France's TotalEnergies and US firm ConocoPhillips to acquire American Hess oil assets in Libya
RIYADH: French company TotalEnergies and US-based ConocoPhillips will announce their acquisition of the US Hess Co. assets in oasis fields, during an event in Libya on Monday, Asharq Alawsat reported citing sources familiar with the matter. No further details of the deal were given, but it is known that Hess Co. owns 8.16 percent of Libya's Waha Oil Company. Total owns about
Source: arabnews.com