News
August 20, 2017
Royal Dutch Shell Plc is seeking creative solutions to bring gas from Israel and Cyprus to market, a step that could help turn the Mediterranean region into a major gas-producing hub.
News
July 28, 2017
Saipem and Petrobel have finalized offshore contract variations worth $900 million for Engineering, Procurement, Construction and Installation (EPCI) activities in relation to the “Optimized Ramp Up” phase of the giant Zohr field development project, situated in the Mediterranean Sea off the Egyptian coast.
News
July 20, 2017
Turkish Prime Minister Binali Yildirim on Thursday warned Cyprus its moves to explore for energy around the eastern Mediterranean were "untimely and dangerous," adding that Ankara would continue to protect the rights and interests of Turkish Cypriots.
News
July 10, 2017
Turkey warned Greek Cypriots on Friday not to make a grab for energy reserves around the divided island and President Tayyip Erdogan told oil companies to be careful they did not lose a "friend" by joining in.
News
June 29, 2017
Cyprus will push ahead with its oil and gas development plans despite potential setbacks, including the decades-long Cyprus conflict, its energy minister said on Thursday.
News
June 20, 2017
Energean Oil & Gas has announced that its subsidiary, Energean Israel, has submitted the Field Development Plan (FDP) for the Karish and Tanin natural gas fields, offshore Israel, to the Israeli Petroleum Commissioner.
News
June 16, 2017
Condor Petroleum Inc., has announced that drilling has commenced on the Yakamoz-1 exploration well, which is located 2 km north of the Company’s 100% owned and operated Poyraz Ridge gas field in Turkey.
News
June 08, 2017
UTEC, a leading global survey company in subsea services group Acteon, has been awarded a contract with world leading subsea construction company Saipem to support its operations as part of the Zohr Field Development Project.
News
June 05, 2017
Zion Oil & Gas announces it has spud the Megiddo-Jezreel #1 – a deep, onshore well located in Israel’s Jezreel Valley.
News
Saipem secures $230-million in drilling contracts in Mozambique, the Black Sea and the Mediterranean
June 02, 2017
Saipem and Eni have signed a contract for offshore drilling activity in Mozambique, utilizing the drillship Saipem 12000. In addition to this contract, which will allow the Company to participate in the development of the Coral field, Saipem has been awarded other offshore drilling contracts.
News
May 29, 2017
Energean Oil & Gas Group signed contracts to supply private Israeli power plants with natural gas, the first deals to compete with the partners who dominate the country’s energy industry.
News
May 25, 2017
Energean Oil & Gas has announced that it has signed a lease agreement with the Greek government for the exploration and exploitation of hydrocarbons at the Aitoloakarnania block, onshore western Greece.
News
May 10, 2017
Tiger Offshore Rentals, a global provider of transportation and storage equipment to the offshore oil and gas industry, has acquired Comea Imprianti Industriali’s entire fleet of DNV-certified offshore cargo carrying units (CCUs) in Italy.
News
May 09, 2017
Delek Group Ltd., the Israeli energy company that bought UK oil explorer Ithaca Energy Inc. this year, is seeking a London listing to help further overseas expansion.
News
April 13, 2017
A Turkey-Israel gas pipeline deal could be built through Cyprus’ economic waters even without Cypriot consent, a Turkish official said, dismissing what some experts see as a key obstacle to an energy deal between the two Mediterranean countries.
News
April 05, 2017
Trendsetter Engineering, Inc. is thrilled to announce the recent award of multiple contracts to design and manufacture subsea production equipment for Noble Energy’s Leviathan Project, a large natural gas field development in the Eastern Mediterranean Sea off the coast of Israel.
News
April 05, 2017
DOHA -- Qatar Petroleum and Exxon Mobil signed an exploration and production sharing contract with the government of the Republic of Cyprus for offshore Block 10.
News
March 31, 2017
Energean Oil & Gas has announced that it has agreed to farm out a 60% interest in its Ioannina and Aitoloakarnania Blocks, onshore Western Greece, to Repsol. Repsol will also become the Operator for both blocks.
News
March 16, 2017
The Shah Deniz consortium is pleased to announce the sail away of the second jacket for the Shah Deniz Stage 2 platforms. The Quarters and Utilities (QU) platform jacket sailed away to the Shah Deniz contract area in the Caspian Sea from the Heydar Aliyev Baku Deepwater Jackets Factory (BDJF) ahead of schedule on March 15.
News
March 15, 2017
In the last portion of EMGC Day 2, options for regional gas ownership and export were discussed. Gina Cohen, gas consultant on the Eastern Mediterranean, shared her perspective on energizing regional economic, business and political relationships.
News
March 15, 2017
In the fourth session of the day, there was a focus on accelerating efforts to ramp up gas trade in the Eastern Med. Charles Ellinas, CEO of E-C Natural Hydrocarbons Co. Ltd., first spoke about the impact of global markets and prices on the Eastern Med.
