Eastern Mediterranean Countries to Form Regional Gas Market
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Eastern Mediterranean Countries to Form Regional Gas Market

Eastern Mediterranean countries meeting in Cairo agreed to set up a forum to create a regional gas market, cut infrastructure costs and offer competitive prices, Egypt’s Petroleum Ministry…

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Cyprus Exxon’s drilling: all outcomes are possible
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Cyprus Exxon’s drilling: all outcomes are possible

THE GOOD news early in 2019 is that drilling of Delphine in block 10 has been completed, as planned. And as expected, and despite the continuous aggressive rhetoric,…

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Egypt in talks with Union Fenosa Gas over Damietta LNG arbitration claim
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Egypt in talks with Union Fenosa Gas over Damietta LNG arbitration claim

Egypt is in talks with Spanish-Italian JV Union Fenosa Gas (UGS) in a bid to have the European outfit drop its arbitration claim over gas supply interruptions at…

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Cyprus’ gas should be marketed through Turkey, Cavusoglu says
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Cyprus’ gas should be marketed through Turkey, Cavusoglu says

Natural gas discovered off Cyprus should be marketed through Turkey or else it would not be a viable project, Turkish Foreign Minister Mevlut Cavusoglu has said. In an…

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Tender documents for design and build of EuroAsia Interconnector published
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Tender documents for design and build of EuroAsia Interconnector published

The tender documents for the four contracts – worth a combined €3.5bn – for the design and construction of the EuroAsia Interconnector were on Thursday published in the…

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ExxonMobil starts second exploration well drilling offshore Cyprus
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ExxonMobil starts second exploration well drilling offshore Cyprus

  US energy giant ExxonMobil and Qatar Petroleum completed their first test-drill for hydrocarbons offshore Cyprus and have begun exploring a second well, Cypriot authorities said Wednesday. The…

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Energean sells 5.5 BCM of Karish/Tanin gas to an Israeli Power Producer
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Energean sells 5.5 BCM of Karish/Tanin gas to an Israeli Power Producer

Greek oil and gas company Energean has signed a Gas Sales and Purchase Agreement with I.P.M. Beer Tuvia Ltd. (“IPM”), an independent power producer, to supply an estimated…

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Cyprus: Drillship malfunction delays announcement of results
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Cyprus: Drillship malfunction delays announcement of results

A technical malfunction on board Exxon-Mobil Stena Ice Max drillship has reportedly caused a delay of 10 days. The unspecified problem occurred during Christmas time and had led…

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