Browsing Tag

total

Libya’s NOC to withhold Total-Marathon oil deal

The Libyan National Oil Corporation (NOC) will withhold Total’s share of crude from the Waha concession as a dispute drags on over the French oil major’s purchase of Marathon’s stake in the concession two months ago, Libyan oil and…

Total says informed Libyan authorities of Marathon Oil deal

French Total said on Wednesday it had informed Libya’s authorities of plans to acquire Marathon Oil’s stake in the Waha field for $4.5 billion even though it believed it did not require their consent. “The deal with Marathon has…

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