Cyprus News

Noble in talks over Aphrodite

Jan 29, 2015

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…

Leviathan looms

Jan 01, 2015

Sarah Parker Musarra examines Israel’s Leviathan field’s potential and separates fact from misconception. The Tamar field, which was turned around from discovery into production in only four years…

Eni, Kogas strengthen African presence

Oct 17, 2014

Italian major Eni and Korea Gas Corp. (Kogas) signed a cooperation agreement that will allow the two to jointly pursue global opportunities in a number of areas including the upstream and LNG sectors.  Image from Kogas…

Deep Sea Supply secures contracts

Sep 23, 2014

Cyprus-based Deep Sea Supply has won multiple contract awards with an international major subsea contractor covering about 1000 vessel days.   The three paltform supply vessels of PX105 design Sea Spider, Sea Springer and Sea Spark have been awarded contracts for ten…

Ichthys hits halfway mark

Jun 25, 2014

Inpex’s Australian Ichthys LNG project has reached 50% completion less than two-and-a-half years after its final investment decision was made, the Japanese operator announced on 25 June 2014. The company said that the semisubmersible pipelay…

Analyst weighs in on Lebanon

Jun 17, 2014

With attractive exploratory potential, the Levant basin off Lebanon, presents an opportunity for international oil companies (IOC) to position themselves in the promising eastern Mediterranean region, an analyst with research and consulting firm GlobalData says…

Songa Offshore selects IFS software for fleet

Apr 23, 2014

Cyprus-based Songa Offshore SE, an international midwater drilling contractor active in the North Atlantic basin, has chosen to deploy IFS Applications for Offshore Service to support its onshore and offshore operations. The contract includes…

Global exploration prospects: 2014 and beyond

Jan 15, 2014

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…

Excelerate completes 500th ship-to-ship LNG transfer

Dec 23, 2013

Excelerate Energy L.P. completed its 500th commercial Ship-to-Ship (STS) transfer of LNG on September 23, 2013 in Escobar, Argentina at the GNL Escobar LNG import facility. Using Excelerate Energy’s regasification vessel, Exemplar and the conventional LNG carrier SCF Arctic…

SeaBird's shallow water seismic vessels busy in SE Asia

Dec 05, 2013

Seabird Exploration has two shallow-water 3D seismic vessels working in Southeast Asia: Voyager Explorer (4x6000m streamers) and Aquila Explorer (4x8000m streamers), although the Aquila Explorer is currently equipped for 2D acquisition…

Renowned energy expert Economides dies

Dec 03, 2013

Renowned energy expert Prof. Michael J. Economides suffered a fatal heart attack this past weekend on an international flight from Madrid to Chile. He was 64. Economides was a professor at the University of Houston’s Cullen College of…

Noble Energy’s Cyprus A-2 flow test

Oct 04, 2013

Noble Energy, Inc. announced that the A-2 appraisal well drilled on the Block 12 discovery off Cyprus encountered about 120ft of net natural gas pay within Miocene-aged sands. The Cyprus A-2 well, which is more than four miles northeast of the A-1 discovery location…

Global Briefs: November 2013

Nov 07, 2013

Transboundary may head to committee The US Senate bill ratifying the US-Mexico Transboundary Hydrocarbon Agreement, S. 812, is reportedly on its way to a conference committee. The Senate’s version of the bill, passed last month (October)…

Noble revises Cyprus estimates

Oct 03, 2013

Noble Energy, Inc. has downgraded the gross resource potential of its A-2 appraisal well, drilled on the Block 12 discovery offshore the Republic of Cyprus. With the reserve potential initially set between 5-8Tcf, the company has now lowered its figures to 3…

Pemex job for Oleg Strashnov

Oct 29, 2013

Seaway Heavy Lifting (SHL) has won a contract with Permaducto SA de CV for an offshore installation project in Mexico.  Under the contract, SHL will execute work offshore Mexico in a joined offshore program for Pemex’s KuMaZa/Cantarell project…

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