énergie 2

El Mediouni Well, Mahdia Oilfield: Circle Oil’s «Phenomenal» Discovery

As per Ridha Bouzouada’s claim that Circle Oil had justified reporting an important discovery as «nothing but a simulation based on drilling work,» L’Economiste Maghrébin has asked whether or not the Irish oil company might not have contrived the results of its drill findings to boost its numbers on the London Stock Exchange. Affiliated Tunisian institions and, by extension, Tunisian media, generally sparing in their (public) treatment of issues concerning foreign investment in the energies and hydrocarbon sectors, may in this case be spudding a more valuable “pontential large discovery” than that which has been so vastly and insouciantly associated with Circle Oil’s operations in Tunisian oilfields.

A ‘Win-Win’ Investment – OMV and ETAP Gazoduc-Nawara Project

In light of the implication of the Tunisian Ministry of Industry, Energy, and Mines and the Tunisian National Oil Company in the mismanagement of natural resources, the notorious association of oil companies worldwide for politicization and economic corruption, and the immensity of intended exploration and production activities in the south of the country, the Gazoduc-Nawara project demands public attention.