1. Syria Accelerates Its Upstream Ambitions

    ...banon unilaterally claimed its EEZ in a letter to the United Nations in 2011, but Syria – not a signatory to the United Nations Convention on the Law of the Sea (UNCLOS) – rejected this in 2014. Last month, Lebanon’s cabinet finally approved its maritime border with Cyprus, 18 years after Beirut and Ni...

    Volume: 68
    Issue: 47
    Published at Fri, 21 Nov 2025
  2. 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: 68
    Issue: 43
    Published at Fri, 24 Oct 2025
  3. 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: 68
    Issue: 39
    Published at Fri, 26 Sep 2025
  4. 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: 68
    Issue: 37
    Published at Fri, 12 Sep 2025
  5. 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: 68
    Issue: 28
    Published at Fri, 11 Jul 2025