Marathon set to sell its Waha consortium stake

Upside: Marathon Oil chief executive Clarence Cazalot

Marathon Oil

By Vahe Petrossian London

 14 February 2013 06:14 GMT

Marathon Oil of the US plans to sell its stake in the consortium running Libya’s Waha oilfields, in what could be a potential blow to the North African producer’s credibility as it tries to revive its oil and gas sector amid post-revolution anarchy.

Become an Upstream member!

Membership includes a subscription to our weekly newspaper providing in-depth news from the energy industry, plus full-access to this site and its archives. Still not convinced? Try our free trial.

Already a member?

Login

Upstream share price index