ExxonMobil starts second exploration well drilling offshore Cyprus
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ExxonMobil starts second exploration well drilling offshore Cyprus

  US energy giant ExxonMobil and Qatar Petroleum completed their first test-drill for hydrocarbons offshore…

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Energean sells 5.5 BCM of Karish/Tanin gas to an Israeli Power Producer
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Energean sells 5.5 BCM of Karish/Tanin gas to an Israeli Power Producer

Greek oil and gas company Energean has signed a Gas Sales and Purchase Agreement with…

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Cyprus: Drillship malfunction delays announcement of results
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Cyprus: Drillship malfunction delays announcement of results

A technical malfunction on board Exxon-Mobil Stena Ice Max drillship has reportedly caused a delay…

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Egypt drafts strategy to become East Mediterranean energy hub
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Egypt drafts strategy to become East Mediterranean energy hub

Gov’t puts pen to paper on strategy for Egypt’s EastMed energy hub ambitions: A government…

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Egypt Increases LNG Exports via Idku plant
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Egypt Increases LNG Exports via Idku plant

Egypt’s liquefied natural gas (LNG) exports via the Idku liquefaction plant increased by 73.3% reaching…

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Egypt Pays $3.1/mmbtu for Gas from North Alexandria, WDDM fields
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Egypt Pays $3.1/mmbtu for Gas from North Alexandria, WDDM fields

The Egyptian General Petroleum Corporation (EGPC) pays $3.1 per 1 million British thermal unit (mmbtu)…

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Egypt Pays $1 B over Three Years for Zohr Drilling Rig Rental
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Egypt Pays $1 B over Three Years for Zohr Drilling Rig Rental

Egypt paid a total of $1 billion over three years for renting Saipem 10000 drilling…

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Oil & Gas in East Med: 2018 roundup and expectations for 2019
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Oil & Gas in East Med: 2018 roundup and expectations for 2019

With drilling in Cyprus coming to its climax early in the year, Egypt forging ahead,…

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Saving grace to the Lebanese electricity problem: LNG Import and better projects’ structure
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Saving grace to the Lebanese electricity problem: LNG Import and better projects’ structure

Author: Abboud Zahr, Oil & Gas Specialist The Lebanese Ministry of Energy and Water (“MoEW”)…

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Egypt pays $4 per million BTUs for gas produced from Zohr field
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Egypt pays $4 per million BTUs for gas produced from Zohr field

The Egyptian General Petroleum Corporation (EGPC) pays about $4 per million thermal British units (BTUs)…

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