Eastern Mediterranean

News
February 27, 2020
The EU asset freezes and travel bans on two people, whom the bloc plans to identify later on Thursday, make good on its months-long vow to counter Turkey’s oil and natural-gas exploration in waters that are part of the exclusive economic zone of member country Cyprus.
News
February 04, 2020
European Union diplomats agreed to impose travel bans on two Turkish nationals and freeze their assets in retaliation for Ankara’s gas prospecting in disputed waters near Cyprus, two officials familiar with the matter said.
News
January 16, 2020
Turkey will issue new exploration licenses in the eastern Mediterranean now that it’s set a maritime border with Libya, President Recep Tayyip Erdogan said Thursday, a step liable to exacerbate strains with Greece and the European Union.
News
January 15, 2020
Egypt began receiving natural gas from Israel, enacting a deal initially worth $15 billion that’s part of the North African country’s plan to become an energy re-export hub on Europe’s doorstep. Israeli gas stocks rose.
Article
April 2019
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.
Article
February 2019
The Eastern Mediterranean Gas Conference (EMGC) is gearing up for another must-attend event in Cyprus.
News
January 15, 2019
Talks are in progress to build an underwater natural gas pipeline between Israel and Egypt, part of efforts to transform the eastern Mediterranean into an energy export hub on Europe’s doorstep.
News
January 09, 2019
Zion Oil and Gas confirmed today that it will move forward with the operational plan in Israel that the firm outlined previously in its Nov. 29, 2018, press release.
News
January 03, 2019
Rockhopper has made progress in many areas of interest, with plans for further growth in 2019.
News
November 27, 2018
Israel launches its second Offshore Bidding Round (OBR 2018) to grant exploration licenses for natural gas and oil in Israel’s economic waters in the Eastern Mediterranean. OBR 2018 builds upon the growing regional importance of the Eastern Mediterranean as a hydrocarbon province, the progress made with the development of the giant Tamar and Leviathan fields, as well as the Karish and Tanin fields in Israel’s offshore waters, and the rapidly improving domestic and export options for monetizing produced gas.
News
November 16, 2018
Technip is preparing for a project, including a subsea production system connecting high-rate subsea wells to a fixed platform, located approximately 6.21 mi offshore Israel.
News
November 13, 2018
The Stena Icemax drillship has arrived on location in Cyprus’ offshore Block 10, and is preparing to bore down into the seabed, Energy Minister Giorgos Lakkotrypis said, early this week.
News
November 13, 2018
Israel has announced the launching of its second bid round to grant exploration licenses for natural gas and oil in Israel’s economic waters, in the Eastern Mediterranean
News
October 30, 2018
Turkey’s first deep-sea drilling ship, flanked by Turkish war vessels, set sail Tuesday looking for natural gas and oil in contested waters of the Mediterranean, a launch liable to exacerbate longstanding tensions with Greece.
Article
October 2018
Norway’s largest and longest pipeline, laid by the vessel Saipem Castorone, has reached Johan Sverdrup field.
News
October 08, 2018
Egypt will begin importing natural gas from Israel under a $15-billion deal as early as March if an undersea pipeline connecting the Mediterranean neighbors is found to be in good condition, moving the country closer to its goal of becoming an energy-exporting hub.
Article
September 2018
Weatherford International introduced its Rotaflex long-stroke pumping unit that improves artificial lift efficiency in deep, high-volume and high gas-to-liquids wells.
Article
August 2018
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.
News
August 08, 2018
The companies developing Israel’s largest natural gas fields and their Egyptian partner have finalized details of a deal that would give them control over a pipeline to Egypt, according to people familiar with the matter, a crucial step that would pave the way for a $15-billion export contract.
News
July 04, 2018
A pipeline to transport $10 billion worth of natural gas over 15 years from Israel’s Leviathan field into Jordan will be completed by the end of 2019, according to the company buying the fuel.
Article
June 2018
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.
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