1. Libya Exploration Looking Up As Eni & BP Lift Force Majeure

    ...menting the re-establishment of UK relations with the Gaddafi regime following a landmark visit by then PM Tony Blair to Tripoli (MEES, 4 June 2007). BP was slow to kick off exploration but was “hours away” from beginning a 17-well, $900mn commitment drilling program when the revolution began in February 2011...

    Volume: 66
    Issue: 31
    Published at Fri, 04 Aug 2023
  2. Opec Output: Saudi Floats Potential Deeper Voluntary Cuts

    ...tages, Libya, which is exempt from the cuts, has seen its output stabilize for a 12th straight month above 1.1mn b/d with drilling running at close to the highest level since the country’s 2011 revolution (see p5), IRAQ: HOsES BOOST EXPORT CAPACITY          Iraqi production continues to rise as th...

    Volume: 66
    Issue: 31
    Published at Fri, 04 Aug 2023