Iran’s Revolutionary Guard begins ground forces drill near Iraqi border

In recent months, Iran has increased its military drills as the country tries to pressure President Joe Biden over the nuclear accord. (Sepah News/AFP)
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Updated 11 February 2021
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Iran’s Revolutionary Guard begins ground forces drill near Iraqi border

  • Iran has increased its military drills as the country tries to pressure President Joe Biden over the nuclear accord

TEHRAN: Iran’s paramilitary Revolutionary Guard Thursday began a ground forces drill near Iraqi border, state TV reported.
The report said the annual exercise dubbed the “great prophet” is ongoing in southwest of the country and has aimed at readiness and assessment of forces.
Drones, helicopters will be used in the drill, too.
In recent months, Iran has increased its military drills as the country tries to pressure President Joe Biden over the nuclear accord, which he has said America could reenter.
In January the Guard conducted a drill and launched anti-warship ballistic missiles at a simulated target in the Indian Ocean.
A week before that, Iran’s navy fired cruise missiles as part of a naval drill in the Gulf of Oman, state media reported, under surveillance of what appeared to be a US nuclear submarine. That came after speedboats parade in the Arabian Gulf and a massive drone exercise across the country.
Trump in 2018 unilaterally withdrew the US from Iran’s nuclear deal, in which Tehran had agreed to limit its uranium enrichment in exchange for the lifting of economic sanctions.
When the US then increased sanctions, Iran gradually and publicly abandoned the deal’s limits on its nuclear development.


Libya to sign 25-year oil deal with TotalEnergies and ConocoPhillips

Updated 7 sec ago
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Libya to sign 25-year oil deal with TotalEnergies and ConocoPhillips

  • Signed through Waha Oil Company, the deal is aimed at boosting production capacity
  • The company’s daily output typically ranges between 340,000 and 400,000 bpd

TRIPOLI: Libya will sign a 25-year oil development agreement on Saturday with France’s TotalEnergies and US-based ConocoPhillips, involving more than $20 billion in foreign-financed investment, Prime Minister Abdulhamid Al-Dbeibah said.
Signed through Waha Oil Company, the deal is aimed at boosting production capacity by up to 850,000 barrels per day (bpd) and is expected to generate ‌net revenues ‌of more than $376 billion, ‌Dbeibah ⁠said in a ‌post on X.
A Waha source said the company’s daily output typically ranges between 340,000 and 400,000 bpd under normal operations.
Waha, a subsidiary of Libya’s state-run National Oil Corporation, operates five main oil and gas ⁠fields as well as several producing subfields, connected by ‌pipeline networks that transport crude ‍to the Sidra ‍oil terminal and gas to processing facilities.
Dbeibah ‍said Libya will also sign a memorandum of understanding with US oil major Chevron and a cooperation agreement with Egypt’s oil ministry.
The deals are set to be signed during the Libya Energy and Economy Summit being ⁠held in Tripoli.
The agreements reflect “the strengthening of Libya’s relations with its largest and most influential international partners in the global energy sector,” Dbeibah said.
Libya is one of Africa’s biggest oil producers, but output has been disrupted repeatedly in the chaotic decade since 2014, when the country split between rival authorities in the east and west ‌following an uprising that toppled Muammar Qaddafi.