1. Eni Swoops For Abu Dhabi Offshore, Sells Mubadala 10% Of Egypt’s Zohr

    ...quisitions annually to 2025 and that it’s targeting the Middle East’s burgeoning demand. ENI’S MIDDLE EAST PUSH Eni’s traditional stomping ground has been the Mediterranean and North Africa. Within the Mena region, North Africa provided Eni with 233,000 b/d net output in 2017, the lowest since 2011’s 20...

    Volume: 61
    Issue: 11
    Published at Fri, 16 Mar 2018
  2. Sudan’s Upstream Oil & Energy Sector: Investors Sought But IOCs Remain Cautious

    ...ABILIZED AFTER SOUTH SUDAN’S 2011 SECESSION BUT HAS DWINDLED SINCE 2015 ('000 B/D) *TO MID-MARCH. SOURCE: IEA, BP, MEES.   Last year saw the easing of wide-ranging western sanctions after 20 years. Their key legacy is that the country’s upstream (and that of South Sudan) is dominated by st...

    Volume: 61
    Issue: 11
    Published at Fri, 16 Mar 2018
  3. Lebanon Looks To Put Fiscal House In Order

    ...With the world’s third highest debt-to-GDP ratio and annual growth averaging just 1.7% since 2011, the Lebanese economy needs crucial assistance. Saad Hariri’s government aims to cut this year’s deficit and upcoming donor conferences may help. But can efforts overcome the structural issues im...

    Volume: 61
    Issue: 11
    Published at Fri, 16 Mar 2018