Tag Archives | NC 98

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 […]

Marathon Presentation on Waha Oilfields

A Technical meeting was held on Wednesday 17th July between the National Oil Corporation (NOC), Waha Oil, Marathon and ConocoPhillips --- "Waha Partners". The meeting was attended by Dr. Nuri Balrwin, Chairman of the NOC, board members, Chairman of the Waha Oil Company and a number of specialists from ConocoPhillips and Marathon, and several others. […]