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