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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: 69Issue: 12Published at Fri, 20 Mar 2026 -
Libya: Mabruk Oil Field Hits 25,000 b/d
...st few years, with oil output finally hitting a record 1.374mn b/d for 2025, the highest figure in 15 years (MEES, 2 January). This comes as IOCs have ramped up drilling activities for the first time since the 2011 revolution, with existing partners reporting stronger performance and a positive ou...
Volume: 69Issue: 10Published at Fri, 06 Mar 2026 -
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: 69Issue: 09Published at Fri, 27 Feb 2026 -
Oman Lays Out Plan For 30% Renewables By 2030
...gure closer to 9.2bcm more likely. MEES estimates indicate that gas consumption will peak at around 10bcm in 2027, before dropping by more than 30% to less than 7bcm by 2030, which would make it the lowest since 2011 (see chart 4). Achieving this decline will require a significant improvement in...
Volume: 69Issue: 09Published at Fri, 27 Feb 2026 -
Libya Officials Hail ‘Successful’ Bid Round, As Chevron Returns
...illing campaign in Libya since the 2011 revolution (MEES, 1 November 2024), and announced a new 4,200 b/d oil discovery a year later (MEES, 31 October 2025). “Chevron is excited to enter Libya with the award of onshore Contract Area 106, which underscores our focus on North Africa and the Eastern Me...
Volume: 69Issue: 07Published at Fri, 13 Feb 2026 -
Syria’s SPC Courts IOCs As Re-engagement Accelerates
...west producer next year (MEES, 6 February). Regional experience suggests success is far from guaranteed: Lebanon’s two offshore wells to date have flopped, while Cyprus has yet to bring gas onstream despite discovering Aphrodite 15 years ago in 2011. Speaking to MEES on the sidelines of IE Week, Mr Qa...
Volume: 69Issue: 07Published at Fri, 13 Feb 2026 -
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: 69Issue: 07Published at Fri, 13 Feb 2026 -
Chevron Very Excited By East Med Potential
...ES, 23 January). Israeli firm NewMed Energy, Chevron’s partner at both Aphrodite and Leviathan, estimates first gas from the Cypriot field in 2031. Despite being discovered in December 2011, Aphrodite is no longer in line to be the first Cypriot gas field to be developed. That accolade looks set to...
Volume: 69Issue: 06Published at Fri, 06 Feb 2026 -
Will Trump’s Mediation Finally Resolve The Egypt-Ethiopia Dam Dispute?
...naissance Dam (GERD) (MEES, 12 September 2025), US President Donald Trump has waded back into the 15-year dispute over Nile water security, offering to mediate between Ethiopia and the downstream states of Egypt and Sudan. Ethiopia broke ground on the $5bn megaproject in 2011, while Egypt was busy qu...
Volume: 69Issue: 05Published at Fri, 30 Jan 2026 -
Trump Intervention Throws Iraqi Politics Into Disarray
...d then supported his crackdown on Shia militias during his first term in office. But after the US military withdrawal in 2011 he drew closer to Iran, while the rise of the Islamic State during his second term further tarnished his reputation in Washington. While Iraq’s Sunnis publicly opposed a Ma...
Volume: 69Issue: 05Published at Fri, 30 Jan 2026 -
Syria Boosts Domestic Gas Supplies
...mand, and Syria has also signed agreements to import pipeline gas from neighboring states (see p12). SPC has also now started trucking crude oil from the Jebissa and Deir Ezzor’s Omar and Tanak fields to the Homs and Banias refineries. Prior to the start of Syria’s civil war in 2011, the fields were pa...
Volume: 69Issue: 05Published at Fri, 30 Jan 2026 -
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: 69Issue: 04Published at Fri, 23 Jan 2026 -
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: 69Issue: 03Published at Fri, 16 Jan 2026 -
Opec+ In 2025: Navigating A Year Of Turbulence And Growth
...AR? Venezuela and Iran are not the only Opec members dealing with significant risks. Libya has struggled with huge political instability in the decade and a half following its 2011 civil war. With the country divided between two governments in the West and East, tensions between warring factions has of...
Volume: 69Issue: 02Published at Fri, 09 Jan 2026 -
Libya Achieves 15-Year High Oil Output In 2025
...25, a 19.4% increase year-on-year and the highest annual figure since the country’s 2011 revolution (see chart). “This clearly indicates the impressive success of NOC’s strategy to increase crude production,” the state firm said in a statement on 1 January. RECORD HIGHS The ou...
Volume: 69Issue: 01Published at Fri, 02 Jan 2026