- Sort by:
- Score
- Published ▼
-
Libya’s Mabruk: 2025 Restart?
...France’s TotalEnergies reveals in its 2023 annual report on 29 March that output at Libya’s Mabruk field will restart next year at best. The field in Libya’s Sirte Basin oil heartland has not produced since being overrun and badly damaged by IS-affiliated militants in December 2014 (MEES, 6 Ma...
Volume: 67Issue: 14Published at Fri, 05 Apr 2024 -
Baghdad & KRG Sign Landmark ‘Temporary Deal’ To Resume Exports
...t to restart. Ankara’s strict implementation of the ICC ruling which covered exports from 2014 to 2018 appears more directed at pressing Iraq not to file for additional compensation for the period of 2019 onwards and to negotiate a settlement of the approximately $1.5bn reward granted. With that be...
Volume: 66Issue: 14Published at Fri, 07 Apr 2023 -
Baghdad Sends Fresh Oil Sector Demands to Erbil
...s resources in Iraqi Kurdistan back in 2014 it chose the more-lucrative production sharing agreement (PSA) contractual model allowing foreign operators a share of the volume of oil produced, rather than the technical services contract (TSC) model used by Baghdad. Baghdad meanwhile treats IOCs as se...
Volume: 65Issue: 14Published at Fri, 08 Apr 2022 -
Egypt Gas Market Liberalization: Set For Take-Off?
...minent gas imports from Israel resting on the new framework, MEES examines the state of play. Egypt on 1 August 2017 passed legislation to enable use of the country’s 7,600km main gas grid by private sector operators. Long-mooted liberalization plans gained traction in 2014-15 as slumping domestic ou...
Volume: 62Issue: 14Published at Fri, 05 Apr 2019 -
Algeria: Bouteflika Out, But What Next?
...the protests is Algerians’ inability to see a bright future with the current system in place. Half of the country’s 42mn population is under the age of 30 and youth unemployment is close to 30%. In the good times of high oil prices, the ruling elite was able to buy its way out of trouble, but the 2014...
Volume: 62Issue: 14Published at Fri, 05 Apr 2019 -
Yemen: IOCs Eye Re-Entry Amidst Battlefield Stalemate
...OMV’s 2014 global net liquids output. But this share was set to rise from 14,500 b/d (6,400 b/d net to OMV) for 2014 to 23,000 b/d in 2016 with the culmination of €1.9bn development plans. Late-2014 saw the start-up of five wells and two early production facilities, with a further 15 wells pl...
Volume: 61Issue: 14Published at Fri, 06 Apr 2018 -
Libya: GNC Sacks PM As Oil Output Rises With Prospect Of More to Come
...at there is some LD100bn available in the banking system. This spurred an investigation by the GNC’s finance committee that revealed he had overstated government revenues. Mr Hasi, an Islamist, was appointed as prime minister by the GNC in August 2014. He was runner up to Abdullah al-Thinni, Pr...
Volume: 58Issue: 14Published at Fri, 03 Apr 2015 -
Yemen Crisis Claims More IOC Casualties
...pplies neighboring communities is maintained.” Block 10, until recently had been producing just shy of 35,000 b/d, up slightly on its 2014 average of 31,000 b/d. But while Total did not clarify by how much output has been reduced, MEES soundings indicate production from the field is now running at be...
Volume: 58Issue: 14Published at Fri, 03 Apr 2015 -
Algerian Elections: Political Stagnation Persists
...versification. In an effort to boost the economy and placate the electorate, Algiers has boosted its budget for 2014, raising expenditure by 11.3% to AD7,656bn ($95.7bn), after reigning in spending in 2013. ...
Volume: 57Issue: 14Published at Fri, 04 Apr 2014 -
China & GCC Widen Energy Ties
...ey had gathered in New York for a UN General Assembly meeting. Outgoing Prime Minister of China, Wen Jiabao, visited Abu Dhabi in January 2012 as Chinese oil companies were chasing onshore concessions ahead of their January 2014 expiration. As Vice President in 2008, Mr Xi held extensive me...
Volume: 56Issue: 14Published at Fri, 05 Apr 2013