1. Tunisia & Libya Offer Up Border Discovery & Exploration Block In Bidding

    ...llowed up with a second successful well, Zarat-2, whilst 2011’s Zarat North-1 confirmed the extension of Zarat onto the Joint Oil block (MEES, 9 April 2012). The wells demonstrated a condensate-to-gas ratio of 85 barrels per million cubic feet of gas with medium case (2C) recoverable reserves pegged at...

    Volume: 66
    Issue: 50
    Published at Fri, 15 Dec 2023
  2. Israel Throws Spanner In Aphrodite Development

    ...Cyprus’ 2011 Aphrodite discovery had finally seemed to be moving forward with a development plan agreed with Nicosia in June (MEES, 7 June), but neighboring Israel says ‘not so fast’. A small portion of 4tcf Aphrodite is thought to extend into Israel’s Yishai license (see map below). Udu Ad...

    Volume: 62
    Issue: 50
    Published at Fri, 13 Dec 2019
  3. KRG: IOCs Nervously Eye Calendar As Payment Wait Drags On

    ...ntested territory that Exxon was controversially awarded in 2011 (MEES, 21 November 2011). A Turkish military base also lies at Baeshiqa, further complicating the area’s status. The KRG currently gets another 110,000 b/d from the Khurmala dome of the Kirkuk field, and about 110,000 b/d from its other pr...

    Volume: 60
    Issue: 50
    Published at Fri, 15 Dec 2017
  4. Should I Stay Or Should I Go? Majors In The KRG

    ...mpleted in 2015. EXXONMOBIL            •  The US major has recently reduced its KRG exposure. •  Controversially awarded six blocks in 2011, complicating the US firm’s relationship with Baghdad (it operates the key southern West Qurna-1 field). Two of the blocks, Al-Qosh and Baeshiqa in di...

    Volume: 59
    Issue: 50
    Published at Fri, 16 Dec 2016
  5. Eni Rocked By Algeria Corruption Probe

    ...June 2011). The Iraqi part of the investigations relates to Eni’s contract to spend $18bn raising production at the giant Zubair field from the current 270,000 b/d to 1.2mn b/d by 2017 (though there is likely to be some slippage on both volumes and date).   Eni has maintained a code of si...

    Volume: 55
    Issue: 50
    Published at Fri, 07 Dec 2012