Eastern Mediterranean

News
February 19, 2018
Noble Energy Inc. and Delek Drilling-LP, the lead partners in Israel’s largest gas fields, said they signed a $15 billion agreement to export gas to Egypt’s Dolphinus Holdings.
News
February 14, 2018
Zion Oil & Gas, Inc., announces that during the current open hole wireline logging and subsequent reaming (cleaning the well bore) operations, Zion encountered free-flowing hydrocarbons while circulating drilling mud.
Article
February 2018
Situated in the Eastern Mediterranean Sea, just south of Turkey, the island nation of Cyprus will once again host the Eastern Mediterranean Gas Conference (EMGC), now in its fifth year.
News
February 09, 2018
Total-led international consortium (Total 40%, ENI 40%, Novatek 20%) signed two Exploration and Production Agreements (EPA) with the Republic of Lebanon, covering Blocks 4 and 9, located in the deep waters offshore Lebanon.
News
February 08, 2018
Eni has made a lean gas discovery in Block 6, offshore Cyprus with Calypso 1 NFW.
News
February 05, 2018
A U.S.-backed initiative to build an undersea natural gas pipeline between Israel and Turkey looks increasingly troubled as Turkish President Recep Tayyip Erdogan escalates his public denunciations of the Jewish state.
News
February 01, 2018
Energean Oil & Gas has announced that it has signed a reserves-based senior facility agreement, amounting to $180 million.
News
January 30, 2018
Noble Energy, Inc., has announced that it has signed a definitive agreement to divest a 7.5% working interest in the Tamar field, offshore Israel, to Tamar Petroleum Ltd. for cash proceeds of approximately $560 million and 38.5 million shares of Tamar Petroleum.
News
January 29, 2018
Energean Oil & Gas is pleased to announce that Energean Israel has signed a contract with Stena Drilling for the development drilling of Karish field, offshore Israel.
News
January 26, 2018
Connecting Europe announced on Jan. 25 that it will support the introduction of natural gas in Cyprus through the CyprusGas2EU project (EU support of €101 MM).
Article
January 2018
Alongside its partners, Petoro (30%) and Spirit Energy (20%), Wintershall (50%) announced the start of production at Maria field.
Article
January 2018
Eastern Mediterranean region are beginning to increase E&P activity and were able to bring several key projects on stream in 2017.
Article
February 2017
The fourth Eastern Mediterranean Gas Conference (EMGC) is being held at Hilton Cyprus in Nicosia, Cyprus, March 14-15. The event venue is conveniently located, allowing easy access to some of the capital city’s main attractions, such as the city center, the Old City and the modern business district.
Article
January 2017
Eastern Mediterranean region strives to weather low oil price storm
Article
January 2016
Eni’s discovery of supergiant Zohr field has changed the energy landscape of the region, prodding stagnant E&P developments in Israel, Cyprus and Greece.
Article
April 2015
Exploration in western and southern Greece is moving offshore, and the Second Offshore Licensing Round was opened in second-half 2014. Seismic data will improve, as will understanding of this complex region.
Article
February 2015
The oil price collapse of recent months will prompt a strategy re-think for oil and gas firms operating in the Eastern Mediterranean region. Progress in developing Israel’s Leviathan field will be watched closely by the industry, as it weighs further investment in the Levant basin.
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