Cyprus signs first gas exploitation deal worth $9.3 bln
Permalink

Cyprus signs first gas exploitation deal worth $9.3 bln

First natural gas exploitation deal over 18 years with a consortium involving industry giant Shell, US-based Noble and Israel’s Delek, the energy minister said. The official signing in…

Continue Reading →

Cyprus: ExxonMobil to drill during 2020 an appraisal well in Block 10
Permalink

Cyprus: ExxonMobil to drill during 2020 an appraisal well in Block 10

ExxonMobil’s Vice President briefs Ministers in Cyprus on the company’s appraisal plan for Block 10 ExxonMobil’s Vice President Don Bagley has discussed with Ministers in Cyprus, the company’s…

Continue Reading →

Appraisal results of the Karish North Discovery in Israel
Permalink

Appraisal results of the Karish North Discovery in Israel

Energean Oil and Gas plc., the oil and gas producer focused on the Mediterranean, is pleased to announce the successful appraisal of the Karish North Discovery, confirming best…

Continue Reading →

Cyprus: Setback for plans to import gas
Permalink

Cyprus: Setback for plans to import gas

Cyprus efforts to import natural gas to power its electricity grid looked set to further delays after complications emerged in the tender process for the construction of an…

Continue Reading →

Cyprus expecting more discoveries during the next two years
Permalink

Cyprus expecting more discoveries during the next two years

Energy Minister Yiorgos Lakkotrypis said that Turkey’s claims on Cyprus’ exclusive economic zone (EEZ) do not benefit Turkish Cypriots or Greek Cypriots. Speaking at the DG Energy Conference…

Continue Reading →

Eni acquires 70% of Edison’s stake in NE Ha’py offshore gas concession
Permalink

Eni acquires 70% of Edison’s stake in NE Ha’py offshore gas concession

According to Reuters, Eni has acquired 70% of Edison’s stake in Block 12 of its Northeast Ha’py natural gas concession in the Mediterranean, an unnamed EGAS source said.…

Continue Reading →

Eni announces a new oil discovery in the Gulf of Suez offshore Egypt
Permalink

Eni announces a new oil discovery in the Gulf of Suez offshore Egypt

New resources discovered in the Gulf of Suez offshore Egypt: New resources discovered in the Abu Rudeis Sidri development lease, in the Gulf of Suez, where an appraisal…

Continue Reading →

Egypt Plans to Drill 15 Exploratory Wells in FY 2019/20
Permalink

Egypt Plans to Drill 15 Exploratory Wells in FY 2019/20

The Egyptian Natural Gas Holding Company (EGAS) announced in its annual report for the fiscal year (FY) 2018/19 that it will launch a new international bid round during…

Continue Reading →

Egypt exported 172 bcf of gas via 45 cargoes from Idku in FY 2018-2019
Permalink

Egypt exported 172 bcf of gas via 45 cargoes from Idku in FY 2018-2019

Egypt exported 45 cargos of natural gas carrying a total of 172.8 bcf from the Idku liquefaction plant in FY2018-2019, according to the Egyptian Natural Gas Holding Company…

Continue Reading →

EGAS upcoming Bid Round will include 11 Blocks in Egypt’s West Mediterranean
Permalink

EGAS upcoming Bid Round will include 11 Blocks in Egypt’s West Mediterranean

Dr. Samir Rasslan, EGAS vice Chairman for Agreements & Explorations announced on the last day of MOC, that the Egyptian Natural Gas Holding Company (EGAS) will invite Petroleum…

Continue Reading →