Marathon says deal concluded 1 March, contradicting Total statement, and its financial statements imply the funds were received in Q1.

Libya’s National Oil Corporation (NOC) may use the funds of the Libya Investment Authority (LIA) the country’s sovereign wealth fund to pre-empt (‘post-empt’ would be more accurate) Total’s $450mn purchase of US firm Marathon Oil’s 16.33% stake in the country’s 300,000 b/d Waha concession, reports suggest.

This...