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Tag: East Mediterranean
egypt-parliament

Egypt’s House of Representatives approves 12 Oil & Gas E&P Agreements

Posted: July 7, 2020 at 8:11 pm   /   Oil & Gas

The Egyptian oil minister, Tarek el Molla, has announced the signing of 12 agreements with international companies for the search for oil and gas in the Red Sea, in the Western Desert and in the exclusive economic zone (EEZ) in the eastern and western Mediterranean with investments up to to a billion dollars and signing […]

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energean-pipelay

Energean completes Karish pipelay and subsea systems installation

Posted: June 23, 2020 at 11:24 am   /   Oil & Gas

Karish pipe laying and subsea systems installation completed – Karish Development c. 80% physically completed Energean plc, the oil and gas producer focused on the Mediterranean, is pleased to announce the completion of a key milestone in the Karish and Tanin Development project, offshore Israel. Energean’s partner, TechnipFMC, has successfully completed on time the laying […]

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North Thekah

Edison successfully completes Ameeq 1-X exploration well offshore Egypt

Posted: June 2, 2020 at 8:51 pm   /   Oil & Gas

Edison Exploration & Production announces successful completion of Ameeq 1-x exploration well in the Eastern Mediterranean waters of Egypt. The well, located in the North Thekka Concession in which Edison Exploration & Production holds 100% operators rights, was drilled by Maersk Discoverer semi-sub in water depth of 985 meters, reaching the final TD of 5670.5m […]

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EastMed

EastMed pipeline project seeks offshore EPCI players in tender

Posted: April 30, 2020 at 3:02 pm   /   Oil & Gas

IGI Poseidon has rolled out a tender for EPCI activities related to offshore sections of EastMed pipeline project. IGI Poseidon is a 50:50 joint venture between Public Gas Corporation of Greece (DEPA) and Edison International Holding. Eastern Mediterranean (EastMed) is a 1,900 kilometers long natural gas pipeline project to connect the gas reserves of the […]

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Karish

Energean upgrades Karish North reserves, first gas expected 2022

Posted: April 10, 2020 at 9:08 pm   /   Oil & Gas

Competent Persons Report certifies 1.2 Tcf (34 Bcm) plus 39 million barrels of gross 2C recoverable resources in Karish North, a 32% uplift on prior estimates. Submission of Field Development Plan Addendum for Karish North: Energean Oil and Gas plc, the oil and gas producer focused on the Mediterranean, is pleased to announce the completion […]

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Energean FPSO Hull

Energean Power FPSO hull sailed away from China to Singapore

Posted: April 5, 2020 at 8:58 pm   /   Oil & Gas

Karish Project Update – FPSO Hull Sailaway from China: Energean Oil and Gas plc, the oil and gas producer focused on the Mediterranean, is pleased to announced that its FPSO hull sailed away from the COSCO yard in China on 3 April 2020. The hull will now be towed to the Sembcorp Marine Admiralty Yard […]

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Energean

Energean might reduce its budget for Egypt by $140 million

Posted: March 29, 2020 at 8:31 pm   /   Oil & Gas

Mediterranean gas group Energean might cut its budget for Egypt by USD 140 million as oil and gas companies cut back on spending amid the covid-19 pandemic and a simultaneous oil price war. Energean has already cut its planned outlay in Greece and Israel by USD 155 million. Mediterranean gas group Energean said it would […]

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Energean FPSO

Work continuing at Far East yards on Energean’s FPSO

Posted: March 20, 2020 at 7:27 pm   /   Oil & Gas

Energean remains on track to deliver first gas from its Karish project offshore Israel during the first half of next year, the company said in its results statement. Energean remains on track to deliver first gas from its Karish project offshore Israel during the first half of next year, the company said in its results […]

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East Med

Eastern Mediterranean Gas: What Prospects for the New Decade? ISPI Opinion

Posted: March 10, 2020 at 9:58 pm   /   Oil & Gas

This Commentary Piece by Simone Tagliapietra was originally published by ISPI (Italian Institute for International Political Studies). The last decade has seen the eastern Mediterranean region become a hotspot of the global natural gas industry, attracting increasing attention from multiple stakeholders also as a result of its high geopolitical stakes. Notwithstanding this momentum, progress has […]

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spplatts-east-mediterranean

Infographic: East Med gas; monetization efforts pick up amid regional standoff – S&P Global Platts

Posted: March 8, 2020 at 1:38 pm   /   Oil & Gas

The East Mediterranean is home to numerous major gas finds, with key players seeking routes to market via gas pipeline pacts and establishment of the East Mediterranean Gas Forum (EMGF). Tensions in the region are increasing, however, as Turkey moves to drill in blocks licensed by Cyprus and the EU imposes sanctions against Turkey’s TPAO […]

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