EGAS to offer three LNG shipments from Idku plant in August
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EGAS to offer three LNG shipments from Idku plant in August

State-owned EGAS will offer three LNG shipments from the Idku plant in August, two trade sources told Reuters. One source said that two of the shipments will be…

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Leviathan natural gas platform starts voyage to Israel
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Leviathan natural gas platform starts voyage to Israel

The gas platform for the Leviathan natural gas field is on its way to Israel from the Gulf of Mexico, the partners in the project said on Sunday.…

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Egypt’s arrears to IOCs reduced to $900 million from $6.3 billion in 2011
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Egypt’s arrears to IOCs reduced to $900 million from $6.3 billion in 2011

Egypt’s arrears to foreign oil companies declined to $900 million at the end of June from $1.2 billion a year ago, the petroleum minister said on Thursday, adding…

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Egypt Reduces IOC Arrears to $900 MM: El Molla
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Egypt Reduces IOC Arrears to $900 MM: El Molla

The total arrears that shall be collected by international oil companies (IOCs) dropped to $900 million by the end of June 2019, according to the Minister of Petroleum…

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Lebanon: Total launches several tenders as preparation for the first offshore exploration well
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Lebanon: Total launches several tenders as preparation for the first offshore exploration well

French company Total has launched a series of tenders for the oil and gas infrastructure Lebanon requires to undertake its first round of exploratory drilling, planned for later…

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Eni to drill nine new wells in Egypt’s Zohr gas field until 2020
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Eni to drill nine new wells in Egypt’s Zohr gas field until 2020

Italy’s Eni is planning to drill nine new development wells in the Zohr gas field until 2020 to achieve production targets agreed upon with the Oil Ministry, an…

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Cyprus Parliament begins reviewing proposals to extend hydrocarbons’ licences
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Cyprus Parliament begins reviewing proposals to extend hydrocarbons’ licences

Parliament on Tuesday began reviewing proposed changes to the law that would enable the government to extend the licences for companies exploring for hydrocarbons in the island’s economic…

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Israel’s Energy Dilemma: More Natural Gas Than It Can Use or Export
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Israel’s Energy Dilemma: More Natural Gas Than It Can Use or Export

For decades, Israel was an energy-starved country, now it has a different problem. Thanks to major offshore discoveries over the last decade, it has more natural gas than…

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A new Turkish Agression on Cyprus: Offshore Well Drilling off Karpasia
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A new Turkish Agression on Cyprus: Offshore Well Drilling off Karpasia

Turkey announced that drilling off Karpasia is expected to start within a week, reports said on Saturday. Turkish Energy Minister Fatih Donmez told Turkish news agency Anadolu that…

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Energean announces the acquisition of Edison E&P for up to $850 million
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Energean announces the acquisition of Edison E&P for up to $850 million

Energean, the oil and gas producer focused on the Mediterranean, is pleased to announce that it has entered into a conditional sale and purchase agreement to acquire Edison…

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