1. Aphrodite Deal Close

    ...US firm Noble Energy and its partners at Cyprus 5tcf Aphrodite gas field are locked in discussions with Nicosia over restructuring the Production Sharing Contract (PSC) signed in August 2011. The original contract model itself was drafted in 2008.  MEES understands that Noble is seeking to...

    Volume: 61
    Issue: 26
    Published at Fri, 29 Jun 2018
  2. Eni Ramps-Up Zohr, Mubadala Farms In

    ...t 6.5bn cfd in September, oil minister Tarek El Molla says, an all-time high that easily surpasses the previous record of 6.219bn cfd reached in December 2011. The new gas gains come courtesy of Italian firm Eni’s Zohr gas field. Discovered in August 2015, the field was fast-tracked by Cairo as it...

    Volume: 61
    Issue: 26
    Published at Fri, 29 Jun 2018
  3. Analysis: Will New Amir Era Usher In QP Restructuring?

    ...cember 2011).   In addition to a recent 2.5tcf Wintershall find in Block 4N, Qatar has two other sources of gas available without the moratorium being lifted: surplus gas from the 1.5bn cfd Barzan project; and a 500mn cfd cushion field beneath Dukhan oil field. The cushion field was taken out of pr...

    Volume: 56
    Issue: 26
    Published at Fri, 28 Jun 2013