Mediterranean Sea

Exploration & Production

Egypt’s Zohr Gas Field Output Rises To 2.7 Bcf/d

The minister, Tarek al-Molla, said in a statement that the current production level was reached four months ahead of schedule. There are now 12 wells in production in the field, the statement said.

August 21, 2019

Unconventional , Highlights , Discoveries , Shale Plays

Best Of This Week’s Drilling Activity Highlights (July 26, 2019)

Marathon Three Forks discovery, Marcellus completions from Chesapeake and Cabot plus an offshore discovery by Exxon Mobil top this week’s drilling activity highlights from around the world.

July 26, 2019

Exploration & Production , International

Turkey Says It Will Continue To Drill For Gas Offshore Cyprus

Move is designed to pressure Greek Cypriot government to accept a cooperation proposal by Turkish Cypriots.

July 15, 2019

Exploration & Production , Lease Sales

Two Groups Bid In Israel’s Offshore Energy Tender

Israel’s energy ministry said the new activity will help position the country as a regional energy hub. But the results were not much of a rebound from a disappointing round two years earlier when, again, just two groups placed bids.

July 15, 2019

Deepwater

Turkey Says Second Ship Set To Drill Off Cyprus

A second Turkish drillship will begin drilling for oil and natural gas in the eastern Mediterranean within a week, Turkey's energy minister said, in a move which that could strain ties with Cyprus over jurisdiction rights for exploration.

July 6, 2019

Field Development , Pipelines

Delek Says Pipeline Checks Done, Gas Exports To Egypt By Year-end

Delek Drilling and its partner Noble Energy signed a landmark deal early last year to export $15 billion in natural gas from Israeli offshore fields Tamar and Leviathan to a customer in Egypt.

July 2, 2019

Exploration & Production

Greece Licenses Exxon Mobil, Total To Explore Untapped Waters Off Crete

The companies, in consortium with Hellenic Petroleum, have an eight-year research and exploitation license in two offshore blocks lying south and southwest of Crete.

June 27, 2019

Business , Exploration & Production

Israel Electric To Buy About $700 Million In Natural Gas From Leviathan

Delek Drilling said the Israeli state utility will buy about 4 billion cubic meters of gas from Leviathan, from the time it begins operation around Oct. 1, 2019, until June 30, 2021, or until the Karish Field comes online, whichever happens first.

June 12, 2019

Exploration & Production , International

Israel Open To US-mediated Talks With Lebanon On Sea Border

The dispute has led to years of brinkmanship with both sides promising to protect their resources and warning about encroachment.

May 28, 2019

Drilling

OTC EXTRA: Rubber Fireproofing Tiles For Offshore Environments

Lightweight fire protection tiles are combined with corrosion protection and anti-fatigue support.

May 6, 2019