ExxonMobil Egypt inks Star Offshore concession agreement with EGAS
January 13, 2021
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ExxonMobil Egypt inks Star Offshore concession agreement with EGAS

ExxonMobil Egypt signed a contract to acquire a concession of more than 4,000 square kilometers in the Stare marine are in the Arab republic, according to a press…

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Total, Eni and Novatek Consortium continues its exploration activities in Lebanon
January 7, 2021
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Total, Eni and Novatek Consortium continues its exploration activities in Lebanon

Caretaker Minister of Energy and Water, Raymond Ghajar, said in a statement that the consortium of companies made up of Total, Eni and Novatek, is continuing its exploration…

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لبنان يحضّر مرسوماً يُحدّد الخط البحري الجنوبي لتعزيز موقفه في المفاوضات
January 6, 2021
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لبنان يحضّر مرسوماً يُحدّد الخط البحري الجنوبي لتعزيز موقفه في المفاوضات

يسعى لبنان الرسمي للقيام بواجباته في صون حقوقه وتوفير الإطار القانوني الداخلي والخارجي لها، وهذا الأمر ينطبق على الحدود البحرية الجنوبية، بحيث تبيّن أنّ الوفد العسكري اللبناني الى…

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Egypt signs Oil & Gas Exploration Agreements worth $1 billion
January 6, 2021
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Egypt signs Oil & Gas Exploration Agreements worth $1 billion

Egypt said it signed new agreements involving investment of about $1 billion to search for oil and natural gas in parts of the Mediterranean and Red Sea. The…

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Energean to take full ownership of Israeli Subsidiary
January 2, 2021
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Energean to take full ownership of Israeli Subsidiary

Oil and gas firm Energean has entered into an agreement to buy a 30 per cent stake in Energean Israel from Kerogen, resulting in Energean owning a 100…

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Potential Revenues of the Lebanese Offshore Gas Discoveries
December 29, 2020
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Potential Revenues of the Lebanese Offshore Gas Discoveries

In 2017 Lebanon awarded two of its offshore blocks (4 and 9) to a consortium composed from Total, ENI, and Novatek. In the country’s first signed Exploration and…

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New strategy requires UK oil and gas sector to support net-zero target
December 28, 2020
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New strategy requires UK oil and gas sector to support net-zero target

A revised Strategy from the UK’s petroleum regulator Oil & Gas Authority (OGA), featuring a range of new net-zero obligations for the UK oil and gas industry, was…

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Europe shifting away from natural gas
December 27, 2020
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Europe shifting away from natural gas

The expectation that Europe will be a market for East Med gas is becoming even more fanciful 2020 has been a difficult year for natural gas and LNG,…

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Eni announces new oil discovery and production in Egypt’s Western Desert
December 25, 2020
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Eni announces new oil discovery and production in Egypt’s Western Desert

Eni announces a new oil discovery, in Meleiha Concession, in the Western Desert of Egypt. The discovery was achieved through the Arcadia 9 well, drilled on the Arcadia…

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Gas Sales Agreements to supply an additional 0.4 Bcm/yr of gas from Karish Field
December 20, 2020
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Gas Sales Agreements to supply an additional 0.4 Bcm/yr of gas from Karish Field

Energean plc announced that Energean Israel Limited has entered into a new set of agreements and amendments to existing agreements with Rapac Energy Limited and its related companies…

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