ENI-KoGas asked to re-evaluate model after second failed drilling
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ENI-KoGas asked to re-evaluate model after second failed drilling

Energy minister Yiorgos Lakkotrypis said that Italian and South Korean consortium ENI-KoGas wants two years to re-evaluate geological model after it failed to find exploitable hydrocarbons in Block 9…

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US drillers scrambling to thwart OPEC threat
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US drillers scrambling to thwart OPEC threat

OPEC and lower global oil prices delivered a one-two punch to the drillers in North Dakota and Texas who brought the U.S. one of the biggest booms in…

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Noble Energy sees significant oil potential in the Levant basin
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Noble Energy sees significant oil potential in the Levant basin

The Eastern Mediterranean is on the road of becoming a major hydrocarbon producer, John Tomich, Noble’s Energy Cyprus country manager have said, while underlining that there is significant oil…

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ENI drilling results expected soon
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ENI drilling results expected soon

The ENI-KOGAS consortium will announce “soon” the results of their exploratory drilling at the offshore Amathusa prospect, energy minister Giorgos Lakkotrypis said on Tuesday. He was speaking to…

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Timing Is Key For Lebanese Gas, Production Unlikely Before 2025
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Timing Is Key For Lebanese Gas, Production Unlikely Before 2025

The political complexities within Lebanon are the major factors likely to postpone offshore gas production to at least 2025. At the same time, external factors are further worsening…

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Cyprus Gas reserves to be put up for sale
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Cyprus Gas reserves to be put up for sale

US-based Noble Energy will declare gas reserves discovered offshore Cyprus commercially viable in the next few weeks, the government said on Tuesday. Speaking after a meeting between President…

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Turkish Barbaros Navtex will not be renewed
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Turkish Barbaros Navtex will not be renewed

Ozdil Nami TURKISH Cypriot “foreign minister” Ozdil Nami stated in an interview with Turkish Cypriot daily Kibris on Sunday that the Navigational Telex (Navtex) for the Turkish seismic…

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Will Gaza Gas Serve as Israel’s Trojan Horse?
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Will Gaza Gas Serve as Israel’s Trojan Horse?

In a perplexing about-face, there has been a revival of efforts to permit the exploration of Gaza Marine, the gas reserves located off the coast of Gaza. The…

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