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Libya Unrest, BP stop Exploration more Oil Companies and Industry Fallout
Oil companies, including Italy’s Eni, Royal Dutch Shell PLC, U.K.-based BP and Germany’s Wintershall, a subsidiary of BASF, were evacuating their expat workers or their families or both. BP and Wintershall said they were temporarily suspending operations; Eni said production continued normally. Libya is one of the world’s biggest oil producers and has the largest [...]
Monday, February 21st, 2011Lebanon Natural Gas exploration 2012
Natural gas, Lebanon’s energy minister said his country plans to outline its maritime sea borders and auction off rights to explore potential offshore natural gas and petrol reserves by 2012. “Now that the law on the exploration of offshore oil and gas reserves has been passed by parliament, we expect to begin the licensing process [...]
Monday, August 30th, 2010ADX Energy Limited announce mobilisation Atwood Southern Cross to Lambouka-1
The Energy news, ADX Energy Ltd (ASX: ADX.AX) (PINK:ADXRF) is pleased to announce that it has commenced the mobilisation of the Atwood Southern Cross semi submersible drilling rig to the Lambouka-1 location on the Kerkouane exploration license offshore Tunisia. Whilst the exact duration of the rig tow is weather dependant, it is estimated that the [...]
Friday, June 18th, 2010