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…
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…
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 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…
The Israeli Minister of National Infrastructure, Energy and Water Resources rejected Delek Group’s petition for Alon B/365, Alon F/369, Ruth A/358 and Ruth B/359 licenses offshore Israel. The rejection follows the Oil Commissionaire’s previous decision not to approve the extension request…
Jerry Lee reports on all the exploration and production activity currently ongoing in the Mediterranean and North Africa. The Maersk Discoverer drilling in Egypt’s East Mediterranean Sea. Photos from BP…
Noble Energy recorded a net loss of US$109 million for 2Q 2015, however managed to slightly increase its total sales volume. Image from Noble. 'Although these are challenging times in our industry…
Noble Energy’s Aphrodite in the Eastern Mediterranean has been deemed commercial, according to the Delek Group. Map of Cyprus. From Noble. Aphrodite is located offshore Cyprus…
Israel’s Delek Group is proposing a US$155 million deal to acquire 19.9% stake in Block 12, offshore Cyprus, from Houston-based Noble Energy. Map from Noble. Block 12 covers approximately 2684sq km in the Eastern Mediterranean Sea…
Noble Energy is in talks with officials in Cyprus over how to develop a gas field discovered in 2011, reports Reuters. The agency quotes Cypriot energy minister Yiorgos Lakkotrypis as saying discussions had also almost concluded with…
As Infield Systems prepares for the annual release of its Deep and Ultra-deepwater Market Report to 2018, we look to global development of the deepwater sector and the emerging trends over the forthcoming five years. Looking back over the previous five-year period…
In recent years, the oil and gas sector has focused heavily on exploration in frontier regions, seeking new opportunities in areas previously underexplored. However, given the competitive landscape, opportunities in more mature areas have also captured the industry’s interest…
Drilling on the South West Tamar prospect, offshore Israel, is due to start in the next two weeks, partners on the project have said. Delek Group, a partner on the Noble Energy-operated project, said the exploration well at South West (SW) Tamar prospect…
Noble Energy is to start drilling on Aphrodite 2 offshore Cyprus in the next two weeks, according to partners on the project. Delek Group, whose subsidiaries Delek Drilling and Avner are partners on Aphrodite in Block 12, said the work…
Like a Christmas present, what was widely rumored and anticipated following recent Israeli hydrocarbon discoveries, Houston’s Noble Energy announced in late December 2011 the results of its recent well in the Cypriot Economic Zone. It contains up to 9tcf of natural gas…
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