Middle East Economic Survey
VOL. XLIX
No 1/2
2/9-January-2006
LIBYA
Oasis Group Firms Reach Agreement On Return To Waha Concessions
The three US oil companies comprising the Oasis Group (AmeradaHess, ConocoPhillips and Marathon Oil) announced on 29 December 2005 that they had reached agreements with the Libyan National Oil Corporation (NOC) under which they would return to their former oil and gas production operations in Libya. Many months of negotiations appeared to have reached an impasse...
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