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SIRTE, Libya (AP) - British Prime Minister Tony Blair welcomed improved relations between Britain and Libya as oil companies from both countries signed a major deal on Tuesday.
BP PLC's exploration and production deal with Libya's National Oil Company, worth at least $900 million, brings the company back to Libya for the first time in more than 30 years and represents another clear sign that the African nation is emerging from its international isolation after it agreed to scrap its secret nuclear weapons program and compensate victims of terrorist attacks.
The deal was signed in this coastal city, where Blair and Libyan leader Moammar Gadhafi met for talks in an effort to improve long-estranged relations.
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