- Sort by:
- Score
- Published ▼
-
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: 68Issue: 44Published at Fri, 31 Oct 2025 -
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 -
OMV Sees Huge Libya Potential As It Steps Up Drilling
...fted force majeure on Libyan exploration activity (MEES, 10 November 2023), resuming drilling campaigns in Libya last year for the first time since the 2011 revolution (MEES, 1 November 2024). Despite the increased activity, concerns over the security situation and political instability remain ac...
Volume: 68Issue: 43Published at Fri, 24 Oct 2025 -
Exxon: Turning Disadvantaged Barrels Into Advantaged Ones
...years of conflict following the 2011 revolution, ExxonMobil is also eying a return after more than a decade. It signed an MoU with the NOC in August (MEES, 8 August), to examine four offshore blocks located off the northwest coast and the country’s Sirte Basin. “This partnership agreement brings to...
Volume: 68Issue: 42Published at Fri, 17 Oct 2025 -
Iraq Upstream Prospects Improve As Exxon Mulls Return
...censing round. Relations between Iraq and Exxon deteriorated after the firm controversially entered the Kurdistan Region in 2011, with Baghdad barring the major from bidding in subsequent rounds. By 2021, ExxonMobil was looking for the exit door, but the oil ministry repeatedly blocked Exxon’s attempts to se...
Volume: 68Issue: 41Published at Fri, 10 Oct 2025