Chart of the week: Waha hub gas pricing goes negat...
Showing posts with label Waha. Show all posts
Showing posts with label Waha. Show all posts
Monday, 1 April 2019
Friday, 2 March 2018
Marathon fully exits Libyan operations to Total for USD450 million
Marathon announced this morning that it had sold its Libyan upstream operations to Total for USD450 million. Marathon had a 16.33% in the Waha licence area which covers a series of blocks in northern Libya and encapsulates a large number of fields and discoveries. Although Waha predominantly produces oil, there are significant undeveloped gas discoveries as well.
Waha licence acreageSource: Wood Mackenzie
The divestment represents a full...
Monday, 25 August 2014
Waha resumes production - a brief history of the Waha fields
Comprises a number of concessions located in the Sirte Basin in eastern Libya
Four main fields are: Waha, Gialo, Dahra and Defa
Originally issued to Oasis Oil Company (consortium of Conoco, MRO and Amerada Hess)
In 1986, US sanctions required all US companies to withdraw
Concessions were held in escrow
NOC established 100% subsidiary, the Waha Oil Company, to operate the fields until 2005 when the US companies re-entered
In 2009, list of 24 fields...
Subscribe to:
Posts (Atom)
