Mediterranean Sea

Natural Gas , Infrastructure , Pipelines

Proposed EastMed Gas Pipeline is Not Viable: US Diplomat

Cyprus, Israel and Greece have been considering a pipeline connecting east Mediterranean gas discoveries to Europe, but the project took a setback when the U.S. pulled its political support for the project in January.

April 7, 2022

Exploration & Production , Policy & Regulations

Greece to Accelerate Stalled Gas Exploration Off Crete, Ionian Sea: Sources

Greece has had indications of significant gas reserves, in the order of hundreds of billion cubic meters, according to sources.

April 5, 2022

Highlights , Shale Plays

Best of This Week’s Drilling Activity Highlights (Oct. 29, 2021)

Chesapeake and Southwestern Marcellus wells in Pennsylvania, a Shell Oil deepwater Gulf of Mexico discovery plus Birch Spraberry completions in the Permian Basin top this week’s oil and gas drilling activity highlights from around the world.

October 29, 2021

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of Sept. 22, 2021

Here’s a snapshot of recent energy deals including Shell’s U.S. shale exit through the $9.5 billion cash sale of its Permian Basin position to ConocoPhillips.

September 22, 2021

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of Sept. 15, 2021

Here’s a snapshot of recent energy deals including the sale by Colgate Energy of the Permian Basin water assets it had recently acquired as part of its $508 million acquisition from Occidental Petroleum.

September 15, 2021

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of Sept. 8, 2021

Here’s a snapshot of recent energy deals including Enbridge’s $3 billion purchase of the largest crude export terminal in North America located along the Texas Gulf Coast.

September 8, 2021

Exploration & Production , Acquisitions & Divestitures

Delek Finalizes $1 Billion Sale of Stake in Chevron-operated Tamar Field

The Tamar Field, operated by Chevron, is one of Israel’s primary energy sources and can produce 11 billion cubic meters of gas a year.

September 2, 2021

Exploration & Production

Israel Electric Set to Extend Natural Gas Deal with Tamar

The Tamar partners said the agreement is to expand the sale of gas by more than $2.2 billion through 2030.

July 6, 2021

Exploration & Production

Turkey Could Expand Drilling in Eastern Mediterranean amid Territorial Dispute

Turkey has already opened eight boreholes in the region, Donmez said, Energy Minister Fatih Donmez said.

May 24, 2021

Exploration & Production

Israel Directs Chevron to Restart Tamar Gas Field

Production at the Tamar platform was expected to reach full capacity within 36 hours of its restart, Chevron said in a statement May 21.

May 21, 2021