Turkey’s biggest-ever gas find in Black Sea
August 22, 2020
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Turkey’s biggest-ever gas find in Black Sea

Turkey announced its biggest natural gas discovery on Friday, a 320 billion cubic metre (11.3 trillion cubic feet) Black Sea field which President Tayyip Erdogan said was part…

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Final building permit given for EuroAfrica Interconnector
August 21, 2020
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Final building permit given for EuroAfrica Interconnector

Cyprus has issued the final building permit for the Egypt-Cyprus electricity interconnection EuroAfrica Interconnector, it was announced on Wednesday. EuroAfrica Interconnector is the official project developer of the…

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IOCs to begin conducting West Mediterranean seismic surveys in Q4 2020
August 20, 2020
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IOCs to begin conducting West Mediterranean seismic surveys in Q4 2020

International oil and gas players will begin conducting seismic surveys in Egypt’s Western Mediterranean in 4Q2020, Al Shorouk and Masrawy reported yesterday, each citing a source from the…

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Turkey reignites threats in wake of Greece-Egypt EEZ deal
August 12, 2020
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Turkey reignites threats in wake of Greece-Egypt EEZ deal

Following intervention by Germany’s Chancellor, Angela Merkel, President Erdogan agreed to ‘pause’ activities to carry out offshore surveys south of Kastellorizo in order to enable dialogue with Greece…

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Egypt: New Gas Discovery of North Hammad
July 29, 2020
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Egypt: New Gas Discovery of North Hammad

The Minister of Petroleum and Mineral Resources, Tarek El Molla, announced that the new discovery of North Hammad concession in Delta is going to initially produce natural gas…

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Chevron Acquisition of Noble Energy and its Implications on the East Med
July 26, 2020
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Chevron Acquisition of Noble Energy and its Implications on the East Med

The US Oil Major Chevron made a smart move, announcing the acquisition of Nobel Energy in an all-stock deal valued at US$5 billion. Under the terms of the agreement,…

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Chevron buys Noble Energy in biggest U.S. energy deal since oil crash
July 20, 2020
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Chevron buys Noble Energy in biggest U.S. energy deal since oil crash

The oil giant Chevron Corp. said on Monday it would buy Noble Energy Inc in a $5 billion all-stock deal, bolstering its shale presence as a plunge in…

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Lack of transparency in Schlumberger Activities in Lebanon
July 18, 2020
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Lack of transparency in Schlumberger Activities in Lebanon

The Lebanese Council of Ministers awarded on July 14th a study to the company Schlumberger in order to estimate the quantity of hydrocarbon in the Lebanese onshore and…

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Egypt pushes compressed natural gas in clean car drive
July 17, 2020
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Egypt pushes compressed natural gas in clean car drive

Egypt’s President Abdel Fattah el Sisi has said all new cars sold in the country will have to run on compressed natural gas (CNG) before they are issued…

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Egypt bags all five Supermajors with key West Mediterranean awards
July 16, 2020
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Egypt bags all five Supermajors with key West Mediterranean awards

Full House: Latest Awards Mean All Five Supermajors Have Signed Up For Egypt’s Virgin West Med Acreage Global exploration pullback? Not in Egypt with Chevron, Shell, Total and…

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