Cyprus: EastMed pipeline deal to be reached very soon
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Cyprus: EastMed pipeline deal to be reached very soon

Cyprus is very close to reaching an agreement with the countries involved in the construction of the East Med pipeline to transfer natural gas from the Eastern Mediterranean…

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US firms interested in Egypt’s offshore oil, gas exploration tenders
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US firms interested in Egypt’s offshore oil, gas exploration tenders

Several US oil companies have expressed their interested in developing Egypt’s offshore oil and natural gas resources and are expected to bid in the sale of exploration blocks…

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EGAS announces extension of closing date for 2018 Bid Round
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EGAS announces extension of closing date for 2018 Bid Round

The Egyptian Natural Gas Holding Company (EGAS) announces the Change of the closing date of its 2018 International Bid Round for 16 blocks. The closing date is extended…

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Greece opens new LNG tank to boost energy hub ambitions
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Greece opens new LNG tank to boost energy hub ambitions

Greece inaugurated on Thursday a new liquefied natural gas (LNG) tank to boost its storage capacity and bolster its ambitions to become a regional energy hub. Greece, which…

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Egypt finalizes settlement with Israel on USD 1.76 bn int’l arbitration ruling
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Egypt finalizes settlement with Israel on USD 1.76 bn int’l arbitration ruling

The Madbouly government has finalized a settlement to reduce a USD 1.76 bn award Israeli Electric Company won in 2012 against EGAS, EGPC and East Mediterranean Gas (EMG),…

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Eni completes drilling ninth well at Zohr gas field
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Eni completes drilling ninth well at Zohr gas field

Italy’s Eni has completed drilling work on Zohr’s ninth deepwater well at a cost of USD 300 million, according to an industry source. Early tests put initial production…

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Turkey warns Exxon drilling could change balance on Cyprus issue
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Turkey warns Exxon drilling could change balance on Cyprus issue

Turkey said on Sunday it was repeating its warning to companies and countries over hydrocarbon exploration in Cyprus’ exclusive economic zone (EEZ), suggesting that drilling by US giant…

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Delphine drilling has started, Energy minister says
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Delphine drilling has started, Energy minister says

Energy Minister Giorgos Lakkotrypis announced Friday that ExxonMobil has started drilling at an offshore field inside the island’s exclusive economic zone. The minister made the announcement during a…

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