Category: Operations

Libya’s oil blockade is entering its 7th month

Libya’s oil blockade is entering its 7th month and the war-torn country’s oil output is hovering at just 100,000 b/d instead of the pre-crisis 1.2 million b/d....

Cyprus new energy era

Cyprus dependency on oil will be reduced after a €374 million project introduces natural gas, In the longer term, the gas-fired Vasilikos power plant will play a key...

Eni’s natural gas production declined by 10.8% in Libya

Eni’s natural gas production declined 10.8% during the second quarter, on the back of lower output in Libya and the impact of lower gas demand in certain areas. The...

Turkey conducting seismic surveys south Greek island

Turkey’s research vessel, Oruc Reis, will be conducting seismic surveys until August 2nd. The Greek military has been placed on high alert, following Turkey’s move...

Turkey to start new exploration inside EEZ Cyprus on July 18

Turkey on Wednesday issued a new maritime notice for exploration inside Cyprus’ exclusive economic zone, starting on July 18. It covers the area southwest of the...

Libya’s oil production to resume after lifting force majeure

Tripoli, July 10, 2020 – The Libyan National Oil Company announced Friday the resumption of oil production and exports after a nearly six-month shutdown due to...

Reliance and bp launch ‘Jio-bp’ partnership

bp and Reliance Industries Limited (RIL) today announced the start of their new Indian fuels and mobility joint venture, Reliance BP Mobility Limited (RBML). Following...

Kuwait restart production from Wafra and Khafji oil fields

Kuwait restart production from Wafra and Khafji oil fields Saudi Arabia and Kuwait restart production from the Neutral Zone Wafra and Khafji oil fields have a collective...

ِEni is planning to drill Nidoco NW-1 DIR in Great Nooros Area

In June 2016, Baltim South West was discovered, with BP and operator Eni both having a 50 percent interest. It is located 10km north of the Nooros field, in the...

TransGlobe Energy Egypt: Announces Operations Update

Despite restrictions on travel, constructive negotiations with EGPC to amend, extend, and consolidate the Company’s Eastern Desert concession agreements have continued...