The government in Tripoli has been trying to fend off the advances of the Libyan National Army headed by Field Marshal Khalifa Haftar. Last month, the Libyan government granted a grace period of three months for firms to renew their licenses, a move seen by analysts as a way of shoring up international support against an assault by Haftar's forces.
Apart from Total, Thales, German industrial conglomerate Siemens, and Alcatel-Lucent, now owned by Nokia (NOK), and Microsoft (MSFT) are being required to renew their licenses, according to the report.
Price: 52.83, Change: +0.01, Percent Change: +0.02
|Analyst Actions: UBS Trims UGI's Price Target to $56...|
|Analyst Actions: Imperial Capital Lifts Planet Fitne...|
|iClick Interactive Asia Group Issues $20 Million Con...|
|Analyst Actions: Wells Fargo Cuts Price Target on SM...|
|Analyst Actions: BofA Merrill Lynch Lowers Vapotherm...|