Italian energy industry services company Saipem has secured offshore oil and gas field construction contracts in Guyana and Egypt worth about $1.2 billion in total.In Guyana, the U.S. oil major ExxonMobil has hired Saipem to support its Uaru offshore oil field development project…
Israel's energy ministry on Tuesday announced the launch of the fourth bidding round for gas exploration rights in Israeli waters.As part of the fourth offshore exploration bidding round, four groups of exploration licenses (Zones) will be offered…
French oil major TotalEnergies has launched a tender for an offshore drilling rig to be used next year to drill in Lebanon's Block 9 in the Mediterranean Sea.Patrick Pouyanné, Chairman and CEO of TotalEnergies, received Lebanon's, Minister of…
Lebanon has again extended the deadline for applications to explore for hydrocarbons in eight offshore blocks, the energy ministry said on Friday.The deadline had already been extended several times, most recently from June until Dec. 15. Lebanon’s…
An underwater pipeline to carry green hydrogen between Barcelona and Marseille will cost around 2 billion euros ($2.1 billion), according to preliminary estimates of the project agreed between Spain, Portugal and France, two sources told Reuters…
U.S. oil company Chevron has reportedly made a gas discovery at the Narges-1X well in the Mediterranean Sea, offshore Egypt.The news was first shared by MEES, which cited an unnamed source, according to which Chevron has found 3.5tcf of gas…
The Egyptian Natural Gas Holding Company has awarded BP stakes in two exploration blocks in the Mediterranean Sea, off the coast of Egypt. The Northwest Abu Qir Offshore Area - in which BP, as the operator, holds 82.75% and Wintershall-Dea holds 17…
The Norwegian offshore seismic survey company PGS said Thursday it had secured a 3D exploration acquisition contract in the Mediterranean with an unnamed independent energy company. The company's 104.2-meter-long and 70-meter-wide Ramform Hyperion vessel will start the survey in late November…
U.S. oil major Chevron has been given more time to drill the A3 appraisal well in the Aphrodite gas field, 160 km south of Limassol, offshore Cyprus.NewMed Energy, partner in Chevron-operated Block 12 in the Mediterranean Sea, said Thursday…
The Dutch offshore installation firm Van Oord said Thursday that its Nexus cable layer had this week rescued 49 refugees in the Mediterranean Sea. 'The cable-laying vessel was contacted by the Malta Rescue Coordination Center to give support…
French oil major TotalEnergies and its Italian partner Eni have signed a framework agreement with Israel to implement the agreement on the maritime boundary, which was reached between Israel and Lebanon on October 27, 2022.In Lebanon, TotalEnergies is the operator of the exploration Block 9…
Helleniq Energy will start a process to acquire more advanced data for potential gas reserves in two offshore blocks in the Ionian Sea in the coming weeks, its top executive said on Thursday. Greece has had indications of significant gas reserves…
Greece issued an advisory on Tuesday saying the vessel Sanco Swift will conduct seismic surveys to locate potential natural gas reserves off the Peloponnese peninsula and west and southwest of the island of Crete.Prime Minister Kyriakos Mitsotakis announced the plan during an interview on Monday…
Oil and gas company Energean said Monday it had made a commercial gas discovery at the Zeus- 01 prospect, in the Mediterranean Sea, offshore Israel. The company also said that contingent resources at Athena discovery, also in Israel, had been upgraded following post-well analysis…
Israeli and Lebanese leaders finalised a U.S-brokered maritime demarcation on Thursday, bringing a measure of accommodation between the enemy states as they eye offshore energy exploration.Leaders from Lebanon, Israel and the United States have…
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