Ms Croft said foreign oil companies will not sink large sums of money into Libya until it is clear what will emerge from the cauldron of tribal divisions. A plan for $10bn of oil investments by BP, Shell, Oasis and over others the next three years is in tatters. “With the disintegration of a stable political regime in Libya, we view the bulk of the projects as being extremely unlikely to proceed on time, if at all,” she said.