EMGF Second Meeting Concludes in Cairo
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EMGF Second Meeting Concludes in Cairo

The Second Ministerial Meeting of the East Mediterranean Gas Forum (EMGF) was held in Cairo on July 24-25, as per the invitation of H.E Eng. Tarek El Molla,…

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Egypt extends deadline for Red Sea Offshore Bid Round till September
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Egypt extends deadline for Red Sea Offshore Bid Round till September

The South Valley Egyptian Petroleum Holding Company (Ganope) announced the extension of the closing date of its Offshore Red Sea Oil & Gas Exploration Bid Round till mid-September…

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Israel: Noble Energy keeping Stake in Alon D block on the border to Lebanon
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Israel: Noble Energy keeping Stake in Alon D block on the border to Lebanon

U.S. oil and gas company Noble Energy will not be relinquishing its stake in the Alon D license offshore Israel, near the disputed maritime border with Lebanon. Noble…

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First production licence set to be issued for Cyprus EEZ
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First production licence set to be issued for Cyprus EEZ

The Council of Ministers is expected issue exploitation licences for the Aphrodite field, Energy Minister Giorgos Lakkotrypis said on Sunday. As far as the Aphrodite field is concerned…

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Limited interest in Israel second offshore licensing round
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Limited interest in Israel second offshore licensing round

Five companies submitted proposals to explore for oil and gas on 12 blocks among 19 offered in Israel’s second offshore licensing round. This was the second Israeli offshore…

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Cyprus: ten new wells to be drilled in next two years
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Cyprus: ten new wells to be drilled in next two years

Five exploratory and five appraisal wells will be drilled in the next two years in offshore concessions inside Cyprus’ exclusive economic zone (EEZ), Energy Minister Giorgos Lakkotrypis said…

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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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