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Libya Instability Returns With Zawiya Force Majeure
...ssible to end these clashes and keep oil facilities out of the conflict zone, regardless of the causes or motives.” INSTABILITY RETURNS The incident is the latest episode of instability that has plagued Libya’s vital oil and gas sector in the near 14 years since the country’s 2011 re...
Volume: 67Issue: 51/52Published at Fri, 20 Dec 2024 -
Qatar Slams EU Over Rules It Says Will Halt Bilateral LNG Trade
...sitions regarding the primacy of the energy transition over energy security. Qatar’s LNG exports to Europe peaked back in 2011. But since then the emirate had faced more competition from the likes of Russia, and since 2016, the USA. Even with Qatar lifting exports to Europe in 2022, they re...
Volume: 67Issue: 50Published at Fri, 13 Dec 2024 -
Cyprus Hopes For Mega Exxon Elektra Find To Jolt Its Gas Sector To Life
...ock 3 (MEES, 16 February 2018) in a move it said was linked to defending the interests of the Turkish Cypriot community who mostly live on the northern third of the island which has been occupied by Turkey since 1974. Beyond the discovery of Aphrodite, 13 years ago in late 2011, Cyprus has seen fo...
Volume: 67Issue: 50Published at Fri, 13 Dec 2024 -
Will Iraq Be Caught In The Crossfire Of Trump’s Iran Policy?
...litary withdrawal in 2011. The already precarious balancing act facing the Iraqi government has become yet more difficult over the last year due to the involvement of Iraqi Shia militias in Iran’s coordinated ‘axis of resistance’ attacks on Israel. The US has also grown wary of Iran’s interlocking ec...
Volume: 67Issue: 47Published at Fri, 22 Nov 2024 -
Ethiopia Completes Nile Dam
...Construction of the giant Grand Ethiopian Renaissance Dam (GERD) is “100% complete,” Ethiopian Prime Minister Abiy Ahmed announced last week during a parliament session in Addis Ababa. Since 2011, the construction and filling of the GERD have strained relations between Ethiopia and do...
Volume: 67Issue: 45Published at Fri, 08 Nov 2024 -
Libya Exploration Reboot As Eni/BP & OMV Kick Off Drilling
...Libya’s upstream has got a long-awaited boost with Eni/BP and OMV both kicking off exploration campaigns on ice since the country’s 2011 revolution. With Italian PM Georgia Meloni in town, Eni may be set to sign the controversial NC-7 deal. Eni and BP, as well as Austria’s OMV, have ki...
Volume: 67Issue: 44Published at Fri, 01 Nov 2024 -
Oman To Offer New Blocks
...offer. The ministry did not respond to MEES questions for further details. Block 18 was last operated by India’s Reliance Industries which abandoned it in 2011 after a failed drilling campaign (MEES, 9 November 2012). ...
Volume: 67Issue: 40Published at Fri, 04 Oct 2024 -
Eni & BP Set To Kick Off Libya Exploration Drilling Campaign
...Tony Blair (MEES, 4 June 2007). BP pledged to invest $900mn drilling 17 wells. Following several false starts, it was about to drill its first well in February 2011 when the revolution that saw the ouster of Gaddafi kicked off. Though the UK major did dust off plans in 2012 amid a brief period of...
Volume: 67Issue: 39Published at Fri, 27 Sep 2024 -
Libya Instability Back With A Vengeance With Half Output Shut In
...untry in fear for their lives. Mr Kabir had, at least until recently, been a well-respected and long-standing governor: almost uniquely among Libyan officials the veteran had been in the post for the whole of Libya’s post-revolutionary period, since 2011. When Mr Kabir’s position came under threat ea...
Volume: 67Issue: 35Published at Fri, 30 Aug 2024 -
Libya Expects Breakthrough Decision On Frozen Assets By End-2024
...hmoud Hassan expecting the sign-off by the end of 2024. The UNSC in October extended the mandate of the Panel of Experts – tasked with implementing Libya sanctions including the asset freeze since 2011 – until 15 February 2025, with the intent to provide the Council with a final report “no later th...
Volume: 67Issue: 32Published at Fri, 09 Aug 2024 -
Cairo Wary But Silent As Ethiopia Fills Contentious Dam
...ates.” Instead, Egypt proposed the replacement of the article with “…not to adversely affect the water security and current uses and rights of any other Nile Basin state.” While six countries (Ethiopia, Burundi, Rwanda, Tanzania, Uganda, and Kenya) did sign the CFA between 2010 and 2011, Kenya’s pa...
Volume: 67Issue: 30Published at Fri, 26 Jul 2024 -
Libya-Italy Gas Slump
...te, 2024 is on pace for the lowest full-year figure since the start-up of the 8bcm/y (around 775mn cfd)-capacity Greenstream pipeline in 2004, lower than 2023’s 12-year low of 244mn cfd (MEES, 8 March) and the 215mn cfd seen in 2011 when Libya was wracked by revolutionary instability. In a de...
Volume: 67Issue: 30Published at Fri, 26 Jul 2024 -
Kuwait: Former PM Appointed New Crown Prince
...reign minister (2011-2019). He is the first crown prince to have been appointed after previously serving as prime minister, with the two positions having been joined until 2003. The separation of the posts of prime minister and crown prince has often been blamed for encouraging opposition MPs to ch...
Volume: 67Issue: 23Published at Fri, 07 Jun 2024 -
Iraq: China’s Jereh Inks Mansuriya Contract
...pex is pegged at $992mn for the first three years of the contract. The signing is intended to turn a page on the long-delayed development of Mansuriya. Originally awarded in 2011 to a consortium led by Turkey’s TPAO, Baghdad relinquished the license after commercial terms disagreements following th...
Volume: 67Issue: 21Published at Fri, 24 May 2024 -
Kuwait’s Emir Suspends Parliament;Can He Quell Tumultuous Divisions?
...position figures, including former MPs who were involved in the 2011 storming of parliament, in addition to those jailed or stripped of citizenship for state-security and terrorism-related charges. On 10 May, he doubled down saying “those who were convicted of treason were set free…I will never allow this to...
Volume: 67Issue: 20Published at Fri, 17 May 2024 -
Egypt’s New Capital In Spotlight As Spending Priorities Shift
...oject. In 2011, millions of Egyptians occupied the streets of Cairo and its iconic Tahrir square, with mass marches reaching the presidential palace and eventually forcing then-president Hosni Mubarak to resign. With Sisi having taken power in 2013 following a period of Islamist-flavored quasi-democracy, hi...
Volume: 67Issue: 20Published at Fri, 17 May 2024 -
UAE-Oman Relations: Brotherly Love Or Sibling Rivalry?
...jor diplomatic spats have been few: the only high-level incidents in recent years are Oman’s claims to have broken up Emirati-backed spy rings in 2011 and in 2019; claims which Abu Dhabi denies. Where the countries have more often clashed is in their very different approaches to regional foreign po...
Volume: 67Issue: 20Published at Fri, 17 May 2024 -
Aphrodite On The Rocks? Cyprus’ First Gas Find Faces Uncertain Future
...ay hardball with the partners of the country’s first gas discovery, 3.5tcf Aphrodite, made back in 2011. On 30 April, Nicosia informed the field’s partners, Chevron (35%op), Shell (35%) and Israel’s NewMed (30%), that their latest proposed revisions the field’s 2019 development plan, submitted on 28 Ma...
Volume: 67Issue: 18Published at Fri, 03 May 2024 -
Kuwait Aims To Award Solar Project By Year End
...cilities at Shagaya. The outgoing minister previously headed up the facility from its inception in 2011. RENEWABLES: 30% BY 2030? Mr Hajraf told the WEF that “we just updated our strategy from a 15% renewables share by 2030 to 30% by 2030.” According to Kuwait’s definition, this entails re...
Volume: 67Issue: 18Published at Fri, 03 May 2024 -
Iraq Approves Mansuriya Gas Award
...riod. Mansuriya was originally awarded in 2011 to a consortium led by Turkey’s TPAO. Development was halted following attacks by the Islamic State across the province in 2014. Disagreement on commercial terms subsequently pushed Baghdad to take over the field in 2018 (MEES, 3 August 2018). Chinese state fi...
Volume: 67Issue: 18Published at Fri, 03 May 2024