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Tag: East Mediterranean
East Med Gas

The Challenges Facing Eastern Mediterranean Gas, by Amira El-Mazni

Posted: November 26, 2019 at 2:18 pm   /   Oil & Gas

Gas has been discovered in the East Mediterranean for a decade, yet most remain undeveloped. This article reviews these discoveries and share some risks & various technical, commercial & political challenges facing their full development. Ever since the discovery of “Tamar” and “Leviathan” gas reserves within the Israeli EEZ, “Aphrodite” within the Cypriot EEZ, the […]

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Noble-Energy

Egypt signs $430m natural gas deal with Noble Energy at Africa Investment Forum

Posted: November 25, 2019 at 3:18 pm   /   Oil & Gas

Egypt signs energy accords at conference in new capital. Egypt said it had signed several energy accords at a conference in its partially built new capital on Saturday, including a $430-million deal for Texas-based Noble Energy to pump natural gas through the East Mediterranean Gas Co’s pipeline. Under the agreement, with financing from the U.S. […]

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FPSO

Energean signs Gas Sales and Purchase Agreement with MRC

Posted: November 21, 2019 at 7:28 pm   /   Oil & Gas

GSPA signed with MRC: Energean Oil and Gas plc, the oil and gas producer focused on the Mediterranean, is pleased to announce that Energean Israel and MRC Alon Tavor Ltd. (“MRC”) have signed a Gas Sales and Purchase Agreement (“GSPA”) for the sale of approximately 0.5 Bcm/yr, or up to 8 Bcm over the term […]

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PAS Leonardo

PAS adds sixth Leonardo helicopter for offshore operations in Egypt

Posted: November 20, 2019 at 1:54 pm   /   Oil & Gas

Petroleum Air Services (PAS) adds sixth Leonardo AW139 helicopter for offshore transport operations in Egypt. Italian helicopter supplier Leonardo has informed that Petroleum Air Services of Egypt will add a sixth AW139 intermediate twin helicopter to its fleet by year-end. The aircraft will be used to perform offshore transport operations in Egypt. Petroleum Air Services […]

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shearwater

Shearwater GeoServices awarded 3D survey in Eastern Mediterranean

Posted: November 7, 2019 at 10:21 am   /   Oil & Gas

Shearwater GeoServices Holding AS (“Shearwater”) has been awarded a 3D seismic survey in the Eastern Mediterranean. The one-month survey will be executed in Q4 2019. “Shearwater has a long track record in the region, and we are pleased to return for this survey”, said Irene Waage Basili, the CEO of Shearwater GeoServices. “Our high-capacity seismic […]

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Energean CEO

Energean CEO statement at the East Mediterranean Gas Forum (EMGF)

Posted: November 6, 2019 at 8:13 pm   /   Oil & Gas

Mathios Rigas, Energean CEO, attended the East Mediterranean Gas Forum (EMGF), which took place today in Cairo. The Ministry of Petroleum invited companies from Greece, Italy, Israel and Cyprus to attend the meeting, and Energean’s CEO gave the following statement at the forum: “The establishment of the Gas Industry Advisory Committee is a crucial development […]

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EMG

EMG pipeline ownership transferred to Delek, Noble, East Gas consortium

Posted: November 4, 2019 at 10:52 am   /   Oil & Gas

Egypt just cleared a major hurdle to its dream of becoming the premier East Med energy hub – EMG ownership transferred to Delek, Noble and East Gas. Ownership of the East Mediterranean Gas (EMG) subsea pipeline that runs between Egypt and Israel has been transferred to Israel’s Delek Drilling, Texas-based Noble Energy and Egypt’s East […]

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shell-moc

Shell announces participation in MOC 2019 as Platinum Sponsor

Posted: October 11, 2019 at 3:30 pm   /   Oil & Gas

Under The Patronage of H.E Eng Tarek El Molla, Minister of Petroleum and Mineral Resources: Shell Egypt is the 10th Mediterranean offshore Conference and Exhibition (MOC2019) Platinum Sponsor. Shell Egypt announced its participation in the 10th Mediterranean offshore Conference and Exhibition (MOC 2019) as a platinum sponsor. The event will be held from the 15th […]

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LNG

Egyptian LNG to return to full operation – Petroleum Economist

Posted: September 22, 2019 at 12:27 pm   /   Oil & Gas

One of Egypt’s two liquefaction plants will back to full operation next month. The 7.2mn t/yr Egyptian LNG (ELNG) facility will return to 100pc of nameplate capacity next month, the firm’s senior optimisation manager Tamer Abdelsalam told the Gastech conference in Houston. It is currently operating at 90pc capacity. Full output is a far cry […]

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Egypt-USA

US support for Egypt’s position as East Med regional gas export hub

Posted: September 15, 2019 at 3:30 pm   /   Oil & Gas

US Deputy Energy Secretary Dan Brouillette was in town last Thursday to launch the US-Egypt Strategic Energy Dialogue with Oil Minister Tarek El Molla and the head of the Electricity Holding Company Gaber El Dessouky. Brouillette unveiled details of the initiative, and discussed regional energy issues and Egypt’s role in the East Mediterranean with a […]

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