Tag Archives | Al Waha

Total to Invest $650m in Waha Field

By John Lee. Tbe National Oil Corporation (NOC) has announced its approval of Total’s acquisition of Marathon Oil Libya Limited (MOLL)‘s stake in the Waha concessions, which represents 16.33 percent of the concessions. According to NOC, Total has committed to invest 650 million USD to the development of the Waha concessions and to ramp up […]

Al Waha Project “Back on Track”

The Al Waha development on the Airport Road in downtown Tripoli is reported to be back on track. Speaking to Gulf News, the Managing Director of Abu Dhabi-based Al Maabar, Yousuf Mohammad Al Nowais, said: “We stopped tendering for the project at Al Waha shortly after the Arab Spring, but it gives me great pleasure that the […]