$19.5bn Israeli gas deal with Egypt scrapped
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$19.5bn Israeli gas deal with Egypt scrapped

A $19.5bn agreement that would have seen Israeli gas supplied to a Spanish company for 15 years has been scrapped, according to public filings on the Tel Aviv…

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Energean board endorses Israel Karish & Tanin project’s FID
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Energean board endorses Israel Karish & Tanin project’s FID

The board of directors at Energean Oil & Gas has approved the Final Investment Decision (FID) to proceed with the $1.6 billion Karish & Tanin Development Project, on…

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Eni Chief sees rapid development of Eastern Med gas with Zohr
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Eni Chief sees rapid development of Eastern Med gas with Zohr

Luca Bertelli, Eni’s exploration head, shared a keynote speech with an updated review of the Levantine basin, where more than 130 Bcf of gas have been discovered. Bertelli…

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France’s Total to stay clear of Lebanese maritime area contested by Israel
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France’s Total to stay clear of Lebanese maritime area contested by Israel

French oil major Total will avoid work in the maritime area disputed by Lebanon and Israel as Beirut starts its delayed offshore exploration for oil and gas in…

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Eni official: East Mediterranean gas could supply Europe
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Eni official: East Mediterranean gas could supply Europe

NICOSIA, Cyprus — The East Mediterranean could become a hub to export gas to Europe — and the fastest and cheapest way to do that is to utilize…

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To which contry is Cyprus going to sell its gas?
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To which contry is Cyprus going to sell its gas?

Energy Minister Giorgos Lakkotrypis said on Wednesday that despite the geopolitical challenges and recent incidents in Cyprus Exclusive Economic Zone (EEZ), the government remained committed to exploiting hydrocarbon reserves…

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Turkish drillship to set sail for Mediterranean
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Turkish drillship to set sail for Mediterranean

Turkish President Tayyip Erdogan said on Tuesday that a rig recently acquired by his country would soon set course for the Mediterranean to conduct exploratory drilling for hydrocarbons.…

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BP to sell mature oil field assets in Egypt, shifts focus to gas
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BP to sell mature oil field assets in Egypt, shifts focus to gas

BP Plc has begun a process to sell mature oil fields in Egypt as it shifts investment in the country to natural gas, according to people with knowledge…

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