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Egypt Gas Turns The Corner, But Can It Maintain Investment?
...d IOC executives descended on Cairo this week to attend the 2nd annual Egypt Petroleum Show (EGYPS) as Egypt intensifies efforts to attract investment in its hydrocarbons industry. The country has been reeling since the 2011 Arab Spring revolutions which scared off investors. Petroleum Minister Ta...
Volume: 61Issue: 07Published at Fri, 16 Feb 2018 -
Eni Cyprus Discovery: ‘Good-Good-Good, Or Just Good’?
...Eni’s Calypso Cyprus discovery could be bigger than Zohr. Complex geology means more drilling is needed. But CEO Claudio Descalzi says at a minimum the field will be a Zohr tie-in, with a stand-alone Cyprus LNG project a real possibility. This would also boost development prospects for the 2011...
Volume: 61Issue: 07Published at Fri, 16 Feb 2018 -
East Med Gas: Troubled Waters
...e incentives for Lebanon’s government. Whilst any sort of comprehensive peace agreement remains as far away as ever, the US has attempted to mediate a de facto agreement on their maritime boundary. In 2011 it sent diplomat Frederick Hoff to Lebanon in hopes of resolving the dispute. The so-ca...
Volume: 61Issue: 07Published at Fri, 16 Feb 2018 -
Spain 2017 Crude Imports ('000 B/D): Strong Iran And Libya Recovery Raises Mideast Volumes To 6-Year High
...*CHANGE EXPRESSED IN PERCENTAGE POINT TERMS. SPAIN CRUDE IMPORTS FROM MENA COUNTRIES: LIBYA VOLUMES HIT 14-YEAR HIGH IN Q4, OVERTAKING SAUDI FOR TOP SPOT; IRAN HIGHEST SINCE 2011 ('000 B/D) SOURCE: CORES, MEES....
Volume: 61Issue: 07Published at Fri, 16 Feb 2018