With major offshore reserves, Israel could meet its own energy demands and even export LNG. However, political challenges in the region with Lebanon and Gaza remain.

Equatorial Guinea is today the third-largest oil producer in the region after Nigeria and Angola.

Several companies are bullish on Iraqi Kurdistan, but they’ll have to get past Baghdad first.

Headlines have been proclaiming a massive surge in new jobs in the North Sea, driven by demand from recently approved projects -- but is it a true picture?

New discoveries and pipelines in two inland African countries bring promise of more production and a chance to export crude into international markets.

The offshore oil and gas drilling business has seen significant changes due to new successes, sustained high product prices for crude oil, increased regulations, an influx of new offshore rigs, and the development of an expanded drilling contractor community, according to Duncan Weir of Weir International.