Australia-based explorer Po Valley Energy has been awarded a preliminary Production Concession for the 47 Bcf offshore Teodorico gas field in the northern Adriatic Sea – offshore Italy. The Teodorico gas field, within the AR94PY license area…
Greek explorer Energean Oil & Gas has reached an agreement with the Ministry of Economy of Montenegro upon Hydrocarbons Exploration and Production for offshore blocks 4219-26 and 4218-30. The proposed concession contract, joint operating…
Saipem has been awarded new engineering and construction contracts cumulatively valued at about €430 million. The work includes a contract with Statoil, for the lift and mating operations of offshore floating wind turbines for the Hywind Scotland project…
The Trans Adriatic Pipeline joint venture has awarded Saipem an engineering, procurement, construction and installation (EPCI) contract for the offshore section of the Trans Adriatic Pipeline project. Image of the Castoro 10…
Houston-based Hilcorp filed its plan with the US Bureau of Ocean Energy Management (BOEM) to build a self-contained island for drilling operations in the Beaufort Sea, offshore Alaska. Conceptual 3D rendering of the proposed Liberty Island…
Following the divestment of its share in the Shah Deniz gas field in Azerbaijan, Statoil has agreed to sell its 20% interest in Trans Adriatic Pipeline AG (TAP) to the Italian gas infrastructure company Snam SpA in a US$220.8 million (€ 208 million) deal…
Italy's ENI has completed track well GU2-Dir A at the Guendalina gas field in the Northern Adriatic, offshore Italy. The side track reached a planned total depth of 3276m, according to partner Rockhopper Exploration. All target horizons…
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…
Eni encountered gas at the Guendalina sidetrack well offshore Italy, according to partner Rockhopper Exploration. The well, located at the Guendalina gas field in the Adriatic Sea, reached its target depth of 3276m measured depth on schedule and budget…
Australia and UK-based Global Petroleum says it is seeing progress on its bid to gain blocks in the Adriatic Sea, but that the company is making cost reductions reflecting the low oil price and its lack of progress making an acquisition to grow its portfolio…
Northern Petroleum announced that the environmental impact assessments (EIA) for its three remaining exploration permit applications in the southern Adriatic have been approved. These approvals are in addition to the two EIA approvals for exploration permit applications announced on 10 June 2015…
Sound Oil, the European- and Mediterranean-focused upstream oil and gas company, has announced the approval of the environmental impact assessment for the award of the D503-BR-CS permit, covering Sound Oil's Dora and Dalla assets in the Adriatic Sea…
Italian regulators will allow London-based explorer Northern Petroleum to conduct 3D seismic data studies at two of its wholly-owned permit areas in the southern Adriatic Sea. The approval to conduct new seismic in permits F.R39.NP and F…
The first signs of a recovery in the oil price have been seen and opportunities are opening up in the Mediterranean for Europe to significantly reduce its reliance on energy imports, delegates at the 12th Offshore Mediterranean Conference (OMC 2015) heard this morning…
Trans Adriatic Pipeline AG (TAP) launched two pre-qualification contracts for the construction of the 105km offshore pipeline section under the Adriatic Sea. The contracts are for engineering, procurement, construction and installation (EPCI)…
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