Mediterranean Sea
Highlights
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.
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.
Highlights
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.
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.
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."
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.
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.
Exploration & Production
Egypt Signs Two Mediterranean Deals With Exxon Mobil
The deals involve a minimum investment of $332 million, the petroleum ministry said in a statement.
Field Development , Natural Gas , Pipelines
Israel Starts Exporting Natural Gas To Egypt Under Landmark Deal
Israel will initially export 200 million cubic feet of gas per day to Egypt, two Egyptian industry sources said.
Trends
A&D Transactions From The Week Of Jan. 8, 2020
Here’s a snapshot of recent energy deals including the sale of Shell’s remaining Haynesville position plus the closing of Callon’s $2.7 billion merger with Carrizo Oil & Gas.