Tungsten Explorer moved from Beirut to Larnaca
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Tungsten Explorer moved from Beirut to Larnaca

The Tungsten Explorer drillship anchored off the port of Larnaca on Thursday. Reports said the…

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Development of Leviathan Natural Gas Field in Israel
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Development of Leviathan Natural Gas Field in Israel

Israel’s Delek Drilling wants to refinance about $2 billion in loans it had taken to…

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Eni makes new gas discovery in Mediterranean Sea offshore Egypt
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Eni makes new gas discovery in Mediterranean Sea offshore Egypt

Eni have successfully drilled the first exploration well in the North El Hammad license, in…

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Baker Hughes to Decrease Operational Costs in Egypt
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Baker Hughes to Decrease Operational Costs in Egypt

Tameer Nasser Director and General Manager at Baker Hughes stated that the company plans to…

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Schlumberger Signs Agreements to Train Students of Four Egyptian Universities
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Schlumberger Signs Agreements to Train Students of Four Egyptian Universities

The Minister of Petroleum and Mineral Resources, Tarek El Molla, has witnessed the signing of…

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Energean completes Israeli pipeline
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Energean completes Israeli pipeline

Energean announced on Monday the completion of works laying the main pipeline linking its Karish…

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Cyprus urgently needs a revised energy strategy
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Cyprus urgently needs a revised energy strategy

AS expected, Noble Energy, the operator of Aphrodite, is putting development of the gas field…

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New Petroleum Discovery in Gulf of Suez
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New Petroleum Discovery in Gulf of Suez

The Ministry of Petroleum and Mineral Resources announced a new petroleum discovery in the shallow…

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Turkish FM calls on Israel to annul EEZ agreement with Cyprus
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Turkish FM calls on Israel to annul EEZ agreement with Cyprus

Turkish Foreign Minister Mevlut Cavusoglu called on Israel to annul its agreement with Cyprus on…

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Major oil producers are sitting on fields that will never be developed
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Major oil producers are sitting on fields that will never be developed

BP Plc’s potential $18 billion writedown underscores just how significant a turning point 2020 is becoming…

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