Mediterranean News

 

First Gas from Energean's Karish Field Could Be Delayed for 2022

Jan 21, 2021

Energean said on Thursday the first gas from its flagship Israeli fields, due to start flowing at the end of this year, could slip by two to three months.The company said this was due to delays to increasing the workforce that is building its floating production, storage, and offloading vessel in Singapore, which was due to sail to Israel towards the end of the third quarter 2021.Energean said this was primarily due to Covid-19 working conditions…

EU Official Urges Turkey to Resolve issues with Greece, Cyprus over Offshore Gas Rights

Apr 07, 2021

European Council President Charles Michel called on Turkey to keep working to resolve disputes with Greece and Cyprus over gas rights in the Mediterranean as he visited Ankara on Tuesday to discuss trade and refugees with President Tayyip Erdogan…

Energean Sells More Gas from Karish Field

Dec 17, 2020

Energean, an oil and gas company focused on developing its Karish gas field offshore Israel, has signed agreements to sell more gas from the project.The company said Thursday its 70 percent-owned subsidiary Energean Israel had entered into a…

East Mediterranean: Six Countries Form Gas Forum in Egypt

Sep 22, 2020

Six states signed a charter for an Egypt-based energy forum on Tuesday, giving formal status to a group that seeks to promote natural gas exports from the eastern Mediterranean and that Israel hopes will strengthen ties with Arab neighbors.Egypt…

EU Calls for End to Tensions in East Mediterranean

Aug 31, 2020

The European Union's executive called on Monday for dialogue with Turkey and demanded that Ankara refrains from unilateral steps that stoke tensions in eastern Mediterranean.Should dialogue not bear fruit, a spokesman for the European Commission told a briefing on Monday…

ACE Winches Wraps Karish Gas Pipeline Shore-Pull Work

Aug 27, 2020

UK-based company ACE Winches has this week completed a shore-pull project in Israel for a 2.7km 30” gas sales export pipeline for the Energean's Karish gas development in the south-east Mediterranean Sea.Working with TechnipFMC, the main EPC contractor for the offshore gas field development…

VIDEO: Suction Anchors Installed Off Israel for Energean Power FPSO

Aug 24, 2020

London-listed oil and gas company Energean has informed that suction anchors, designed to keep the Energean Power FPSO in place at the Karish field off Israel, have been installed.Energean said Monday that the installation of the suction anchor took less than three weeks to complete…

Turkish Seismic Vessel to Extend Stay in Disputed Waters in Mediterranean

Aug 24, 2020

Turkey said on Sunday that its Oruc Reis exploration vessel will now carry out seismic surveys in a disputed part of the eastern Mediterranean until Aug. 27, in a move likely to stoke tensions in the region.Turkey and Greece, NATO allies, vehemently…

Opinion: Turkey-Greece Conflict in Mediterranean Might Not be About Gas (Only)

Aug 21, 2020

The worsening stand-off in the eastern Mediterranean, frequently described as a gas conflict, has been gaining momentum. It may seem a strange time to be fighting over gas when prices remain in a slump due to weak demand and investors withdrawing…

Erdogan: No threats can Deter Turkey's Exploration in Mediterranean

Aug 19, 2020

No threats can deter Turkey from seeking natural resources in the eastern Mediterranean, President Tayyip Erdogan said on Wednesday, adding that Ankara expects actors in the region to take steps to de-escalate tensions.Greece and Cyprus are…

Cyprus: EU 'Appeasement' of Turkey in Exploration Dispute will Go Nowhere

Aug 17, 2020

Cyprus on Monday criticized European Union partners over what it said was diffidence amounting to 'a policy of appeasement' in dealing with Turkey, locked in a stand-off with Cyprus and Greece over energy exploration in the eastern Mediterranean…

Greek, Turkish Warships in 'Mini-Collision' Amid Mediterranean Exploration Dispute

Aug 14, 2020

A Greek and a Turkish warship were involved in a mini-collision on Wednesday during a standoff in the eastern Mediterranean, a Greek defense source said, describing it as an 'accident'.Tensions have risen this week after Turkey sent a survey vessel to the region…

France to Increase Mediterranean Military Presence over Turkish Oil & Gas Exploration

Aug 13, 2020

France will increase its military presence in the eastern Mediterranean, President Emmanuel Macron said on Wednesday, calling on Turkey to halt oil and gas exploration in disputed waters that has heightened tensions with Greece.The French leader…

Delek Sells $2.25B of Bonds to Finance Leviathan Gas Field

Aug 05, 2020

Israel's Delek Drilling said on Wednesday it will pay an average interest of 6.28% in a $2.25 billion international bond offering to help it finance the development of the Leviathan natural gas project off Israel's Mediterranean coast.Following a roadshow…

Egypt Says Turkish Seismic Survey Plans Could Encroach on Its Waters

Aug 03, 2020

Egypt said on Saturday that part of a seismic survey planned by Turkey in the eastern Mediterranean potentially encroached on waters where Cairo claims exclusive rights.An advisory issued last month by Turkey for the survey overlaps with Egypt's exclusive economic zone (EEZ)…

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