Aphrodite News

Drilling Down Deep

Apr 25, 2019

Deepwater drilling is back and targeting ever deeper waters, from South Africa to Pakistan.Deepwater exploration is starting to get serious, again. If fact, French oil major Total is lined up to drill what will be a new deepwater drilling record later this year…

Cyprus Offshore Gas Discovery: Conflict or Hope?

Mar 03, 2019

Oil giant ExxonMobil, together with partner Qatar Petroleum (QP), made giant gas discovery to the east Mediterranean region after finding a gas-bearing reservoir offshore Cyprus and estimated in-place gas resources in the reservoir at 5 to 8 trillion cubic feet (tcf) of gas…

2017: Exploration hot spots

Dec 21, 2017

Senegal and Mauritania are set for a raft of activity as two major projects move towards putting both countries on the deepwater map, while Cyprus waits in the wings. Elaine Maslin reports. (First published in the December 2017 OE.) Rokhaya Diallo Gunning…

Hot air - MENA in the spotlight

Jun 27, 2017

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…

Ready for prime time

Jun 01, 2017

With some of the biggest recent gas discoveries on its doorstep, the Southern and Eastern Mediterranean could be prime to grow into a gas export hub – if the countries in the region can cooperate. EIC’s Andrew Scutter sets the scene. Installation…

Total's Cyprus well most critical for 2017

Jan 12, 2017

Driven by the success of Eni’s major Zohr field gas discovery offshore Egypt in 2015, companies are rethinking the Eastern Mediterranean region’s gas potential, according to new analysis from IHS Markit. Total’s announcement that it will…

Updated: Exxon, Eni, Total win Cyprus blocks

Dec 21, 2016

The government of Cyprus has selected companies, which include ExxonMobil, Eni, and Total, to negotiate exploration drilling terms for three blocks in the exclusive economic zone (EEZ) of Cyprus. Image of the 3rd licensing round map…

Oil majors bid for Cyprus blocks

Jul 27, 2016

Oil majors Statoil, Eni, Total and ExxonMobil have submitted rival bids for three exploration blocks offshore Cyprus in the country's 3rd Licensing Round.  Three blocks - 6, 8 and 10 - in the Mediterranean Sea were put on offer, with six applications made…

Six applicants for three Cyprus offshore blocks

Jul 25, 2016

Cyprus has received six applications from eight companies for the three blocks it put up in its 3rd Licensing Round for offshore exploration. The three blocks were Blocks 6, 8 and 10, in the Exclusive Economic Zone of Cyprus in the Mediterranean Sea…

Noble to divest 3% of Tamar

Jul 05, 2016

Noble Energy entered into a US$369 million definitive agreement with the Harel Group and Israel Infrastructure Fund (IIF) to offload 3% working interest in the Tamar field, offshore Israel. Image of the Tamar platform…

Bucking the trend

Apr 01, 2016

Chad Barnes reports that contrary to current industry norms, contracting activity in the Eastern Mediterranean and North Africa region is on the rise. The Eastern Mediterranean gas landscape and a focus on Egypt…

Egypt’s breadbasket

Apr 01, 2016

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…

Sea of opportunity

Apr 01, 2016

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…

Cyrus drilling delayed

Feb 01, 2016

Planned drilling at Block 12 offshore Cyprus gained a waiver from the government of Cyprus to carry out additional drilling outside of the Aphrodite area, upon the completion of the transfer of 50% of the rights of Noble Cyprus in Block 12 to BG Cyprus…

BG to take Aphrodite stake

Nov 23, 2015

BG Group secured 35% stake from Houston-based Noble Energy in Block 12 offshore Cyprus in a US$165 million farm out deal, which gives the UK deepwater and LNG focused company a piece of the Aphrodite natural gas discovery. Map of Cyprus…

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