1. Repsol ‘Optimistic’ As Libya’s Sharara Output Hits Five-Year High

    ...arly 60,000 b/d before the 2011 revolution but output has averaged 25-30,000 b/d in recent years.  LIBYA’S SHARARA CONCESSION: AVERAGE OUTPUT SLUMPED TO 200,000 B/D FOR 2024 ON THE BACK OF LENGTHY OUTAGES (‘000 B/D).... ...BUT NEW DRILLING CONTINUED APACE. REPSOL SAYS CAPACITY LEAPT BY 37,000 B/D OV...

    Volume: 68
    Issue: 09
    Published at Fri, 28 Feb 2025
  2. Cyprus Eyes Gas Riches: Cronos And Aphrodite Plans Advance, Destination Egypt

    ...uld be 2031, 20 years after discovery, before Chevron achieves first output. Cyprus’ 3.5tcf Aphrodite field, the Mediterranean island’s first gas discovery in 2011, has a new development plan after Nicosia on 14 February accepted proposals filed by Chevron in September that envisage 800mn cfd ou...

    Volume: 68
    Issue: 08
    Published at Fri, 21 Feb 2025