TotalEnergies Extends Waha Oil Concessions in Libya Until 2050
The French group signed an agreement with Libyan authorities to extend its operating rights on the Waha concessions. The deal paves the way for new investments and the development of the North Gialo field.
| Countries | France, Libye |
|---|---|
| Companies | TotalEnergies, National Oil Corporation, ConocoPhillips |
| Sector | Pétrole |
| Theme | Investissements & Transactions |
TotalEnergies concluded an agreement extending the Waha concessions until December 31, 2050. The signing took place during the Libya Energy & Economy Summit in Tripoli, in the presence of Abdul Hamid Dbeiba, Prime Minister of the Government of National Unity. Patrick Pouyanné, Chairman and Chief Executive Officer of the group, signed the document alongside Libyan officials.
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