Mediterranean Sea

Discoveries

Eni, TotalEnergies Make Significant Gas Discovery Offshore Cyprus

Operated by Eni, the Cronos-1 well encountered an important gas column in a carbonate reservoir sequence of properties ranging from fair to excellent, according to a company press release.

August 22, 2022

Crude Oil , International

Iran Tanker Retrieves Oil Seized by US, Set to Leave Greece

In April, the U.S. commissioned a tanker to impound Iranian oil off the coast of Greece.

August 15, 2022

Exploration & Production , Technology

E&P Highlights: Aug. 8, 2022

Here’s a roundup of the latest E&P headlines including new production and contract announcements from the past week in the upstream oil and gas industry.

August 8, 2022

Field Development

Cyprus, Chevron Press Ahead with Offshore Gas Field Development

Chevron and Cyprus are planning the drilling of a new well in the coming months as part of the continued development of the offshore Aphrodite gas field.

July 21, 2022

Exploration & Production

Egypt, Chevron Agree to Explore New East Med Gas Deal

Chevron signed an agreement with Egyptian Natural Gas Holding Co. to consider transport, import, liquefication and export of natural gas from offshore Mediterranean fields to Egypt.

June 21, 2022

International

Iran Expects Confiscated Oil Cargo to Be Returned in Full: Envoy

In response to the U.S. seizing oil cargo from an Iranian-flagged cargo ship last month, Iran announced it expects the confiscated cargo to be returned in full.

June 9, 2022

Exploration & Production , International

Israel Rejects Lebanese Accusation About Gas Field, Says Conflict Unlikely

Lebanon on June 5 warned against any activity in the disputed area, responding to the arrival of a vessel operated by London-based Energean to produce gas for Israel.

June 6, 2022

Trade , International

US Seizes Iranian Oil Cargo Near Greek Island

The U.S. will send Iranian oil confiscated from a Russian-operated and Iranian-flagged tanker to the U.S. The ship was impounded as part of EU sanctions on Russia for the invasion of Ukraine but later released.

May 26, 2022

Emerging Plays

Eni-Total Consortium Starts Exploratory Gas Drilling Off Cyprus

Eni and TotalEnergies began the drilling of an exploration gas well on Monday off the coast of Cyprus as part of the 'Cronos-1' project.

May 24, 2022

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