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  1. Libya: Output At Seven-Year High; Can It Last?

    ...solved two long-running contractual disputes with industry heavyweights Total and Wintershall Dea. Both firms committed to fresh exploration and development projects (MEES, 13 December 2019), something of a rarity for Libya since 2011. Success for Libya will depend on how much of a return IOCs and co...

    Volume: 63
    Issue: 01
    Published at Fri, 03 Jan 2020

  2. Egypt Bags Major Investment In Frontier Areas

    ...stern neighbor Libya (see p5). The other seven blocks garnered no bids. These include Block 2, the northernmost of the coastal blocks on offer and the only one to have seen significant past exploration – US firm Hess drilled a duster in 2011. All bidders were given access to 2D seismic shot across th...

    Volume: 63
    Issue: 01
    Published at Fri, 03 Jan 2020