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2018-02-12 07:05:00

LEBANON OFFSHORE DRILLING

БУРЕНИЕ НА ШЕЛЬФЕ ЛИВАНА

NOVATEK - Total and Eni signed exploration and production agreements (Agreements) with the Government of Lebanon to explore and produce hydrocarbons on the offshore blocks 4 and 9 in the Eastern part of the Mediterranean Sea. NOVATEK's participating interest in the Agreements is 20%, Total and Eni both hold 40% stakes, with Total appointed as the Operator.

Note

In October 2017, NOVATEK jointly with Total and Eni submitted a bid for the two offshore blocks in Lebanon. In December 2017, the Government of Lebanon resolved to award the blocks 4 and 9 to the bidders as the result of the first International Competitive Offshore Licensing Round and resolved on concluding the exploration and production agreements.

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Earlier:

 ROSNEFT EXPANSION
2017, April, 3, 18:50:00

ROSNEFT EXPANSION

The world’s largest listed oil company by output has spent the past four months trumpeting agreements to buy oil from Egypt, Libya and Iraqi Kurdistan, drilling exploration wells in southern Iraq and considering opportunities in Lebanon, as it chases deals to fuel its fledgling international expansion.

 

 SAUDI'S REALITY
2016, May, 15, 11:05:00

SAUDI'S REALITY

Saudi Arabia is going through one of the most difficult periods in its modern history. Oil prices have dropped from a July 2014 high of $115 per barrel to less than $30 per barrel in January this year. The country is surrounded by failed states: Iraq, Libya, Yemen, Syria and, arguably, Lebanon. It has a demographic bulge of ambitious, but exceedingly frustrated, young men and women whose expectations differ dramatically from those of their parents. And it faces an emboldened Iran eager to interfere in the affairs of Arab countries, and with the financial wherewithal to do so, via proxy armed militia.

 

 VARIOUS CONFLICTS, ONE WAR
2014, May, 28, 18:15:00

VARIOUS CONFLICTS, ONE WAR

The crises in Syria, Iraq and Lebanon are merging into a single sectarian war

 

 
 
 
 
Tags: LEBANON, TOTAL, ENI, NOVATEK, НОВАТЭК, ЛИВАН

Chronicle:

БУРЕНИЕ НА ШЕЛЬФЕ ЛИВАНА
2018, July, 16, 10:35:00

CHINA'S INVESTMENT FOR NIGERIA: $14+3 BLN

AN - China National Offshore Oil Corp. (CNOOC) is willing to invest $3 billion in its existing oil and gas operation in Nigeria, the Nigerian National Petroleum Corporation (NNPC) said on Sunday following a meeting with the Chinese in Abuja.

БУРЕНИЕ НА ШЕЛЬФЕ ЛИВАНА
2018, July, 16, 10:30:00

LIBYA'S OIL DOWN 160 TBD

REUTERS - Production at Libya’s giant Sharara oil field was expected to fall by at least 160,000 barrels per day (bpd) on Saturday after two staff were abducted in an attack by an unknown group, the National Oil Corporation (NOC) said.

БУРЕНИЕ НА ШЕЛЬФЕ ЛИВАНА
2018, July, 16, 10:25:00

BAHRAIN'S GDP UP 3.2%

IMF - Output grew by 3.8 percent in 2017, underpinned by a resilient non-hydrocarbon sector, with robust implementation of GCC-funded projects as well as strong activity in the financial, hospitality, and education sectors. The banking system remains stable with large capital buffers. Growth is projected to decelerate over the medium term.

БУРЕНИЕ НА ШЕЛЬФЕ ЛИВАНА
2018, July, 16, 10:20:00

NIGERIA'S GDP UP 2%

IMF - Higher oil prices and short-term portfolio inflows have provided relief from external and fiscal pressures but the recovery remains challenging. Inflation declined to its lowest level in more than two years. Real GDP expanded by 2 percent in the first quarter of 2018 compared to the first quarter of last year. However, activity in the non-oil non-agricultural sector remains weak as lower purchasing power weighs on consumer demand and as credit risk continues to limit bank lending.

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