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  1. Can Cyprus Reboot Offshore Drilling Plans?

    ...i announced its own 6-8tcf Calypso discovery (MEES, 16 February 2018), raising expectations that the island would finally be able to call itself a gas producer. Initial hopes following the 2011 discovery of Cyprus’ 4.1tcf Aphrodite had subsided in the six years between, with the mid-2014 oil price co...

    Volume: 63
    Issue: 52
    Published at Thu, 24 Dec 2020

  2. Libya Dusts Off $60bn Of Projects: Could This Be Its Last Chance?

    ...bound in the last quarter of the year, Libya’s crude production in 2020 is still set for its lowest level since 1962 at just 341,000 b/d. That represents a 69% fall on 2019’s seven-year high of 1.11mn b/d, making this year the worst since the 2011 revolution in output terms. It is also two-thirds down on...

    Volume: 63
    Issue: 52
    Published at Thu, 24 Dec 2020