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Tag: East Mediterranean
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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Damietta

Eni reaches agreement allowing the restart of Damietta LNG plant in Egypt

Posted: February 29, 2020 at 1:10 pm   /   Oil & Gas

Italian energy major Eni signed a series of agreements with paving the way for the restart of the Damietta liquefaction plant in Egypt by June 2020. Eni reaches agreement with partners to amicably resolve the disputes affecting Union Fenosa Gas allowing the restart of the Damietta liquefaction plant in Egypt. Eni has signed a series […]

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siemens

Egypt’s offshore prospects are even greater with the right technology – Siemens

Posted: February 24, 2020 at 3:59 pm   /   Oil & Gas

Article by Siva Krishnan; Vice President, Middle East & North Africa – Siemens Oil & Gas. Egypt is on the verge of transitioning from a net importer of gas into a regional gas hub, thanks to massive offshore discoveries in the Eastern Mediterranean. But abundance is only part of the equation – Egypt’s golden gas […]

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Energean CEO

Edison starts deepwater exploratory drilling for gas in Egypt; Energean CEO

Posted: February 15, 2020 at 2:48 pm   /   Oil & Gas

Italian energy group Edison has begun drilling an exploratory well in deepwater acreage in Egypt, not far from other giant east Mediterranean gas fields, the CEO of Israel-focused gas driller Energean said on Wednesday. Energean is in the process of taking over Edison’s Egyptian assets in a deal reached last year. “We’re drilling right now […]

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