Israel's Delek Drilling, a company that owns a stake in the giant Leviathan gas field offshore Israel, and in the undeveloped Aphrodite gas field offshore Cyprus, is changing its name to NewMed Energy. Apart from changing the name, the company…
A consortium of ExxonMobil and QatarEnergy has signed an exploration and production sharing contract with the Republic of Cyprus for the offshore Block 5 located southwest of the island.This is QatarEnergy’s second exploration block in the Republic of Cyprus…
Turkey on Thursday accused Cyprus of violating its continental shelf by awarding an exploration license in the Mediterranean to Exxon Mobil and Qatar Petroleum, adding it will not allow unauthorized exploration in its jurisdiction.For decades…
U.S. oil major ExxonMobil has started drilling the Glaucus-2 well in Block 10, offshore Cyprus, to better understand the size of the giant Glaucus-1 gas discovery made in the block back in 2019.The news was shared this week by the Cypriot Ministry of Energy…
Oslo-listed offshore energy investment firm Standard Drilling announced it has sold the platform supply vessel Standard Princess for $10.3 million.The Cyprus-headquartered company said Wednesday it completed the transaction after announcing a memorandum of agreement to sell the vessel in November…
U.S. oil major ExxonMobil has awarded a drilling contract to drilling contractor Stena Drilling for the Stena Forth drillship.ExxonMobil will use the drilling rig for operations offshore Eastern Canada, in the second half of 2022. The contract is for one firm well…
Turkey sent a Greek Cypriot research vessel away from what it says is its continental shelf in the Mediterranean on Sunday after it entered the area without permission, Turkey's Defence Ministry said, in a sign of renewed tensions.For decades…
Israel is considering the construction of a new onshore pipeline to Egypt in order to quickly boost natural gas exports to its neighbour in the wake of the recent tightening of global supplies, the Israeli energy ministry said.The pipeline,…
Turkey will carry on exploring for oil and gas in the eastern Mediterranean, Turkish President Tayyip Erdogan said on Friday in comments that may revive tensions with the European Union and Greece amid attempts to repair their frayed ties.Turkey…
Turkey's state-owned energy company TPAO has applied for a licence to explore for [oil and gas] in the eastern Mediterranean, the Turkish Energy Ministry said in a statement in the country's Official Gazette on Friday.According to a Turkish map database…
Norwegian seismic data firm PGS has begun the first phase of the Cyprus Vision data rejuvenation project in partnership with the Cypriot Ministry for Energy, Commerce, and Industry.'This 14 750 sq. km PSDM re-processing endeavor will deliver…
Turkey has discovered 135 billion cubic meters of additional natural gas in the southern Black Sea, President Tayyip Erdogan said on Friday, raising the total discovery in the region to 540 billion cubic meters.Last year, Turkey's drillship…
Hydrographic marine survey company Nicola Offshore and Cyprus Subsea Consulting and Services C.S.C.S. Ltd (C.S.C.S.) have signed a commercial partnership agreement.The goal of the partnership, as shared in a press release on Wednesday, is to…
European Council President Charles Michel called on Turkey to keep working to resolve disputes with Greece and Cyprus over gas rights in the Mediterranean as he visited Ankara on Tuesday to discuss trade and refugees with President Tayyip Erdogan…
Israel and Cyprus have reached an understanding over gas reserves straddling their maritime border, the Cypriot energy minister said on Tuesday, in a key step towards resolving a nine-year impasse over offshore spoils.Development of the Aphrodite…
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