Regional News: Mediterranean/N. Africa
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The Evaluation Process to Explore Western Katakolon Comes to a Close
Monday, March 10, 2014 Hellenic Hydrocarbons Management Committee completes its work regarding the evaluation of the bids for the exploration and exploitation of hydrocarbons for the Katakolon Block.
North Korea-Flagged Ship Finishes Loading Oil at Libya Rebel Port
Monday, March 10, 2014 A North Korean-flagged tanker loads up with crude oil at the Libyan rebel-held port of Es Sider, with the Libyan government threatening to bomb the ship.
Chad Oil Drilling Workers Start Three-Day Strike over Pay
Sunday, March 09, 2014 1,600 workers in Chad's oil exploration sector begin a three-day strike.
Libyan Premier Underscores Importance of Eni
Friday, March 07, 2014 Libya's prime minister confirms the importance of Italian oil and gas group Eni to the country.
IPR Make Offshore Egypt Find
Friday, March 07, 2014 IPR announces the discovery of its first drilled well (SWGEZ-5) in its Southwest Gebel El Zeit concession, located offshore Gulf of Suez.
BP Shelves Onshore Exploration In Libya As Instability Grows
Thursday, March 06, 2014 BP says it mothballed plans to explore in Libya's Ghadames basin because of security concerns, the latest in a series of companies to rethink their projects amid growing instability.
Egypt Tries Harder To Stop Energy Firm Exodus
Thursday, March 06, 2014 Egypt is enhancing exploration terms and striving to repay nearly $5B it owes to foreign oil and gas producers as it struggles to prevent them fleeing to more promising prospects elsewhere in Africa.
Atwood Achiever Gets Assignment for 2 Wells in Mazagan Permit off Morocco
Tuesday, March 04, 2014 Pura Vida reports that the Atwood Achiever drillship has been contracted to drill two wells in the Mazagan permit offshore Morocco in 2015.
Foum Assaka Well Confirmed to Spud in March
Monday, February 24, 2014 Kosmos Energy confirms that its FA-1 well on the Foum Assaka license area offshore Morocco will spud in March.
China Looking At Role In Cyprus Natural Gas Plans
Tuesday, February 18, 2014 China is looking at playing a role in Cyprus' multi-billion-dollar plans to develop the island's natural gas reserves, including possible investment in a LNG export terminal.
Libya Oil Output Falls to 375,000 Bopd, Protest Affects El Sharara Pipeline
Tuesday, February 18, 2014 Libya's oil output falls to 375,000 barrels per day amid continuing protests that are affecting a pipeline from the El Sharara field.
MOG and Leni Go to Court over Malta Deals
Monday, February 17, 2014 Mediterranean Oil & Gas and Leni Gas & Oil are to meet in the High Court in London over deals made in the summer of 2012 concerning the Area 4 PSC offshore Malta.
NOC: Libya's Oil Output Falls to 390,000 Bopd Due to Protests in West
Sunday, February 16, 2014 Libya's oil production falls by 70,000 barrels per day in a week as protests block flows from the El Sharara oilfield.
Petroceltic Agrees Sale of Isarene PSC to Algeria's Sonatrach
Thursday, February 13, 2014 Petroceltic International agrees to sell an 18.4% interest in the Isarene production sharing contract onshore Algeria to Sonatrach for up to $180 million.
Fastnet Gains Approval to Extend Foum Assaka Agreement
Wednesday, February 12, 2014 Fastnet Oil & Gas reports that it has received government approval to enter the First Extension Period of the Foum Assaka Petroleum Agreement, offshore Morocco.
BP Returns Some Staff to Algeria After Attack
Tuesday, February 11, 2014 BP returns staff to Algeria but says more security arrangements would need to be completed before it sends expatriates back to the In Amenas plant, which was attacked by terrorists in January 2013.