Cyprus moving forward with EEZ’s 3rd licencing round
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Cyprus moving forward with EEZ’s 3rd licencing round

  Cyprus will be moving forward with the third round of licensing for natural gas…

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Wood Mackenzie: Deepwater Exploration Cutbacks May Come Back To Haunt Oil Drillers
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Wood Mackenzie: Deepwater Exploration Cutbacks May Come Back To Haunt Oil Drillers

We expect 2016 exploration spend to be around half the 2014 peak, and it could…

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Cyprus, Greece and Lebanon to explore trilateral cooperation potential
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Cyprus, Greece and Lebanon to explore trilateral cooperation potential

The foreign ministers of Cyprus, Greece and Lebanon will have a meeting on Monday, on…

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Eni to complete second well in Zohr field by April for $100m
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Eni to complete second well in Zohr field by April for $100m

Italian Eni will finish drilling the second well in the Zohr field in the Shorouk…

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Larnaca refuses to extend operating permit for its shore base
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Larnaca refuses to extend operating permit for its shore base

The Larnaca municipal council on Monday rejected a request to allow the operation of Medserv…

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Gas from Israel’s Leviathan could reach markets by late 2019 -Noble manager
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Gas from Israel’s Leviathan could reach markets by late 2019 -Noble manager

Partners in Israel’s Leviathan natural gas field could reach a final investment decision by the…

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Eni and EGPC establish JV for Zohr ‘super giant’ gas field
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Eni and EGPC establish JV for Zohr ‘super giant’ gas field

Eni and Egyptian General Petroleum Corporation (EGPC) have announced to enter into a joint venture…

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Cyprus Block 12 – Agreement not to drill
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Cyprus Block 12 – Agreement not to drill

On 28 January Delek Group announced at the Tel Aviv Stock Exchange that the additional…

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Wood Mackenzie: Shell’s acquisition of BG secures industry leading positions in deepwater oil and LNG
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Wood Mackenzie: Shell’s acquisition of BG secures industry leading positions in deepwater oil and LNG

Since the deal was announced in April, oil prices have near halved and Shell’s share…

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We Lost Trust in the Government of Israel, Claims Noble Energy
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We Lost Trust in the Government of Israel, Claims Noble Energy

Noble Energy, the operator of major resources offshore Israel, told the country’s high court of…

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