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Tag: Levantine Basin

EMGC '18: Eni sees rapid development of East Med natural gas with Zohr

Posted: March 23, 2018 at 5:15 pm   /   Oil & Gas

Opening Day 1 of Gulf Publishing Company’s fifth annual Eastern Mediterranean Gas Conference (EMGC) on March 21 was Yiorgos Lakkotrypis, Minister of Energy, Commerce, Industry and Tourism for the Republic of Cyprus. The Minister welcomed attendees and shared perspectives on energy development in Cyprus and throughout the region. Lakkotrypis’ talk was followed by a keynote […]

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FT: Egypt is most viable route for Europe to exploit East Med gas

Posted: January 13, 2018 at 6:48 pm   /   Oil & Gas

The opportunity that Levantine gas provides: Egypt is the most viable route politically to exploiting this resource. Gas pipelines often turn out more pipe dream than reality. Or, in the case of those that cross borders, they can involve projects that take so long to negotiate that by their completion the rationale for them has changed. […]

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OTC 2016: Egypt Rejuvenates Economy, Offers Opportunities for Oil and Gas Investment

Posted: May 7, 2016 at 12:34 pm   /   Oil & Gas

The discovery of the Zohr natural gas field, the largest in the Mediterranean region, has begun to rejuvenate prospects for the Egyptian economy. Located offshore Egypt, the Zohr field holds more than 30 Tcf of gas in place. Onshore site preparation began in March, and first gas to market is expected in December 2017. Tarek […]

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A wealth under the sea (ABO Oil Magazine)

Posted: May 7, 2016 at 12:14 pm   /   Oil & Gas

By Luca Bertelli, Chief Exploration Officer – Eni The Levantine Basin, in the eastern Mediterranean, covers the territorial waters of various countries (Egypt, Israel, Lebanon, Cyprus, and Syria) and an area of approximately 80,000 km2. From a geological point of view, the basin borders to the South with the wide sedimentary Nile Cone, to the […]

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