January 10, 2022
The U.S. is backing natural gas and low-carbon power sources as it seeks to improve the eastern Mediterranean’s energy ties to Europe and promote stability in the region.
January 20, 2021
The partners in the Leviathan and Tamar fields, which sit off Israel’s Mediterranean coast, signed an agreement under which Israel Natural Gas Lines Ltd. will lay a new subsea pipeline and expand some of its existing ones, according to a statement Tuesday from Delek Drilling LP, a shareholder in both reservoirs.
January 12, 2021
The announcement comes just weeks after the European Union pledged to expand the number of Turkish officials sanctioned over the country’s energy exploration in the disputed waters of the eastern Mediterranean Sea.
January 01, 2021
This deal, plus more to be announced, target drilling 23 wells in nine regions in the Mediterranean and three regions in the Red Sea, with a minimum total investment seen at $1.4 billion.
December 31, 2019
A decade after its discovery was lauded as a guarantor of Israel’s energy security, the giant Leviathan natural-gas field started production Tuesday. But instead of anticipating a coal-free future, residents living near the gas platform have abandoned their homes for a day.
December 26, 2019
If 2019 was the year when a clutch of Middle East markets burst into the mainstream, then 2020 will test whether the foreign money keeps flooding in.
December 19, 2019
Jerusalem’s district court ruled late Tuesday that the firms developing Leviathan are barred from pollutive activity until further notice, in effect halting operations.
December 06, 2019
Turkey and Libya officially approved a contentious maritime deal that may fuel an energy showdown in the gas-rich waters of the eastern Mediterranean, where both countries are at odds with Greece.
September 11, 2019
Egypt expects to begin receiving natural gas from Israel by the end of 2019, the oil minister said, fulfilling a $15 billion deal that will position the North African country as an energy re-export hub on Europe’s doorstep.
During a recent visit to Houston, Israel’s chief geologist, Dr. Michael (Miki) Gardosh, who operates within the Ministry of Energy, visited with World Oil Editor-in-Chief Kurt Abraham, providing an update on the country’s E&P sector. Activity remains solid offshore, buoyed by a current bidding round, and there also is some renewed interest onshore.
The Eastern Mediterranean Gas Conference (EMGC) is gearing up for another must-attend event in Cyprus.
Norway’s largest and longest pipeline, laid by the vessel Saipem Castorone, has reached Johan Sverdrup field.
Weatherford International introduced its Rotaflex long-stroke pumping unit that improves artificial lift efficiency in deep, high-volume and high gas-to-liquids wells.
Plenty-brand screw and vane pumps from SPX Flow are engineered to pump heavy viscous fluids, and are ideal for forced lubrication of rotating machinery and fuel transfer processes.
In 2017, global natural gas demand’s above-average growth reshaped market fundamentals and prevented the development of a global natural gas bubble. Meanwhile, global natural gas consumption doubled its 2016 growth rate, and it was well ahead of the previous five-year trend.
Alongside its partners, Petoro (30%) and Spirit Energy (20%), Wintershall (50%) announced the start of production at Maria field.