Total acquires Marathon Oil Libya for $450m to enter Waha concessions
Energy acquisition news : French oil and gas major Total has acquired Marathon Oil Libya, a subsidiary of Marathon Oil for $450 million to take a stake of 16.33% in the Waha concessions. Currently, the Waha concessions in Libya are producing about 300,000 barrels of oil equivalent per day (boe/d). The production is likely to […]