Cypriot firm Ocean Energean Oil and Gas is to buy 100% interest in the Tanin and Karish fields in the Mediterranean Sea, offshore Israel, for US$148.5 million. Delek Group, Avner Oil Exploration and Delek Drilling have agreed to sell their 26…
Offshore exploration could soon be on the agenda in Lebanon after the country's Prime Minister Tamam Salam was asked to place what would be the first licensing round on the agenda of cabinet meetings as soon as possible. The intention…
DNV GL – Business Assurance USA, Inc. issued Noble Energy a certificate of compliance to the SEMS (Safety and Environmental Systems) standard, which represents the highest criteria for safe operations of offshore drilling platforms. This…
Work on Israel’s giant deepwater Leviathan field could be back on track after a new agreement on the country’s oil and gas terms. Noble Energy, which operates the field, had put forward its revised Leviathan development plan earlier this year…
Ultra-deepwater exploration on the Atlantic margin could be the opportunity the offshore industry is looking for, according to geoscience firm Spectrum. Elaine Maslin reports. Maersk Venturer drillship…
Heather Saucier examines the geology of the Mediterranean and North African region, and assesses where more discoveries could be made. The location of four assessment units in the Nile Delta Basin Province in the Eastern Mediterranean…
Italian major Eni has found what could be the biggest gas deposit in the Mediterranean and the company is eager to develop it. Jerry Lee reports. Egypt Nile Delta. The Zohr discovery, in the Shorouk block…
The Delek Group is moving forward to advance the Leviathan development plan with an accelerated plan for first gas to flow in 2019, as the Israeli company revealed it has already begun discussions with Israel’s government ministries to reach a solution to the stability clause…
Partners on the massive Israeli Leviathan gas field have submitted a new plan for the field to the country's authorities which will decrease its cost by some US$1 billion, increase production capacity by 5 Bcm, and bring the project onstream in Q4 2019…
Two Israeli firms are eying a multi-trillion cubic feet deepwater gas field offshore Israel. According to a resource report by Netherland, Sewell & Associates, the Og field lower sand contains 8.84 Tcf best estimate, unrisked gross prospective…
Noble Energy received the green light from the Israeli government on 17 December, to move forward with the development of Leviathan and the Tamar expansion, despite a last attempt from the Israeli Forum for the Protection of the Coastline that petitioned the High Court to not approve the plan…
Petroceltic has opted to exit stakes in Greece and Egypt, following an announcement by the company's board that it has initiated a formal strategtic review of its business and assets due to breaching debt repayment obligations. In the 23 December announcement…
The Delek Group and its Leviathan partners are setting the record straight by refuting recent media reports regarding Leviathan’s development field plan. Map of Leviathan. From Noble Energy. Media…
The Mediterranean and North African region is largely considered to be a promising frontier oil and gas area, and yet, border tensions, and internal disputes have seriously held back exploration efforts. Audrey Leon surveys the prospects…
Image from Wood Group. Wood Group Mustang has promoted Kent McAllister to the position of president, Offshore Business Unit. He was previously executive vice president for the business unit…
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