Total boasts world #2 LNG player title after acquisition of Engie’s upstream LNG unit
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Total boasts world #2 LNG player title after acquisition of Engie’s upstream LNG unit

French oil and gas company Total has closed the acquisition of Engie’s portfolio of upstream liquefied natural gas (LNG) assets for an overall enterprise value of $1.5 billion.…

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Energean to Buy 45% Stake in Gaza Marine Field
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Energean to Buy 45% Stake in Gaza Marine Field

Energean is ready to purchase a 45% stake in the offshore Gaza Marine gas field, pending approval by Palestinian and Israeli authorities, Reuters reported. The chief executive of…

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Eni announces second oil discovery at Faghur Basin in Egypt’s Western Desert
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Eni announces second oil discovery at Faghur Basin in Egypt’s Western Desert

The discovery confirms the high potential of deep geological sequences of the Faghur Basin. Eni announces a second light oil discovery on the B1-X exploration prospect located in…

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Jordan Pipeline for Israeli Gas Set for Completion by End of 2019
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Jordan Pipeline for Israeli Gas Set for Completion by End of 2019

A pipeline to transport $10 billion worth of natural gas over 15 years from Israel’s Leviathan field into Jordan will be completed by the end of 2019, according…

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Importing Israeli Gas will reduce  Substantially the electricity bill in Cyprus
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Importing Israeli Gas will reduce Substantially the electricity bill in Cyprus

Greek oil and gas company Energean offered to the Cyprus government to build a pipeline from its Israeli offshore gas fields and import 0.5 to 1 billion cubic…

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Energean offers to Export Israeli Gas to Cyprus via Pipeline
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Energean offers to Export Israeli Gas to Cyprus via Pipeline

The Natural Gas Public Company (Defa) on Thursday described as unsolicited a proposal it received from Greek company Energean to build a pipeline to Cyprus from Israeli offshore…

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Egypt Gas Regulatory Authority to Begin Operations
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Egypt Gas Regulatory Authority to Begin Operations

The newly-established Natural Gas Regulatory Authority will soon begin its operations, the Ministry of Petroleum said in a press statement, Egypt Oil & Gas reports. The authority’s mandate…

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Israel-Egypt Gas Deal: Delek Shareholders Agree to Invest in EMG
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Israel-Egypt Gas Deal: Delek Shareholders Agree to Invest in EMG

Shareholders of Israeli energy company Delek Drilling have agreed to invest in the East Mediterranean Gas Company (EMG), the owner of the pipeline linking gas fields in Israel…

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