BP is suspending its operations in Libya as violence continues to increase in the country, pushing oil prices to a two-year high.
The firm is evacuating 40 of its personnel and their families from Tripoli while it temporarily shuts down its drilling operations in the Libyan Desert.
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In 2007, BP signed a deal with Libya worth £550m ($890m) to explore 21,000 square miles onshore near Ghadames and offshore in the Gulf of Sirt.
