Mediterranean Sea

Acquisitions & Divestitures , Trends

Energy A&D Transactions from the Week of July 1, 2020

Here’s a snapshot of recent energy deals including a $5 billion divestiture by BP as the London-based major shifts its focus to low-carbon energy.

July 1, 2020

Subsea , Pipelines

Saipem Scores Baltic Pipe Deal worth $350 Million

Saipem has been awarded a contract by Gaz-System SA for the transportation and installation of a natural gas pipeline between Denmark and Poland in the Baltic Sea.

May 4, 2020

Exploration & Production

Energean Ups Gas Estimates in Its Israeli Karish North Field

The Karish North Field, according to an expert report typically used in the industry, contains 2C resources of 34 billion cubic meters (Bcm) of gas and 39 million barrels (MMbbl) of oil.

April 9, 2020


Best Of This Week’s Drilling Activity Highlights (March 6, 2020)

Marcellus and Haynesville well completions by Chesapeake Energy plus EOG Resources’ recent Eagle Ford and Wolfcamp shale discoveries top this week’s drilling activity highlights from around the world.

March 6, 2020

Exploration & Production

Lebanon Plans To Begin Drilling For Oil, Gas Offshore This Week

A consortium of France’s Total, Italy’s Eni and Russia’s Novatek signed an agreement with Lebanon in 2018 to explore for oil and gas in two offshore blocks.

February 26, 2020


Best Of This Week’s Drilling Activity Highlights (Feb. 21, 2020)

Three Haynesville producers in De Soto Parish, La., Marathon Middle Bakken completions and a Barnett Shale discovery by Devon Energy top this week’s drilling activity highlights from around the world.

February 21, 2020

Field Development , Deepwater

Egypt Agrees To Deepwater Exploration Deal With Exxon Mobil, Chevron, Others

Egypt has reached initial agreements with five major energy firms to explore for oil and gas in deep waters in off its western coast on the Mediterranean, the petroleum minister said.

February 17, 2020

Earnings , Exploration & Production , Shale Plays

Noble Energy Takes Over $1 Billion Charge Related To Eagle Ford Assets

Noble Energy President Brent Smolik, in a post-earnings conference call, said the company would consider monetizing the Eagle Ford Shale asset "if somebody came with a big enough check."

February 12, 2020

Exploration & Production

Israel’s Leviathan Gas Group Seeks Partners To Expand

Central to progress will be a multibillion-dollar FLNG terminal that would float in the eastern Mediterranean and allow exports to Europe, Yigal Landau, CEO of Ratio Oil, a minority partner in Leviathan, told Reuters.

February 12, 2020

Field Development

Delek Expects Leviathan Expansion Investment Decision In 2020

The offshore Leviathan project came online a month ago and is already supplying Egypt and Jordan with natural gas.

February 3, 2020