The Cyprus Issue and Natural Gas in the Eastern Mediterranean
Permalink

The Cyprus Issue and Natural Gas in the Eastern Mediterranean

On 20 July, Cyprus marked the 44th anniversary of the Turkish military occupation of the Northern part of the island. The 1974 events led to the establishment, in…

Continue Reading →

Egypt on track to begin natgas exports in January
Permalink

Egypt on track to begin natgas exports in January

Egypt is set to begin exporting natural gas as of January 2019, by which time it will have reached self-sufficiency, Oil Minister Tarek El Molla tells El Watan.…

Continue Reading →

ExxonMobil licences for Cyprus drilling secured
Permalink

ExxonMobil licences for Cyprus drilling secured

The Exxon-Mobil – Qatar Petroleum consortium will reportedly by early September have secured all licences for two consecutive drillings planned for the third quarter of the year .…

Continue Reading →

Eni signs new exploration license for Noor area offshore Egypt
Permalink

Eni signs new exploration license for Noor area offshore Egypt

Eni announces that a new Concession Agreement, aimed at governing an offshore exploration license in the prolific East Nile Delta Basin of the Mediterranean Sea, has received approval…

Continue Reading →

New wave of mega LNG projects is approaching
Permalink

New wave of mega LNG projects is approaching

A new race to build multi-billion dollar liquefied natural gas (LNG) plants is gaining momentum after a long interruption in investments as energy giants sense a widening supply…

Continue Reading →

Israel and Egypt put final touches on gas deal
Permalink

Israel and Egypt put final touches on gas deal

The companies developing Israel’s largest natural gas fields and their Egyptian partner have finalized details of a deal that would give them control over a pipeline to Egypt,…

Continue Reading →

النفط والغاز: ماذا تحقّق… ومتى تتدفّق الأموال؟
Permalink

النفط والغاز: ماذا تحقّق… ومتى تتدفّق الأموال؟

بعد سنوات طويلة من المُناكفات السياسيّة والعراقيل المُصطنعة، وقّع ​لبنان​ رسميًا في التاسع من شباط الماضي عُقود إتفاقيّتي ​النفط​ والغاز للبلوكين 4 و9 مع “كونسرتيوم” يضمّ ثلاث شركات…

Continue Reading →

Turkey to purchase second drillship for Med exploration
Permalink

Turkey to purchase second drillship for Med exploration

Turkish president Tayyip Erdogan has reiterated that his nation will protect its ‘rights’ in the Mediterranean sea, announcing plans to purchase a second drillship for hydrocarbons exploration. According…

Continue Reading →