Cyprus News

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…

Israel attempts to balance regulations, infrastructure with LNG growth

Oct 22, 2013

Israel first hit the international stage as an oil and gas country in 2003, when Houston-based Noble Energy discovered the Mari-B field. The Tamar and Leviathan fields were discovered 2009-2011. All are located in the Levant basin, which encompasses about 83…

Jumbo Wins Pipelay Contract From Sigur Ros

Sep 16, 2013

Jumbo announced that it has been awarded a contract by Malaysian pipelay contractor Sigur Ros. Under the contract, Jumbo will oversee transportation and installation of 126 gravity anchor spreads in water depths up to 1400m (4593ft), using the heavy-lift vessel…

Drilling due to start on Tamar

Sep 13, 2013

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…

Delek estimates Tamar Southwest resource

Aug 22, 2013

Delek Group released a resource assessment report on its Tamar Southwest project that showed an average 684 Bcf of estimated undiscovered gas reserves in place in the project. This value is the undiscovered resource potential in two sands…

Spectrum starts Croatian seismic

Aug 12, 2013

Norway-based multi-client seismic services firm Spectrum is to acquire 2D seismic offshore Croatia ahead of the country’s latest licensing round. Spectrum will acquire the seismic data using Cyprus-based Seabird Exploration. Seabird will acquire about 12…

Prosafe semisub contract extended in Mexico

Aug 07, 2013

Mexico’s Cotemar group announced that Safe Regency has been awarded a contract extension and option through 31 March 2014, continuing at US$75,000/day. The Safe Regency provides accommodation at Pemex's Cantarell field under a bareboat charter contract in the Gulf of Mexico…

Eni to drill off Cyprus in 2014

Jul 11, 2013

Eni’s CEO Paolo Scaroni, and COO of Exploration & Production Claudio Descalzi,  met with Cyprus President Nicos Anastasiades in the town of Nicosia today (July 11) in order to discuss the Italian explorer’s current and future local projects…

IMarEST Appoints 111th President

Jul 15, 2013

Andreas Chrysostomou has been appointed the 111th President of the Institute of Marine Engineering, Science and Technology (IMarEST) at its annual general meeting on 21 March 2013. Richard Vie has been appointed President Elect…

Total wins Cyprus blocks

May 15, 2013

Total entered two production sharing contracts with the Republic of Cyprus for blocks 10 and 11 as part of the country’s second offshore exploration licensing round. The licenses, southwest of Cyprus, extend over 2572 sq km and 2958 sq km…

Noble preps Aphrodite drilling

May 27, 2013

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…

Noble confirms Karish find

May 22, 2013

Noble Energy confirmed that it has made a natural gas discovery at the Karish prospect off Israel. The Karish discovery well, located in the Alon C license 20 miles northeast of Tamar field, encountered 184ft of net natural gas pay in high-quality lower Miocene sands…

Iversen to be Songa CEO

May 13, 2013

Songa Offshore has appointed Bjørnar Iversen as its new CEO just months after he joined the company as president of Songa Rig AS. Iversen will take up the new role, based in Cyprus, replacing interim CEO Jens Wilhelmsen, effective as of June 1…

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