Offshore oil and gas exploration spending in the Middle East is set to grow significantly over the next few years, as onshore resources mature and become more numbered, Rystad Energy said Friday.'The most bountiful petroleum plays in the Middle…
Lebanon has postponed a deadline for the submission of applications as part of its second licensing round for oil and gas acreage, Lebanon's energy minister Nada Boustani tweeted Monday.According to Reuters, which translated the tweet in Arabic…
Israel's $3.6 billion offshore Leviathan field started production on Tuesday, paving the way for multi-billion dollar gas export deals with Egypt and Jordan in the coming weeks.Natural gas began flowing from Israel's largest field despite regulatory…
Drilling and engineering contractor KCA Deutag has appointed a new chief executive Joseph Elkhoury, as current boss Norrie McKay prepares to retire. McKay will remain with the group in an advisory capacity until December 31, 2019, working closely with Joseph to ensure a smooth transition…
Italian multinational oil and gas company Eni has signed an exploration and production-sharing agreement (EPSA) with the National Oil and Gas Authority of Bahrain (NOGA) for Block 1.The signing took place in the presence of Sheik Mohamed Bin Khalifa Al Khalifa…
Italian oil and gas company Eni has signed an exploration and production sharing agreement covering Block A Offshore Ras Al Khaimah, UAE, as well as the relevant joint operating agreement.The agreement was signed between Eni and Nishant Dighe…
Lebanon announced on Friday five offshore blocks to be included in its coming bidding round for energy exploration and production licences, including four along disputed maritime borders.Offshore energy development has been a central ambition for successive governments in cash-strapped Lebanon…
Lebanon's government has approved a second offshore energy licensing round with bids to be submitted early next year, Energy Minister Nada Boustani said on Twitter on Thursday.Offshore energy development has been a central ambition for successive governments in cash-strapped Lebanon…
Gas resources abound in the Mediterranean but the challenges facing their monetization were highlighted at the opening plenary session of Offshore Mediterranean Conference (OMC) in Ravenna, Italy, this morning.On the one hand, gas exploration…
The Ministry of Energy & Water in Lebanon together with the Lebanese Petroleum Administration announced via their website the recommended blocks for bidding during the Lebanese 2nd licensing round for hydrocarbon exploration offshore Lebanon…
Lebanon's Council of Ministers has approved the awards of two exclusive petroleum licenses for exploration and production in Lebanese Blocks 4 and 9 for the consortium composed of Total, Eni and Novatek. The three companies, acting as a consortium…
Three companies, Eni, Total and Novatek, acting as a consortium have made the only bids in Lebanon's first offshore licensing round. The three companies together bid on Blocks 4 and 9, says the Lebanese Petroleum Administration. Block…
The Lebanese Petroleum Administration (LPA) has extended the application deadline for pre-qualified companies submitting bids in Lebanon’s first offshore licensing round from 15 September to 12 October. The change was made at the request…
Lebanon views its potential offshore gas resources as key to meeting its domestic energy demand. However, current conflicts may keep Lebanon’s offshore oil and gas industry off the starting block. Karen Boman reports. Open…
High hopes are pinned on gas as a transition fuel and there being markets to sell it to in the gas-rich Mediterranean. Elaine Maslin reports. Maersk Discoverer drilling in Egypt's Eastern Med Sea for BP…
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