LONDON -- Oil company BP (BP) says it is temporarily withdrawing some nonessential and non-Libyan staff from its office in Libya's capital following similar action by Britain's Foreign Office.
David Nicholas, a BP spokesman, said the move is "a precautionary measure" on advice from the Foreign Office. He wouldn't say how many staff will be affected but stressed that the Tripoli office remains open.
The U.K. Foreign Office said Friday it was temporarily withdrawing some staff from its embassy in Tripoli in light of recent political unrest.
Militias have stormed and surrounded government buildings in Tripoli in recent weeks, and rallies to protest the armed groups have ended in violence.BP has a limited presence in Libya, where it has long-term exploration contracts but is not currently engaged in any operations.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV