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Libya’s NOC To Lift Investment Moratorium; But Divisions Remain
...store pre-conflict output of 1.6mn by 2021, Mr Sanalla tells MEES. In the longer term, the state body is aiming to increase production to 2.1mn b/d, he adds. “We intend in the coming months to lift our self-imposed moratorium on foreign investment in new projects” that has been in place since 2011, sa...
Volume: 60Issue: 04Published at Fri, 27 Jan 2017 -
GCC Drilling Remains Strong Despite Upstream Capex Cuts
...TRENCHMENT 2016 vs'15 vs'14 2000 2005 2010 2011 20...
Volume: 60Issue: 04Published at Fri, 27 Jan 2017 -
Total: Cyprus “Thrilling”
...xonMobil and Qatar’s QP. Even if drilling is a success, lack of progress at Cyprus’ only discovery-to-date, 5 tcf, 2011 Aphrodite, provides a cautionary tale. ...
Volume: 60Issue: 04Published at Fri, 27 Jan 2017 -
Jordan Slashes Planned Deficit By 25% For 2017
...lculus. In 2016 the value of Jordan’s energy imports represented 10% of GDP, down from 18% in 2014, according to Energy Minister Ibrahim Saif. Up till 2011, Jordan mostly relied on imported gas from Egypt. But it has since moved to replace Egyptian gas supplies by LNG imports via a floating storage an...
Volume: 60Issue: 04Published at Fri, 27 Jan 2017