Egypt’s energy future between reality and fantasies
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Egypt’s energy future between reality and fantasies

  Egypt is the second largest producer of natural gas in Africa after Algeria, yet Egypt’s power generation infrastructure is dependent on natural gas. More than 75% of…

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Israel sees USD 5 billion gas royalty revenue
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Israel sees USD 5 billion gas royalty revenue

The Israeli Accountant General assumes that all 251 BCM of gas from Tamar would be sold by 2041 and 354 BCM of gas from Leviathan by 2065. Israel…

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Egypt to re-draft Oil & Gas contracts by end of 2018, adding new E&P incentives
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Egypt to re-draft Oil & Gas contracts by end of 2018, adding new E&P incentives

The Ministry of Petroleum has formed a joint committee to re-draft the petroleum agreements and to add incentive terms for foreign investors in the petroleum sector. The new…

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Egypt opening its gas market will fuel growth
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Egypt opening its gas market will fuel growth

Foreign investment is expected to climb after the country opens its natural gas market. The decision by Egypt, north Africa’s largest economy, to open its natural gas market…

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Noble Energy hires Ensco drillship for Leviathan drilling ofshore Israel
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Noble Energy hires Ensco drillship for Leviathan drilling ofshore Israel

  Offshore driller Ensco has secured a contract for its ultra-deepwater drillship ENSCO DS-7 with Noble Energy in Israel. Noble will use the drillship to to drill two…

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Israeli JV to return offshore licenses to government
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Israeli JV to return offshore licenses to government

An Israeli partnership has decided to return the Daniel East and Daniel West offshore oil and gas exploration licenses to the Israeli Government due to a lack of…

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Israel: Energy minister extends offshore license near Lebanese waters
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Israel: Energy minister extends offshore license near Lebanese waters

Israel’s Delek and U.S. Noble Energy have obtained an extension to the Alon D license in the Mediterranean Sea, offshore Israel. The exploration license covers 400 square kilometers…

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Greece to Open Tenders for Oil and Gas Explorations
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Greece to Open Tenders for Oil and Gas Explorations

The Greek government has opened two tenders for offshore oil and gas blocks in the Mediterranean and Ionian Seas and has invited IOCs to submit bids. The Hellenic…

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