Some big oil companies hoped regime change in Libya, and a sense of political opening elsewhere in the Middle East and North Africa, would bring relief in some of the tough terms they had agreed to in partnership deals with national oil companies.
That hasn't happened.
As Libya's Moammar Gadhafi fell last year with the help of the West and an interim regime took the reins, the hope among some oil companies was that they would receive new tax breaks and a better share of fields' output in current and future deals.
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