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  1. Cyprus’ Aphrodite: Development At Last?

    ...A development plan, set to be filed by end-2022, would see tie-back to under-utilized processing facilities on Egypt’s Mediterranean coast. Comments from Yossi Abu, CEO of Israel’s NewMed Energy, on his firm’s recent Q2 earnings call give the clearest signal yet the partners in Cyprus’ 2011...

    Volume: 65
    Issue: 36
    Published at Fri, 09 Sep 2022

  2. Libya’s NOC Advances Go-It-Alone 16,000 b/d Erawin Development

    ...forts to boost output from 1.3mn b/d to 2.1mn b/d (MEES, 11 June). Political instability, a lack of funding and weak security continue to present huge risks (see p14).   Ten years of near-continuous chaos since Libya’s 2011 revolution, have deterred NOC’s key foreign upstream partners from sa...

    Volume: 64
    Issue: 36
    Published at Fri, 10 Sep 2021

  3. Egypt Draws Up IOC Payment Timetable As Debts Mount

    ...are of production are nothing new, but amounts owed have ballooned since Egypt’s 2011 revolution.   Mr Isma’il acknowledged that the issue of arrears was a top priority for the government to ensure that IOCs would continue to invest in oil exploration and development.     The minister di...

    Volume: 56
    Issue: 36
    Published at Fri, 06 Sep 2013