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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: 68Issue: 44Published at Fri, 31 Oct 2025 -
Egyptians Wary Rushed Elections Spell Tougher Times Ahead
...ility to raise cash for repayments, with top credit agencies downgrading the outlook for Egyptian debt. The IMF expects debt to increase from 88.5% of GDP in 2022 to 92.7% this year. Meanwhile, cumulative Gulf aid to Egypt since 2011 is estimated to have exceeded $110bn. This includes the $22bn pl...
Volume: 66Issue: 43Published at Fri, 27 Oct 2023 -
Israel Halts Tamar & EMG Flows As Fight With Hamas Continues
...thering output from 2011’s 3.5tcf Aphrodite discovery (MEES, 25 January 2013), other more recent Cyprus finds, and potentially Leviathan, which lies just 30km from Aphrodite, too. Cyprus’ current Energy Minister George Papanastasiou was quick to highlight Cyprus’ attractiveness during the ‘Cyprus Ga...
Volume: 66Issue: 41Published at Fri, 13 Oct 2023 -
Petrofac Hopes To Turn Page After UK Bribery Conviction
...UK-based services firm Petrofac is hoping to put a scandal-riven few years behind it after a UK court on 4 October found it guilty on seven counts of bribery involving payments of $44mn to secure $3.5bn of contracts in Gulf countries between 2011 and 2017. In a case brought by the UK’s Se...
Volume: 64Issue: 40Published at Fri, 08 Oct 2021 -
Turkey’s East Med Drilling Campaign: Politics By Other Means
...illships and seismic vessels, TPAO had little experience of going it alone. All of its prior offshore exploration efforts were with international partners and none turned up commercial discoveries (MEES, 21 November 2011). You have to start somewhere, but TPAO’s lack of expertise doesn’t point to an ef...
Volume: 63Issue: 41Published at Fri, 09 Oct 2020 -
Kuwait Enters New Era Following Emir’s Death
...approved by the National Assembly. Earlier in Emir Sabah’s reign Sheikh Nasser Mohammed Al Sabah and Sheikh Ahmed Fahd Al Sabah were two leading candidates but the pair have since fallen out of favor. The 79-year old Sheikh Nasser Mohammed was forced out of office as prime minister in November 2011...
Volume: 63Issue: 40Published at Fri, 02 Oct 2020 -
Egypt, Ethiopia Hit Dam Deadlock
...Tripartite talks between Egypt, Ethiopia and Sudan in Khartoum about filling of the Grand Ethiopian Renaissance Dam (GERD) broke down last week with Cairo calling for international mediation. Announced in 2011 the $5bn, 6GW Grand Ethiopian Renaissance Dam (GERD) has suffered several de...
Volume: 62Issue: 41Published at Fri, 11 Oct 2019 -
Syria: Gas Output At 75% Pre-War Levels, Oil Recovery Lags
...ll. In this way, the country’s modest yet domestically important oil and gas sector is increasingly crucial to Syria’s political landscape. Before 2011’s descent into chaos, hydrocarbons were a cornerstone of the Syrian economy. Oil production, though steadily on the decline from a record 61...
Volume: 61Issue: 42Published at Fri, 19 Oct 2018 -
Iraqi Government Formation Gathers Pace
...suffered a major stroke in December 2012. Mr Salih is not as formidable an operator as Mr Talabani – who passed away last year – but he is cut from the same cloth as his former mentor. He served as prime minister of the Kurdistan Region from 2009 to 2011. Mr Salih was put forward as a ca...
Volume: 61Issue: 40Published at Fri, 05 Oct 2018 -
ExxonMobil Relinquishes Fourth KRG Block, Walking Away From Al Qosh
...US major ExxonMobil tells MEES that it has relinquished its stake in the Al Qosh block in north western Kurdistan. Following last year’s relinquishment of three blocks in Kurdistan, ExxonMobil is now left with just two of the six assets it controversially signed up to in 2011 (MEES, 21 No...
Volume: 60Issue: 42Published at Fri, 20 Oct 2017 -
Libya: Another ‘Historic’ Opportunity For Peace
...14, what was arguably a further split into three ushered in by the LPA in December 2015, or the collapse in 2011 of the regime of ousted dictator Mu’ammar al- Qadhafi. Combining inclusivity with consensus will be a tough trick for the UN to pull off. HISTORIC DIVISIONS For most of the past six ye...
Volume: 60Issue: 40Published at Fri, 06 Oct 2017 -
Iraq’s Mosul Offensive Begins Amid Patchwork Coalition
...serves are in territories which were controlled by Kurdish forces even prior to June 2014. ExxonMobil secured production sharing agreements (PSA) from the KRG for six blocks in 2011, including Baeshiqa and al-Qush, which extend into Ninawa’s disputed territory. Secondly the Sunni Arab force trained an...
Volume: 59Issue: 42Published at Fri, 21 Oct 2016 -
Kuwait Dissolves Parliament Amidst Subsidy Reform Uproar
...12 2011 bn...
Volume: 59Issue: 42Published at Fri, 21 Oct 2016 -
Syrian Oil Output Shrinks Further; Is An Endgame In Sight?
...eas fell to a mere 9,200 b/d for the third quarter this year, just 2% of the 387,000 b/d the country was producing before the country’s civil war broke out in 2011. Output averaged 9,688 b/d for the first nine months of this year, Syrian Oil Minister Sulaiman al-‘Abbas said this week, figures that im...
Volume: 58Issue: 44Published at Fri, 30 Oct 2015 -
Iraq Progresses With Giant Gas-Fired Plant, But Where’s The Fuel?
...ptember). IRAQ CRUDE BURN TOPS 220,000 B/D AS GAS INFRASTRUCTURE FAILS TO KEEP PACE WITH POWER DEMAND IRAQ GAS PRODUCTION (MN CFD) 2009 2010 2011 2012 20...
Volume: 58Issue: 42Published at Fri, 16 Oct 2015 -
IOCS In Tunisia Look To Bureaucratic Debottlenecking
...tput since 2010. The aftermath of the 2011 revolution that toppled Ben Ali, saw substantial political instability, as a first government had to make way to a caretaker administration. As a result, exploration rights were not granted, and exploration and production permits not renewed, a serious bl...
Volume: 57Issue: 44Published at Fri, 31 Oct 2014 -
Tunisia: Election Time In The Arab Spring’s Sole Survivor
...TUNISIA Tunisia: Election Time In The Arab Spring’s Sole Survivor Regime change in Tunisia set off a series of revolutions across the Middle East in 2011. The achievements of these protest movements have largely been reversed elsewhere, but parliamentary elections held in Tunisia over th...
Volume: 57Issue: 43Published at Fri, 24 Oct 2014 -
Oil Revenues Key To Conflict In Libya
...bya specialist at the International Crisis Group. The enmity is rooted in the period after Mu’ammar al-Qadhafi was toppled in 2011, when the JCP stonewalled decision making in the GNC, so paralyzing a government already struggling to impose its authority on the country. The Misratans on the other ha...
Volume: 57Issue: 42Published at Fri, 17 Oct 2014 -
Airstrikes Hit Syria’s Murky Wartime Oil And Gas Sector
...e entry of US-led coalition warplanes into the Syrian melee. In fact, Syria suffered from years of decline in its oil sector even prior to the outbreak of war in 2011, which then reduced oil and gas production to a mere trickle. Declining oil revenues helped put Syria on the path to civil unrest an...
Volume: 57Issue: 40Published at Fri, 03 Oct 2014 -
2014 Presidential Elections Dominate Algerian Politics
...unds in 2011. This prompted Mr Khalil’s successor, Mr Yousef Yousfi, to introduce an amended hydrocarbon law designed to attract investors into unconventional oil and gas fields in order to help stem declines from conventional fields. IOCs argue that the amended law still needs further re...
Volume: 56Issue: 42Published at Fri, 18 Oct 2013