Mediterranean Sea

Emerging Plays , Deepwater , Discoveries

Rystad: More Deepwater Wells to be Drilled in 2024

Upstream majors dive into deeper and frontier waters while exploration budgets for 2024 remain flat.

February 29, 2024

Field Development , Artificial Lift , Subsea , Acquisitions & Divestitures

E&P Highlights: Feb. 26, 2024

Here’s a roundup of the latest E&P headlines, including interest in some projects changing hands and new contract awards.

February 26, 2024

Highlights , Discoveries

Cronos Appraisal Confirms Discovery Offshore Cyprus

Eni-operated block partner TotalEnergies says appraisal confirms the presence of significant resources and production potential in the block.

February 15, 2024

Exploration & Production , International

PGS Awarded Exploration Contract in Mediterranean

PGS’ contract has a total duration of approximately 160 days.

November 8, 2023

Deepwater , Earnings

Despite Spooky Start, Transocean Walking Out of Graveyard

Despite another quarter of losses, Transocean argues it is still poised for a strong 2024.

November 5, 2023

Crude Oil

What's Affecting Oil Prices This Week? (Oct. 09, 2023)

If the flow of oil is not disrupted amid conflict, Stratas Advisors expects the risk premium will start eroding and the previous price dynamics will return.

October 9, 2023

Exploration & Production

E&P Highlights: May 8, 2023

Here’s a roundup of the latest E&P headlines, including a major discovery in Turkey and a flurry of new contract awards.

May 8, 2023

Deepwater , Liquefied Natural Gas (LNG)

Leviathan Group Starts Plans for Israeli Floating LNG Terminal

"The development plan... will enable a significant increase in production to 21 Bcm a year," Ratio Energies' Yigal Landau said.

February 21, 2023

Exploration & Production , Transactions

Eni, TotalEnergies Complete Transfer of Lebanon Exploration Block Interest to QatarEnergy

Eni and QatarEnergy both hold a 30% interest in the offshore Lebanon Blocks 4 and 9, while operator TotalEnergies holds a 35% interest.

January 30, 2023

Exploration & Production , International

Libya to Sign Gas Deals with Italy's Eni, NOC's Bengdara Says

The deal involved the renewal of an existing agreement originally struck in 2008, according to Libya's National Oil Corp. head Farhat Bengdara.

January 26, 2023