1. Libya’s NOC Announces New Sirte Basin Discovery

    ...ospect, where OMV last year started its first drilling campaign in Libya since the 2011 revolution (MEES, 1 November 2024). At a depth of 10,476 feet (3,193 meters), the exploratory well is expected to produce “more than 4,200 b/d of oil and around 2.6mn cfd of gas,” says NOC. Block 4 of Area 106 ad...

    Volume: 68
    Issue: 44
    Published at Fri, 31 Oct 2025
  2. Lebanon Approves Cyprus Maritime Border, Syria Next

    ...mplicated relationship with Lebanon: despite long periods of occupation, political domination and meddling, Syria has historically seen Lebanon as a ‘breakaway province’ and therefore resisted any form of boundary demarcation. Lebanon unilaterally claimed its EEZ in a letter to the United Nations in 2011...

    Volume: 68
    Issue: 44
    Published at Fri, 31 Oct 2025