Turkey reignites threats in wake of Greece-Egypt EEZ deal
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Turkey reignites threats in wake of Greece-Egypt EEZ deal

Following intervention by Germany’s Chancellor, Angela Merkel, President Erdogan agreed to ‘pause’ activities to carry out offshore surveys south of Kastellorizo in order to enable dialogue with Greece…

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Egypt: New Gas Discovery of North Hammad
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Egypt: New Gas Discovery of North Hammad

The Minister of Petroleum and Mineral Resources, Tarek El Molla, announced that the new discovery of North Hammad concession in Delta is going to initially produce natural gas…

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Chevron Acquisition of Noble Energy and its Implications on the East Med
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Chevron Acquisition of Noble Energy and its Implications on the East Med

The US Oil Major Chevron made a smart move, announcing the acquisition of Nobel Energy in an all-stock deal valued at US$5 billion. Under the terms of the agreement,…

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Chevron buys Noble Energy in biggest U.S. energy deal since oil crash
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Chevron buys Noble Energy in biggest U.S. energy deal since oil crash

The oil giant Chevron Corp. said on Monday it would buy Noble Energy Inc in a $5 billion all-stock deal, bolstering its shale presence as a plunge in…

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Lack of transparency in Schlumberger Activities in Lebanon
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Lack of transparency in Schlumberger Activities in Lebanon

The Lebanese Council of Ministers awarded on July 14th a study to the company Schlumberger in order to estimate the quantity of hydrocarbon in the Lebanese onshore and…

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Egypt pushes compressed natural gas in clean car drive
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Egypt pushes compressed natural gas in clean car drive

Egypt’s President Abdel Fattah el Sisi has said all new cars sold in the country will have to run on compressed natural gas (CNG) before they are issued…

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Egypt bags all five Supermajors with key West Mediterranean awards
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Egypt bags all five Supermajors with key West Mediterranean awards

Full House: Latest Awards Mean All Five Supermajors Have Signed Up For Egypt’s Virgin West Med Acreage Global exploration pullback? Not in Egypt with Chevron, Shell, Total and…

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Egypt’s House of Representatives approves 12 Oil & Gas E&P Agreements
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Egypt’s House of Representatives approves 12 Oil & Gas E&P Agreements

The Egyptian oil minister, Tarek el Molla, has announced the signing of 12 agreements with international companies for the search for oil and gas in the Red Sea,…

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Expected gas revenues for Lebanon
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Expected gas revenues for Lebanon

It has long been clear to many experts and observers that Lebanon’s deep fiscal problems will not be solved by the nascent oil and gas sector. Now, there…

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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 vessel will be hot stacked off Cyprus for the next few months, reversing…

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