Israel invites oil majors for further natural gas exploration
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Israel invites oil majors for further natural gas exploration

Israel’s energy minister says the country is encouraging global oil companies to further explore its offshore waters for natural gas, adding that he has met senior execs of…

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BP speeds Phase 1 development of Atoll field offshore Egypt
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BP speeds Phase 1 development of Atoll field offshore Egypt

BP has signed a heads of agreement with Egyptian Minister of Petroleum Tarek El Molla that’s expected to accelerate development of BP’s wholly owned Atoll natural gas discovery in…

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Noble Energy to make investment decision on Israel gas fields in a year
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Noble Energy to make investment decision on Israel gas fields in a year

Noble Energy (NBL) says it expects to make a final investment decision on the Leviathan and Tamar natural gas fields offshore Israel in about a year, a day…

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Egypt’s giant Zohr gas field aims to start output in 2017
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Egypt’s giant Zohr gas field aims to start output in 2017

Egypt aims to start natural gas production from its massive offshore Zohr field in 2017, a year ahead of schedule, oil minister Tarek El Molla said. The Zohr…

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Total rushing for final drill
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Total rushing for final drill

French energy giant Total is rushing to meet a deadline in a last ditch effort to discover oil and gas deposits in Cyprus’ Exclusive Economic Zone southern part…

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Israel Offers ENI Karish and Tanin Gas Fields
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Israel Offers ENI Karish and Tanin Gas Fields

Claudio Descalzi, CEO of Eni, met Thursday with Israel Prime Minister Benjamin Netanyahu following on an earlier with Israel Minister of Energy Yuval Steinitz. Mr. Descalzi arrived in…

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Infrastructure sharing could turn eastern Mediterranean to energy hub, ENI says
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Infrastructure sharing could turn eastern Mediterranean to energy hub, ENI says

Transnational synergies in the eastern Mediterranean could turn the region into a gas hub, according to Italian energy giant ENI, the company that discovered an estimated 30 trillion…

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ITALY TO ADD POLITICAL MUSCLE TO EAST MED GAS?
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ITALY TO ADD POLITICAL MUSCLE TO EAST MED GAS?

Italy might become involved politically and support natural gas exports from Israel to Union Fenosa Gas’ LNG facility in Damietta, Egypt, according to Israeli sources. The sources claim that…

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Egypt to Issue New Bid Rounds Soon
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Egypt to Issue New Bid Rounds Soon

  Tarek El Molla, Egypt Minister of Petroleum and Mineral Resources, said that the ministry plans to issue several bid rounds for exploration throughout the year, by EGAS,…

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Cyprus eyes 3rd oil and gas round, Delek postpones test drill
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Cyprus eyes 3rd oil and gas round, Delek postpones test drill

ENERGY companies are showing keen interest over a third hydrocarbon exploration licensing round inside Cyprus Exclusive Economic Zone (EEZ), Energy minister Giorgos Lakkotrypis said on Friday. “What I…

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