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Mauritania’s Banda Integrated Gas Project Progresses
...ergy needs. UK based Tullow took Banda in 2011 from Malaysia’s Petronas and announced commerciality a year later (MEES, 22 February 2013) before having to cut back on investments when prices began to drop in 2014. Development plans only recovered recently when Banda and the nearby 0.9tcf Tevet fi...
Volume: 68Issue: 46Published at Fri, 14 Nov 2025 -
Dana Gas Signs Up To Syrian Gas Development Plan
...e fields that make up the South Middle Area Gas Project. There are a number of other nearby gas fields that could also be included in the agreement, with Syria having announced the discovery of the 47bn m³ (1.66tcf) Qara field in 2011 shortly after it started producing 0.6mn m³ (21mn cfd ) from the Sa...
Volume: 68Issue: 46Published at Fri, 14 Nov 2025 -
‘The Great Fuel Heist’: Libya’s ‘Kleptocrats’ Blamed For Smuggling Crisis
...gures between 2022 and 2024 confirm the surge under Mr Bengdara. According to data intelligence firm Kpler, Libya’s fuel imports peaked in September 2024 at 307,000 b/d, the highest monthly figure since the 2011 revolution (see chart 1). This is more than double the 147,000 b/d figure from September 20...
Volume: 68Issue: 46Published at Fri, 14 Nov 2025 -
Libya Crude Exports Surge As Officials Hail ‘Golden Opportunity’ For Investors
...e highest quarterly figure since the country’s 2011 revolution. In the first nine months of the year, exports averaged a record 1.19mn b/d, up 24% from 965,000 b/d in 9M 2024 (see chart 1). Meanwhile, output figures continue to hit record highs, averaging 1.38mn b/d for the first nine months of...
Volume: 68Issue: 45Published at Fri, 07 Nov 2025 -
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 -
Kuwait Crude Oil Capacity Rises To 14-Year High
...ES, 18 July). Having achieved this mark, capacity now stands at its highest level since 2011’s 3.26mn b/d. It has increased by a substantial 470,000 b/d since its low-water mark of 2.73mn b/d in 2021 thanks to a combination of KOC gains and gradual increases from the PNZ following its restart in 20...
Volume: 68Issue: 39Published at Fri, 26 Sep 2025 -
Egypt Water Security Concerns Rise As Ethiopia Inaugurates Nile Dam
...hiopia began work on the $5bn megaproject in 2011. It hopes that the 5.15GW hydroelectric dam will supply power to the 65 million (over 50% of the population) who currently lack access to any form of electricity. It will double the country’s electricity generation capacity and turn Ethiopia into Africa’s la...
Volume: 68Issue: 37Published at Fri, 12 Sep 2025 -
Cyprus, Egypt Discuss LNG Exports From 2027
...prus and Exxon in April in Houston touched on development options for the US firm’s discoveries utilizing potential “synergies with companies that operate neighboring fields” (MEES, 18 April). In stark contrast to Cronos, Aphrodite was discovered nearly 14 years ago in December 2011, but following nu...
Volume: 68Issue: 37Published at Fri, 12 Sep 2025 -
Aphrodite Advancing
...wMed estimates first gas at Aphrodite for 2031, a date which has irked Cypriot authorities who believe the field, discovered in 2011, could be developed sooner. NewMed and Chevron are also partners in Leviathan, where the Israeli company has a 45.34% stake. Chevron’s Mr Nelson also hinted that th...
Volume: 68Issue: 32Published at Fri, 08 Aug 2025 -
Eni, BP Sign Egypt Deal Ahead of Exploration Drilling
...at the exploration well Eni and BP are planning will be in the Denise development lease and has been on the cards for some time. The well will be drilled before the end of the year. Output from the Temsah concession peaked at more than 1bn cfd in 2011 and 2012, but dropped to just 60mn cfd in 20...
Volume: 68Issue: 32Published at Fri, 08 Aug 2025 -
Cronos: Time For Cyprus Field To Shine
...SITION Cronos looks set to become Cyprus’ first gas producing field. The Mediterranean island’s first gas discovery, the 3.5tcf Aphrodite, made in 2011 and operated by US major Chevron, has fallen behind Cronos despite an approved development plan (MEES, 21 February). Chevron is currently in the pre-FE...
Volume: 68Issue: 31Published at Fri, 01 Aug 2025 -
Syria Poised For Gas Imports, Issues Crude Export Tender
...nounced a tender last week for the sale of 500,000 barrels of heavy crude oil, which would be its first such sale in more than a decade. Sanctions and domestic requirements during the 2011-2024 civil war put paid to Syrian exports. The tender puts the crude quality between 22-24 API, and 4.2% sulfur with bi...
Volume: 68Issue: 31Published at Fri, 01 Aug 2025 -
Syria: Why Are Foreign Firms Creeping Back?
...ly up-and-comer on the crude front with plans to increase production further from 24,000 b/d at Block 26 but was forced to leave in 2011 (MEES, 18 May 2018). Whilst nobody can fault Gulfsands’ keenness to return to Syria, the swarm of activity beginning to form around Syria’s oil sector certainly me...
Volume: 68Issue: 30Published at Fri, 25 Jul 2025 -
Rosneft Re-Elects Al-Sada Chairman
...In a 21 July update after its annual shareholders meeting, Russian state firm Rosneft announced it had re-elected former Qatari energy minister Muhammad al-Sada as chairman. Mr Sada was first elected chairman in June 2023 after serving as Qatar’s energy minister between 2011 and 2018. Top of hi...
Volume: 68Issue: 30Published at Fri, 25 Jul 2025 -
Syria Signs Socar Gas MoU, While Israel Launches Airstrikes
...24). Restoring Syria’s electricity sector, which provided 24/7 service before the outbreak of civil war in 2011 but now manages just a few hours a day in many regions, is a key pillar of the new government’s social contract with the population. Turkey is certainly playing its part in helping the new le...
Volume: 68Issue: 29Published at Fri, 18 Jul 2025 -
BP Sets Sights On Expanded Libya Operations With New MoU
...ngtime ruler Muammar Gaddafi started just as BP was preparing to drill its first well in February 2011, and drilling only started in October (MEES, 1 November 2024). The start of that Eni-led drilling campaign, coupled with this week’s MoU points to Libya potentially emerging as an important co...
Volume: 68Issue: 28Published at Fri, 11 Jul 2025