ConocoPhillips pays $900 million tax bill to Libyan authorities
The USA group, together with TotalEnergies, bought the 8.16% stake in the Libyan Waha Oil Company held by its compatriot Hess. The partners intend to invest $2 billion in the oil and gas concession, its sole asset in the country.
Someone shares this article with you
▪ ConocoPhillips pays $900 million tax bill to Libyan authorities
▪ The USA group, together with TotalEnergies, bought the 8.16% stake in the Libyan Waha Oil Company held by its compatriot Hess. The partners intend to invest $2 billion in the oil and gas concession, its sole asset in the country.
▪ https://www.africabusinessplus.com/en/811399/conocophillips-pays-900-million-tax-bill-to-libyan-authorities/
Bill Bullock, executive VP and CFO of ConocoPhillips, said it would settle its tax liabilities before investing in the country.
This article is for subscribers only. To read more, subscribe with a special offer.
You are connected to your Jeune Afrique account but your Africa Business+ subscription does not allow you to consult the English version. To update your subscription, contact us by clicking here.
Recommended articles
Advisory
05/04/2023 at 18h48, by Africa Business+
Libyan Asset Recovery & Management Office Director General Mohamed R Mensli in Washington in April
The inside story from Africa Business+.
Maritime transport
05/01/2023 at 17h45, by Africa Business+
Tripoli promises Tunisian Etraph CEO Mohamed Abid to resume marina works
The national unity government in Tripoli, led by Abdelhamid Dbeibah, assured Mohammed Abid, CEO of the...
Oil & Gas
04/02/2022 at 16h05, by Africa Business+, updated 05/02/2022
TotalEnergies to conclude firm supplier contracts for Lake Albert in coming weeks
The French group and its Chinese partner CNOOC are signing contracts worth several billion dollars with...
Bank & Insurance
11/01/2022 at 20h11, by Africa Business+, updated 12/01/2022
Sudanese subsidiary of Libyan sovereign wealth fund recovers $500,000 seized by the US authorities
The case dates back to 1992, when a transfer of funds was blocked and was about to be used to compensate...
Advisory
08/11/2021 at 13h00, by Africa Business+, updated 09/11/2021
Libya vs Strabag: Tripoli refuses to give in – opts to appeal
Despite two legal setbacks in its dispute with the Austrian public works company, Libya remains confident...
Construction & Infrastructure
04/10/2021 at 16h05, by Africa Business+
Libya: €75 million arbitration award in favour of Strabag confirmed
The Austrian construction company won several contracts associated with three Libyan public groups in...
Any questions ? contact us
Please get in touch with the Africa Business+ team if you require any further information.
Email us : customer.care@africabusinessplus.com
Add AB+ to your home screen
1. Click on 
at the bottom of your screen.
2. Click on 
to add AB+ on the home screen.
3. Enter the name of the shortcut and confirm.