Alternative scenarios drawn up to end Cyprus EEZ blockade
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Alternative scenarios drawn up to end Cyprus EEZ blockade

Nicosia said it was working through diplomatic channels to resolve the current standoff with Turkey in the island’s economic waters, while Ankara reiterated it would not allow Greek…

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IOC investment in Egypt’s Oil & Gas sector reached $10 bn this year
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IOC investment in Egypt’s Oil & Gas sector reached $10 bn this year

nvestment by international oil companies reached USD 10 billion so far in FY2017-18, Oil Minister Tarek El Molla said in an interview with Al Borsa. This will likely…

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Cyprus new gas discovery holds 6 to 8 tcf, ENI says
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Cyprus new gas discovery holds 6 to 8 tcf, ENI says

A natural gas field offshore Cyprus is believed to hold between six and eight trillion cubic feet, Italian energy firm ENI has said. Speaking at an industry event…

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BP starts production from Egypt’s Atoll gas field ahead of schedule
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BP starts production from Egypt’s Atoll gas field ahead of schedule

BP announced the start of gas production from the Atoll Phase One project, offshore Egypt. The project, in the North Damietta concession in the East Nile Delta, was…

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Turkish warships block furhter offshore drilling in Cyprus
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Turkish warships block furhter offshore drilling in Cyprus

Cyprus was taking all necessary diplomatic steps to resolve peacefully the harassment of ENI’s drillship Saipem 12000 by Turkish warships and avoid an escalation, President Nicos Anastasiades  said on…

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Lebanon’s oil and gas sector: A roadmap for 2018
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Lebanon’s oil and gas sector: A roadmap for 2018

At the end of January, Lebanon signed its first exploration & production agreements (EPA) with a consortium of companies composed of France’s Total (as operator), Italy’s Eni, and…

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Eni made important gas discovery in block 6
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Eni made important gas discovery in block 6

Italy’s energy giant Eni said that it made a lean gas discovery off the coast of Cyprus after drilling an exploratory well at Calypso, the target of exploration…

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Cyprus’ Calypso gasfield could resurrect country’s energy sector
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Cyprus’ Calypso gasfield could resurrect country’s energy sector

The latest offshore drilling could bring a large gas discovery off Cyprus. Named the Calypso field may in fact have the chance to release the Cypriot gas industry.…

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