Mediterranean Sea News

Lebanese Official Says Qatar Wants to Join Oil & Gas Consortium in Eastern Med

Oct 14, 2022

Lebanon's caretaker energy minister said on Friday that Qatar has expressed an interest in joining a consortium involving Eni and TotalEnergies that is exploring for oil in the eastern Mediterranean sea.A post on the official cabinet Twitter account…

Egypt Wants to Develop Gaza's Offshore Gas Field

Oct 13, 2022

Egypt is aiming to take over the development of Gaza's offshore natural gas field, Egyptian and Palestinian officials said, in what would be a boost for the cash-strapped Palestinian economy. While Egypt and Israel have been producing gas in the eastern Mediterranean for years…

Israel Fast-tracks Lebanese Maritime Deal but Lawmaker Review Looms

Oct 12, 2022

Top Israeli ministers on Wednesday endorsed a U.S.-brokered deal to delineate a maritime border with Lebanon, paving the way for a potentially fractious two-week parliamentary review before it goes into force.Prime Minister Yair Lapid's security cabinet said the deal should be 'urgently' green-lit…

TotalEnergies Set to Explore for Gas in Lebanese Waters, says Energy Minister

Oct 11, 2022

Lebanese caretaker energy minister Walid Fayyad said that French gas giant TotalEnergies would begin the process of exploring for gas in Lebanese waters as soon as a maritime border deal with Israel is concluded.Fayyad made the comments after meeting a senior TotalEnergies delegation in Beirut…

Israeli PM: Israel, Lebanon Reach Historic Deal on Maritime Border

Oct 11, 2022

Israel and Lebanon have reached 'a historic agreement' on their maritime border, Israeli Prime Minister Yair Lapid said on Tuesday. “This is a historic achievement that will strengthen Israel’s security, inject billions into Israel’s economy…

Israel, Lebanon Closing in on Maritime Border Deal

Oct 06, 2022

Lebanon and Israel are closer than ever to signing a deal demarcating their maritime border, opening the door to new oil and gas exploration, after years of U.S.-brokered negotiations.While limited in scope, the agreement is set to ease security and economic concerns in both countries…

Energean Makes Gas Discovery at Hermes Well Offshore Israel

Oct 06, 2022

Oil and gas company Energean said Thursday it had made a commercial gas discovery at the Hermes exploration well in the Mediterranean Sea, offshore Israel.The Hermes exploration well, located in block 31 offshore Israel, has discovered between 7 and 15 bcm of gas…

Israel Upbeat on Draft Lebanese Demarcation Deal, Sees Gas Profit Sharing

Oct 03, 2022

Israel gave its preliminary nod on Sunday to a draft U.S.-brokered deal demarcating a maritime border with Lebanon that may lead to profit-sharing in a disputed Mediterranean gas prospect. Hoping to defuse one source of conflict between the hostile countries and prod them toward accommodation…

Eni, Total Make 'Significant' Gas Find Offshore Cyprus

Aug 22, 2022

TotalEnergies TTEF.PA of France and Italy's Eni ENI.MI on Monday announced a significant natural gas discovery at the Cronos-1 well off Cyprus.The island reported its first natural gas discovery, Aphrodite, in 2011, measuring around 4.5 trillion cubic feet (tcf) and now run by U…

Turkey's New Drillship to Operate Outside Disputed Waters in Mediterranean

Aug 10, 2022

Turkey resumed its hydrocarbon drilling operations in the eastern Mediterranean on Tuesday after a two-year hiatus, though President Tayyip Erdogan said its new drillship would operate outside waters also claimed by Cyprus.The Abdulhamid Han…

Turkey Sends New Oil and Gas Drillship to the Mediterranean

Aug 09, 2022

Turkey sent its new hydrocarbons drilling ship to the Mediterranean Sea on Tuesday but President Tayyip Erdogan said it would operate 55 kilometres (34.18 miles) off Turkey's coast, in an area outside waters also claimed by Cyprus.Speaking at the launch ceremony in the southern province of Mersin…

Cyprus: Chevron to Deliver Aphrodite Field Development Concept by 2022 End

Jul 21, 2022

Cyprus' Ministry of Energy, Commerce, and Industry and Chevron on Thursday affirmed their 'mutually beneficial cooperation in viably and efficiently developing' the Aphrodite gas field, offshore Cyprus, with the plan to have a development concept ready by the end of the year…

Hezbollah: 'No one' will Extract Gas From Maritime Zones if Lebanon Unable To do So

Jul 14, 2022

The head of powerful armed group Hezbollah warned on Wednesday that 'no one' would be allowed to operate in maritime oil and gas fields if Lebanon was barred from its 'rights' in extracting from areas off of its own coast.'If you don't give us the rights that our state is asking for…

Hezbollah Sends Drones Towards 'Gas Rig' at Israel's Karish Offshore Gas Field

Jul 04, 2022

Lebanon's Hezbollah said on Saturday it had sent three unarmed drones towards an Israeli Mediterranean gas rig , which the Israeli military said it had intercepted. [Reuters illustrated the news with a photo of Stena Drilling's Stena IceMax drillship]…

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…

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