1. Eni Discovers 1tcf Offshore Libya

    ...t to reach a depth of up to 4,500 meters (15,000 feet) once drilling is completed. Block 38 falls within the giant offshore ‘Area C’, awarded to BP in a landmark 2007 deal (MEES, 4 June 2007). After development plans were disrupted by the 2011 revolution and the ensuing instability, Eni took ov...

    Volume: 69
    Issue: 12
    Published at Fri, 20 Mar 2026
  2. IOCs Bullish On Libyan Outlook As Security Situation Improves

    ...rst post-revolution licensing round, awarding five of 20 oil and gas exploration and development blocks (MEES, 13 February). The licensing round success is the latest indicator that Libya's oil sector is getting back on its feet after years of disruption following the 2011 revolution. IOCs that re...

    Volume: 69
    Issue: 09
    Published at Fri, 27 Feb 2026
  3. TotalEnergies MENA Portfolio: Building On Growth

    ...fshore exploration alongside QatarEnergies (see p6). The two are already partners in neighboring Lebanon’s offshore, while TotalEnergies was a major player in Syria prior to the outbreak of civil war in 2011; its net-Syrian output that year was a sizeable 53,000 boe/d of primarily gas (218mn cfd) al...

    Volume: 69
    Issue: 07
    Published at Fri, 13 Feb 2026
  4. Libya Takes ‘Pivotal Step’ With First Deepwater Well

    ...adames Basin (see map & MEES, 4 June 2007). The UK major pledged to spend $900mn drilling 17 wells at the assets, but the plans were disrupted by the 2011 revolution and the ensuing instability. Eni has since taken over as operator of the consortium with each firm holding 42.5%. As a deepwater wi...

    Volume: 69
    Issue: 04
    Published at Fri, 23 Jan 2026
  5. Cronos To Bolster Egypt’s Gas Hub Ambitions

    ...oducing field, with Eni seemingly overtaking the Chevron operated (35%) 3.5tcf Aphrodite field. Aphrodite was discovered in 2011, but first gas isn’t expected until 2031, twenty years later (MEES, 8 August 2025). While a finalized development plan for Cronos has yet to be agreed with Nicosia, MEES un...

    Volume: 69
    Issue: 03
    Published at Fri, 16 Jan 2026