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Tag: East Mediterranean
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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Egypt USA

Egypt and United States of America Launch Strategic Energy Dialogue

Posted: September 15, 2019 at 2:12 pm   /   Oil & Gas

Egyptian Minister of Petroleum and Mineral Resources Tarek El-Molla, Egyptian Minister of Electricity and Renewable Energy Mohamed Shaker and U.S. Deputy Secretary of Energy Dan Brouillette launched the U.S.-Egypt Strategic Energy Dialogue, which will facilitate closer government and private sector cooperation on energy between the United States and Egypt. The Strategic Energy Dialogue between the […]

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World Energy Congress

Egypt’s Petroleum Minister: Business over politics in gas-rich East Med

Posted: September 12, 2019 at 7:28 pm   /   Oil & Gas

“I think that energy and, specifically now, gas is very important,” Tarek el Molla told CNBC’s Hadley Gamble at the World Energy Congress in Abu Dhabi on Tuesday. The forum, which aims to establish a regional gas market and offer more competitive prices, was launched earlier this year. It consists of Egypt, Jordan, Israel, Italy, […]

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