Waha Oil Company
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Waha Oil Company
Waha Oil Company (WOC; Arabic: , ) is an oil company based in Tripoli, Libya, engaged in the fields of crude oil and natural gas exploration and production. Overview WOC is involved in upstream activities, including oil exploration, drilling, production and shipping. They operate four oil fields, the largest being the Waha oil field. Additionally, WOC manages oil for several companies through its production lines running from the Sirte Basin to Es-Sider terminal. Some of these companies include Wintershall, Total S.A. and Zuietina. WOC is owned by the National Oil Corporation (NOC) in a joint venture with ConocoPhillips, Marathon and Hess Corp. History WOC was established in 1956 and its first oil discovery was made in 1959, in Dahra field. In 1962, WOC began pumping oil to a terminal operated by Conoco, Amerada Hess and Marathon. In 1968, Shell joined the consortium, purchasing shares from Amerada Hess. In 1973, after the ''Al-Fatah'' Revolution, company shares were spl ...
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Tripoli, Libya
Tripoli (; ar, طرابلس الغرب, translit= Ṭarābulus al-Gharb , translation=Western Tripoli) is the capital and largest city of Libya, with a population of about 1.1 million people in 2019. It is located in the northwest of Libya on the edge of the desert, on a point of rocky land projecting into the Mediterranean Sea and forming a bay. It includes the port of Tripoli and the country's largest commercial and manufacturing center. It is also the site of the University of Tripoli. The vast barracks, which includes the former family estate of Muammar Gaddafi, is also located in the city. Colonel Gaddafi largely ruled the country from his residence in this barracks. Tripoli was founded in the 7th century BC by the Phoenicians, who gave it the Libyco-Berber name ( xpu, 𐤅𐤉‬‬𐤏‬𐤕‬, ) before passing into the hands of the Greek rulers of Cyrenaica as Oea ( grc-gre, Ὀία, ). Due to the city's long history, there are many sites of archeological signi ...
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Royal Dutch Shell
Shell plc is a British multinational oil and gas company headquartered in London, England. Shell is a public limited company with a primary listing on the London Stock Exchange (LSE) and secondary listings on Euronext Amsterdam and the New York Stock Exchange. It is one of the oil and gas "supermajors" and by revenue and profits is consistently one of the largest companies in the world. Measured by both its own emissions, and the emissions of all the fossil fuels it sells, Shell was the ninth-largest corporate producer of greenhouse gas emissions in the period 1988–2015. Shell was formed in 1907 through the merger of Royal Dutch Petroleum Company of the Netherlands and The "Shell" Transport and Trading Company of the United Kingdom. The combined company rapidly became the leading competitor of the American Standard Oil and by 1920 Shell was the largest producer of oil in the world. Shell first entered the chemicals industry in 1929. Shell was one of the " Seven Sisters" whi ...
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Energy Companies Established In 1956
In physics, energy (from Ancient Greek: ἐνέργεια, ''enérgeia'', “activity”) is the quantitative property that is transferred to a body or to a physical system, recognizable in the performance of work and in the form of heat and light. Energy is a conserved quantity—the law of conservation of energy states that energy can be converted in form, but not created or destroyed. The unit of measurement for energy in the International System of Units (SI) is the joule (J). Common forms of energy include the kinetic energy of a moving object, the potential energy stored by an object (for instance due to its position in a field), the elastic energy stored in a solid object, chemical energy associated with chemical reactions, the radiant energy carried by electromagnetic radiation, and the internal energy contained within a thermodynamic system. All living organisms constantly take in and release energy. Due to mass–energy equivalence, any object that has mass when ...
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Oil And Gas Companies Of Libya
An oil is any nonpolar chemical substance that is composed primarily of hydrocarbons and is hydrophobic (does not mix with water) & lipophilic (mixes with other oils). Oils are usually flammable and surface active. Most oils are unsaturated lipids that are liquid at room temperature. The general definition of oil includes classes of chemical compounds that may be otherwise unrelated in structure, properties, and uses. Oils may be animal, vegetable, or petrochemical in origin, and may be volatile or non-volatile. They are used for food (e.g., olive oil), fuel (e.g., heating oil), medical purposes (e.g., mineral oil), lubrication (e.g. motor oil), and the manufacture of many types of paints, plastics, and other materials. Specially prepared oils are used in some religious ceremonies and rituals as purifying agents. Etymology First attested in English 1176, the word ''oil'' comes from Old French ''oile'', from Latin ''oleum'', which in turn comes from the Greek (''elaion'') ...
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Sidra, Libya
Sidra or Sidr ( ar, السدرة) is a port about 23 km west of Ra's Lanuf in Libya. It is Libya's largest oil depot, shipping about , and during the Cold War gave its name to the 'Gulf of Sidra', an alternative name for the Gulf of Sirte. Sidra Airport is directly next to the port. History This oil port increased in importance as Libya's economy developed in the last quarter of the 20th century. Libyan Civil War During the Libyan Civil War, forces under the leadership of the National Transitional Council captured the port of Sidra at the beginning of March 2011. Pro-Gaddafi forces tried to retake the port from the anti-Gaddafi forces some days later. Second Libyan Civil War During the Second Libyan Civil War, the Islamic State of Iraq and the Levant's Libyan branch launched an attempt to seize the port in January 2016. At least one oil storage tank was set ablaze by a long-range rocket. In June 2018, militiamen led by Ibrahim Jadhran seized the port from the Libyan National A ...
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Gialo High
The Gialo High is a relatively small horst (geology), horst block in the eastern Sirte Basin of the Libyan oil fields. It is most important and best known for the stacked oil fields in rocks ranging from Early Cretaceous to Oligocene age. There are several billion barrels of oil reserves associated with the structure both over the crest of the horst as well as flanking the high in the adjacent graben. Present day explorers

There are three oil companies currently exploring for and producing oil from the Gialo High and the surrounding flanks. Wintershall operates Concession 97, Waha Oil Company operates Concession 59 and the Arabian Gulf Oil Company (Agoco) operates NC59. Some of the oil fields on the Gialo High and its flanks are Gialo, 6J-59, 4E-59 and Lidam. Geography of Libya Oil fields of Libya Horsts (geology) {{Oilfield-stub ...
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Waha Field
Waha field is an oil field located in the Libya Sirte basin and owned by the Waha Oil Company (WOC), which is a subsidiary of the National Oil Corporation (NOC). During 2006, the Waha fields produced around per day, down from around in 1969 and in 1986. However, WOC expects to increase Waha output by around over the next couple of years. In 2005, ConocoPhillips and co-venturers reached an agreement with NOC to both return to its operations in Libya and to extend the Waha concession by another 25 years. ConocoPhillips operates the Waha fields with a 16.33% share in the project. NOC has the largest share of the Waha concession at 59.17%, and additional partners include Marathon Oil (16.33%), and Amerada Hess Hess Corporation (formerly Amerada Hess Corporation) is an American global independent energy company involved in the exploration and production of crude oil and natural gas. It was formed by the merger of Hess Oil and Chemical and Amerada Petr ... (8.17%). The Waha oil ...
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Marathon Oil
Marathon Oil Corporation is an American company engaged in hydrocarbon exploration incorporated in Ohio and headquartered in the Marathon Oil Tower in Houston, Texas. A direct descendant of Standard Oil, it also runs international gas operations focused on Equatorial Guinea, offshore Central Africa. The company is ranked 534th on the Fortune 500 and 1900th on the Forbes Global 2000. As of December 31, 2020, the company had of estimated proven reserves, of which 86% was in the United States and 14% was in Equatorial Guinea. The company's proved reserves consisted 52% of petroleum, 30% natural gas and 18% natural gas liquids. In 2020, the company sold per day, of which 26% was from the Eagle Ford Group, 27% was from the Bakken formation, 17% was from Oklahoma, 7% was from the Northern Delaware Basin, 2% was from other U.S. sources, and 20% was from Equatorial Guinea. History Marathon Oil began as "The Ohio Oil Company" in 1887. In 1889, the company was purchased by John D. Ro ...
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Energy Information Administration
The U.S. Energy Information Administration (EIA) is a principal agency of the U.S. Federal Statistical System responsible for collecting, analyzing, and disseminating energy information to promote sound policymaking, efficient markets, and public understanding of energy and its interaction with the economy and the environment. EIA programs cover data on coal, petroleum, natural gas, electric, renewable and nuclear energy. EIA is part of the U.S. Department of Energy. Background The Department of Energy Organization Act of 1977 established EIA as the primary federal government authority on energy statistics and analysis, building upon systems and organizations first established in 1974 following the oil market disruption of 1973. EIA conducts a comprehensive data collection program that covers the full spectrum of energy sources, end uses, and energy flows; generates short- and long-term domestic and international energy projections; and performs informative energy analyses. ...
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George W
George Walker Bush (born July 6, 1946) is an American politician who served as the 43rd president of the United States from 2001 to 2009. A member of the Republican Party, Bush family, and son of the 41st president George H. W. Bush, he previously served as the 46th governor of Texas from 1995 to 2000. While in his twenties, Bush flew warplanes in the Texas Air National Guard. After graduating from Harvard Business School in 1975, he worked in the oil industry. In 1978, Bush unsuccessfully ran for the House of Representatives. He later co-owned the Texas Rangers of Major League Baseball before he was elected governor of Texas in 1994. As governor, Bush successfully sponsored legislation for tort reform, increased education funding, set higher standards for schools, and reformed the criminal justice system. He also helped make Texas the leading producer of wind powered electricity in the nation. In the 2000 presidential election, Bush defeated Democratic incum ...
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Executive Order (United States)
In the United States, an executive order is a directive by the president of the United States that manages operations of the federal government. The legal or constitutional basis for executive orders has multiple sources. Article Two of the United States Constitution gives presidents broad executive and enforcement authority to use their discretion to determine how to enforce the law or to otherwise manage the resources and staff of the executive branch. The ability to make such orders is also based on expressed or implied Acts of Congress that delegate to the president some degree of discretionary power (delegated legislation).John Contrubis, '' Executive Orders and Proclamations'', CRS Report for Congress #95-722A, March 9, 1999, Pp. 1-2 The vast majority of executive orders are proposed by federal agencies before being issued by the president. Like both legislative statutes and the regulations promulgated by government agencies, executive orders are subject to judicial ...
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Ronald Reagan
Ronald Wilson Reagan ( ; February 6, 1911June 5, 2004) was an American politician, actor, and union leader who served as the 40th president of the United States from 1981 to 1989. He also served as the 33rd governor of California from 1967 to 1975, after having a career in entertainment. Reagan was born in Tampico, Illinois. He graduated from Eureka College in 1932 and began to work as a sports announcer in Iowa. In 1937, Reagan moved to California, where he found Ronald Reagan filmography, work as a film actor. From 1947 to 1952, Reagan served as the president of the Screen Actors Guild, working to Hollywood blacklist, root out alleged communist influence within it. In the 1950s, he moved to a career in television and became a spokesman for General Electric. From 1959 to 1960, he again served as the guild's president. In 1964, his speech "A Time for Choosing" earned him national attention as a new conservative figure. Building a network of supporters, Reagan was 1966 Califo ...
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