Mediterranean Sea News

 

Eni Finds More Gas Offshore Egypt

Sep 16, 2020

Italian oil and gas company Eni, together with partner BP, has made a gas discovery in the Great Nooros Area offshore Egypt.Eni, a company which a few years back struck Egypt's largest gas find at the Zohr well in the Mediterranean Sea, on Wednesday…

Energean Sells More Karish Gas

Sep 16, 2020

Mediterranean-focused oil and gas company Energean has signed agreements to sell more gas from its Karish gas development off Israel.Energean said Wednesday it had signed two gas sales deals which, combined, represent quantities of gas of up to 1…

Turkish Drillship to Continue Operating in Disputed Waters off Cyprus Until Mid-Oct

Sep 16, 2020

Turkey said on Tuesday it had extended the operations of its Yavuz energy drillship in disputed Mediterranean waters off Cyprus until Oct. 12, in a move that could stir tension between the Greek Cypriot government and Ankara.Yavuz will be accompanied by three other Turkish ships…

Turkey's Seismic Vessel Oruc Reis Returns to Antalya

Sep 14, 2020

Turkey's seismic research vessel Oruc Reis returned to waters near the southern province of Antalya on Sunday, Refinitiv data showed, a move Greece said was a positive first step in easing tensions over offshore natural resources.But Turkish…

Report: Activist Investor Seeking to Break Up Noble Energy's Sale to Chevron

Sep 10, 2020

Activist investor Elliott Management is seeking to break up Noble Energy Inc's $5 billion sale to oil major Chevron Corp, a Bloomberg reporter tweeted on Wednesday.A notice posted on the U.S. Federal Trade Commission website on Tuesday showed the hedge fund had built a stake in Noble Energy…

Chevron's Interest in Leviathan Field Led to $5 Bln Bid for Noble Energy

Aug 11, 2020

Chevron Corp's $5 billion offer to acquire Noble Energy emerged after the U.S. oil major first proposed taking a stake of at least 50% in Noble's Eastern Mediterranean natural-gas fields, a proxy filing on Tuesday showed.If consummated, the all-stock merger will boost Chevron's U…

Chevron Can Lift Leviathan Gas Field to Global Stage, Delek Says

Aug 06, 2020

Chevron's entry into Israel's Leviathan natural gas field will help deliver the technical and marketing nous to turn the project into a global supplier, said the CEO of Delek Drilling, the energy giant's new regional partner.Chevron became the…

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