Bloomberg News

Armed Clashes Erupt at Waha Oil Co.’s Field in Libya, Mena Says

March 19, 2013

Armed clashes took place at an oil field owned by Libya’s Waha Oil Co. after unidentified gunmen attacked security forces guarding the facility, Egypt’s state- run Middle East News reported, citing company officials.

The unrest at the Dahra field occurred as protesters gathered at the company’s Gialo site to demand jobs at the facility, the Cairo-based agency, known as Mena, cited the unidentified officials as saying.

The strike at Gialo resulted in a cut in the country’s crude output by 120,000 barrels a day, Libya’s Oil Minister Abdulbari Al-Arusi said yesterday. Waha Oil is owned by the state-run National Oil Corp. in partnership with ConocoPhillips (COP:US), Hess Corp. (HES:US) and Marathon Oil Corp. (MRO:US)

To contact the reporter on this story: Ola Galal in Cairo at ogalal@bloomberg.net

To contact the editor responsible for this story: Raj Rajendran at rrajendran4@bloomberg.net


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Companies Mentioned

  • COP
    (ConocoPhillips)
    • $70.98 USD
    • 1.23
    • 1.73%
  • HES
    (Hess Corp)
    • $74.5 USD
    • 3.95
    • 5.3%
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