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  1. Lebanon Bid Round: Second Time A Charm?

    ...d not scare off the consortium, but adjacent Blocks 8 and 10 went bid-less. Five blocks were not tendered in the first round, so Lebanon has a total of eight it can offer up. The political situation is still more stable than 2011-16 when spillover from Syria was a critical concern, so if in...

    Volume: 61
    Issue: 32
    Published at Fri, 10 Aug 2018

  2. Turkey Plans East Med Drilling: Politics Over Geology?

    ...unters with either military muscle or by stepping up its own ‘plans’ for hydrocarbon exploration. This was the case back in 2011 when US firm Noble began drilling Block 12 off southeast Cyprus (MEES, 26 September 2011), and Turkey further ramped up the rhetoric after Noble’s drilling resulted in the 5tcf Ap...

    Volume: 61
    Issue: 32
    Published at Fri, 10 Aug 2018