Mediterranean Sea News

 

Israel's NewMed Moving Forward with Aphrodite Gas Field Offshore Cyprus

May 24, 2022

Israel's NewMed Energy [formerly known as Delek Drilling] on Monday said it was moving forward with the development of the Aphrodite natural gas field offshore Cyprus and reported a drop in quarterly profit as new tax regulations took effect.The company said it had made a decision with its partners in Aphrodite 'to engage with a drillship to drill the first production well in the reservoir.'It did not disclose details of the timeline…

BP Secures Rights to Offshore Block in Egypt

Jun 29, 2022

British oil major BP has won the rights to an exploration block in the Mediterranean Sea, offshore Egypt.Accoridng to a press statement sent to Offshore Engineer by BP, the company won the rights to the The King Mariout Offshore area, located…

Vestas' Wind Turbines for Eolmed Floating Wind Farm

Jun 27, 2022

Danish offshore wind turbine maker Vestas will deliver wind turbines for the 30 MW Eolmed floating offshore wind farm, to be located 18 km off the coast of Gruissan and Port-la Nouvelle, France, in the Mediterranean Sea.The project, owned by Qair…

Egypt's EGAS, Chevron to Explore New East Med Offshore Gas Deal

Jun 22, 2022

Egypt's state-owned gas company and U.S.-based Chevron Corp on Monday signed a preliminary agreement to explore sending natural gas from offshore Mediterranean fields to Egypt for processing and export.The memorandum of understanding signed…

Stena Drilling Bags Further Drillship Work with Energean in East Med

Jun 22, 2022

Mediterranean Sea-focused oil and gas company has exercised its options to drill two further wells offshore Israel using Stena Drilling's drillship Stena IceMAX.The drillship, which was used to make the Athena gas discovery last month, has just…

TotalEnergies Books Vantage Drilling Drillship

Jun 10, 2022

Offshore oil and gas drilling company Vantage Drilling International has entered into a drilling services contract with the oil major TotalEnergies in respect of its ultra-deepwater drillship, the Tungsten Explorer. The contract is for a minimum…

EU Looking to Boost Gas Imports from Israel, Egypt to Cut Reliance on Russia

Jun 09, 2022

The European Commission has proposed a deal to EU member states with Egypt and Israel to boost imports of natural gas from the eastern Mediterranean, according to a draft document seen by Reuters dated June 7.The draft memorandum of understanding…

Lebanon to Invite U.S. Envoy for Maritime Talks After Spat with Israel

Jun 06, 2022

Lebanon said on Monday it would invite a U.S. mediator to Beirut to continue negotiations over a disputed maritime boundary with Israel to prevent any escalation after accusing Israel of encroaching on contested waters.The issue flared up on…

Lebanon Warns Against Any Israeli 'aggression' in Disputed Waters as Energean Power FPSO Reaches Karish Field

Jun 06, 2022

Lebanon warned Israel on Sunday against any 'aggressive action' in disputed waters where both states hope to develop offshore energy, after a ship arrived off the coast to produce gas for Israel.President Michel Aoun said any activity in the…

Israel Renews Gas Exploration, Expects Export Deal to Europe

May 30, 2022

Israel is renewing offshore natural gas exploration and hopes to reach an agreement soon for exporting gas to Europe, Israel's energy minister said on Monday.Energy Minister Karine Elharrar had said exploration for new gas fields would be put…

Energean Power FPSO to Reach Israel in Early June. First Gas in Q3

May 26, 2022

Oil and gas company Energean said Thursday that the first gas from its Karish gas development in the Mediterranean Sea, offshore Israel, was expected to start flowing in the third quarter of 2022.The company said that the Energean Power FPSO…

Eni, TotalEnergies Start Drilling on Cronos-1 Prospect Offshore Cyprus

May 23, 2022

Italy's Eni and TotalEnergies of France began drilling an exploration gas well off the coast of Cyprus on Monday, the island's energy ministry said.The Tungsten Explorer drillship arrived on location south-west of the island on Monday and started drilling work on the 'Cronos-1' prospect…

Shell to Acquire Exxon's Block 3 Offshore Egypt

May 18, 2022

A subsidiary of Shell plc, BG International, signed a farm-out agreement (FOA) with ExxonMobil Egypt to acquire a 100% stake in the Exxon Mobil-operated North East El-Amriya offshore area, Mediterranean Sea, also known as Block 3, a Shell statement said on Wednesday…

Israel Boosting Offshore Gas Output, Looks to Help Supply Europe

May 16, 2022

Israel is boosting offshore natural gas output and aims to reach a supply agreement with Europe in the coming months as the continent looks to replace the Russian supply.The country is on track in the next few years to double production to about…

Energean Sells More Karish Gas as Energean Power FPSO Leaves Singapore

May 03, 2022

Oil and gas company Energean, focused on bringing online the Karish gas field offshore Israel, said Tuesday it had signed a new Karish gas sales deal for up to 0.8 bcm/yr. It also said that the Energean Power FPSO, which will be used to produce gas from the Karish field…

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