Libya’s NOC, Total Ink New Deal
Total and Libya’s National Oil Corporation (NOC) inked a new agreement, allowing Total’s participation in the Waha concessions, located in the Sirte Basin in Libya.
Total and Libya’s National Oil Corporation (NOC) inked a new agreement, allowing Total’s participation in the Waha concessions, located in the Sirte Basin in Libya.
Abu Dhabi investment company Waha Capital has bought a minority stake in Dubai-based oilfield services and manufacturing company Petronash Holdings worth $88 million.
Libyan authorities have not raised objections to Total closing a $450 million deal with US-based Marathon Oil to take over its 16% share of the Waha concessions.
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