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Libya’s Zueitina Restarts Zella Field
...pacity of nearly 60,000 b/d before the 2011 revolution but this has dwindled to well under 20,000 b/d. Zueitina is also working to restart its Sabah, Fedah, Hakim fields located on Block NC-74. The restart of shut-in fields is key to Libya’s long term output goals (MEES, 11 June). But funding issues an...
Volume: 64Issue: 38Published at Fri, 24 Sep 2021 -
Tunisia: Ex-Dictator Dies, Outsiders In Election Run-Off
...Tunisia’s ex-dictator Zine El-Abidine Ben Ali died in Saudi Arabia on 19 September where he had been forced into exile since his overthrow by a mass uprising in 2011. His death comes just two months after Tunisia’s first democratically elected president Beji Caid Essebsi passed away, tr...
Volume: 62Issue: 38Published at Fri, 20 Sep 2019 -
Libya Forex At Five-Year High
...Buoyed by relatively steady production of crude oil this year, Libya’s foreign exchange reserves rose to hit a five-year high $85.7bn at end-June, according to the country’s central bank. Foreign reserves reached an all-time-record in 2012, but the violence and chaos unleashed by the 2011 re...
Volume: 62Issue: 37Published at Fri, 13 Sep 2019 -
Cyprus Gas Compromise?
...diterranean to Greece. Turkey objects to what it labels unilateral Greek Cypriot gas exploration efforts and has vowed to protect the interests of the Turkish Cypriots in the northern third of the island. So far three discoveries have been made off the south of the island but only US firm Noble Energy’s 2011...
Volume: 62Issue: 36Published at Fri, 06 Sep 2019 -
Egypt’s Red Sea Seismic Reimaging
...uld appear to suggest a further delay to the bid round, which has already been pushed back from its initial 1 August closing (MEES, 5 July). Block 2 is considered the most prospective of the acreage on offer. US firm Hess drilled a dry well here in 2011. It is also relatively near to where Saudi Ar...
Volume: 62Issue: 36Published at Fri, 06 Sep 2019 -
Egypt-Cyprus Pipeline Deal
...s way from Cyprus to Egypt. The 4.2tcf 2011 Aphrodite discovery, and estimated 6-8tcf Calypso field discovered in January this year, are to-date the only discoveries made offshore the small Mediterranean island; neither has reached FID. Nicosia is currently in discussions with the Aphrodite pa...
Volume: 61Issue: 38Published at Fri, 21 Sep 2018