly delaying exploration programs of oil majors prospecting in the North African country.