Regional News: Mediterranean/N. Africa
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ICON Clinches Contract for Halk el Menzel Field in the Gulf of Hammamet
Wednesday, December 11, 2013 ICON Engineering clinched a wellhead platform design and installation contract for the Halk el Menzel field in the Gulf of Hammamet, Tunisia.
Libya's Oil Security Force Expects Eastern Ports to Reopen Sunday
Wednesday, December 11, 2013 Libya's oil security force expects an eastern autonomy movement to reopen seized export ports this weekend.
East Libya Autonomy Movement Aims to Sell Oil Unless Demands Met
Tuesday, December 10, 2013 East Libyan autonomy movement plans to sell crude oil on its own if the government does not meet its demands.
Noble Energy Eyes Fresh Appraisal for Natgas off Cyprus
Monday, December 09, 2013 Noble Energy might launch a fresh appraisal of natural gas quantities in a subsea reservoir off Cyprus in 2014, according to officials.
Libya Spends Foreign Reserves To Offset Oil Losses
Wednesday, December 04, 2013 Libya's prime minister says his government is spending billions of dollars to offset the loss of revenue caused by militias who have shut down oil terminals in the country's restive east.
Egypt Woos Gulf Investors, Promises Repayments To Oil Firms
Wednesday, December 04, 2013 The Egyptian government promises to pay $1.5 billion out of the $6 billion it says it owes oil firms.
TAQA's Moroccan Unit to Launch IPO Dec. 10
Tuesday, December 03, 2013 Abu Dhabi National Energy Company gets the go-ahead to float its Moroccan power subsidiary Jorf Lasfar Energy.
Dragon Oil Successful in Bid for Exploration Block 19 in Gulf of Suez
Friday, November 29, 2013 Dragon Oil receives notification that its bid for offshore exploration Block 19 in the Gulf of Suez, Egypt has been accepted.
Israel's Delek Finds New Gas Near Tamar
Tuesday, November 26, 2013 An exploration group drilling off Israel's Mediterranean shore says they found significant signs of a new natural gas deposit near to where huge reserves have been discovered in recent years.
NOC: Libya's Mellitah Port Restarts Oil Exports, Oilfield to Ramp Up
Tuesday, November 19, 2013 Operations at Libya's Mellitah oil terminal return to normal, with the El Feel field that supplies the port to ramp up production from Wednesday.
CFO: OMV Production In Libya Still Interrupted
Tuesday, November 19, 2013 OMV's production in Libya continues to be interrupted by security problems, finance chief David Davies says.
Fastnet Edges Closer to Foum Assaka Farm-out
Thursday, November 14, 2013 Fastnet Oil & Gas says it has selected a preferred bidder for a forthcoming farm-out of its interest in the Foum Assaka license area, offshore Morocco.
Minister: Libya Has Lost $6 Billion From Oil Protests
Thursday, November 14, 2013 Libya has lost some $6 billion due to protests at ports and oil fields that have reduced the North African country's crude exports to a trickle, its economy minister says.
Fastnet Says Moroccan Onshore Structure Holds 311 BCF
Tuesday, November 12, 2013 Fastnet Oil and Gas says that an independent assessment of its Tendrara Lakbir structure, onshore Morocco, likely holds 311 billion cubic feet of gas.