News
April 05, 2017
DOHA -- Qatar Petroleum and Exxon Mobil signed an exploration and production sharing contract with the government of the Republic of Cyprus for offshore Block 10.
News
March 31, 2017
Energean Oil & Gas has announced that it has agreed to farm out a 60% interest in its Ioannina and Aitoloakarnania Blocks, onshore Western Greece, to Repsol. Repsol will also become the Operator for both blocks.
News
March 16, 2017
The Shah Deniz consortium is pleased to announce the sail away of the second jacket for the Shah Deniz Stage 2 platforms. The Quarters and Utilities (QU) platform jacket sailed away to the Shah Deniz contract area in the Caspian Sea from the Heydar Aliyev Baku Deepwater Jackets Factory (BDJF) ahead of schedule on March 15.
News
March 15, 2017
In the last portion of EMGC Day 2, options for regional gas ownership and export were discussed. Gina Cohen, gas consultant on the Eastern Mediterranean, shared her perspective on energizing regional economic, business and political relationships.
News
March 15, 2017
In the fourth session of the day, there was a focus on accelerating efforts to ramp up gas trade in the Eastern Med. Charles Ellinas, CEO of E-C Natural Hydrocarbons Co. Ltd., first spoke about the impact of global markets and prices on the Eastern Med.
News
March 15, 2017
In the second session of the morning, George Pantelides, partner and head of Consulting Services at Deloitte, next offered strategies for operators and service companies to overcome the challenges of operating in Cyprus.
News
March 15, 2017
Gulf Publishing Company's Eastern Mediterranean Gas Conference (EMGC) 2017, the world's primary event for discussing the forces shaping gas industry development in the Eastern Med, continued on March 15.
News
March 14, 2017
NICOSIA -- Sessions devoted to gas monetization options and foreign investment initiatives dominated the afternoon of the first day of Gulf Publishing Company's fourth Eastern Mediterranean Gas Conference (EMGC) 2017, March 14.
News
March 14, 2017
Stelios Nicolaides, Director of Hydrocarbons Service for the Republic of Cyprus' Ministry of Energy, Commerce, Industry and Tourism delivered welcoming remarks on behalf of George Lakkotrypis, Minister of Cyprus' Ministry of Energy, Commerce, Industry and Tourism.
News
March 14, 2017
Gulf Publishing Company's Eastern Mediterranean Gas Conference (EMGC) 2017, the fourth incarnation of the world's primary event for discussing the forces shaping gas industry development in the Eastern Mediterranean, opened on March 14.
News
March 13, 2017
Israel’s Energy Minister, Dr. Yuval Steinitz, outlined the changing regional dynamics, and his country’s emerging role as a natural gas producer and exporter, during a strategic dialogue held Wednesday at the 2017 CERAWeek conference in Houston.
News
March 07, 2017
Eni announces that has finalized a farm-in agreement with Total to acquire 50% participating interest of Block 11, offshore Cyprus.
News
March 02, 2017
Wood Group recently completed the seven-month front-end engineering design (FEED) for Noble Energy’s Leviathan Field Development Project in the Eastern Mediterranean Sea and has started the detailed engineering for the platform, including the topsides and jacket. The FEED and detail design has a total contract value of approximately $95 million.
News
February 23, 2017
The companies that own the rights to Leviathan, Israel’s largest natural gas reservoir, approved a plan to allocate $3.75 billion to develop the offshore site. Israel’s main gas equity index rose the most in almost five months.
News
February 15, 2017
Noble Energy Inc. is working with Barclays Plc on the sale of a 7.5% stake in the offshore Tamar natural gas field, according to people with knowledge of the matter.
News
February 06, 2017
Qatar Petroleum is exploring for oil and gas in Cyprus and Morocco as part of a strategy to expand the tiny Gulf emirate’s global energy investments.
News
February 01, 2017
Zion Oil & Gas' vision is to help ensure Israel's political and economic independence by finding and producing oil or natural gas onshore in Israel.
News
January 27, 2017
Lebanon wants to auction energy rights to areas in the Mediterranean Sea contested by neighboring Israel and will invite more companies to qualify for bidding next month.
News
January 16, 2017
From the rivers criss-crossing eastern Europe to the Mediterranean ports of Greece and France, everyone is hunting for energy supplies.
News
January 12, 2017
Driven by the success of Eni’s major Zohr field gas discovery offshore Egypt in 2015, companies are rethinking the Eastern Mediterranean region’s gas potential, according to new analysis from IHS Markit.
News
January 11, 2017
Energean Oil & Gas outlined initial details for the development of the Karish and Tanin natural gas fields. At a press conference in Tel Aviv, Energean management announced that the two fields will be developed using a floating production, storage and offloading (FPSO) unit to facilitate the quickest route to producing first gas with the objectives of the government of Israel.
