Mediterranean Sea

Exploration & Production , Lease Sales

Two Groups Bid In Israel’s Offshore Energy Tender

Israel’s energy ministry said the new activity will help position the country as a regional energy hub. But the results were not much of a rebound from a disappointing round two years earlier when, again, just two groups placed bids.

July 15, 2019

Deepwater

Turkey Says Second Ship Set To Drill Off Cyprus

A second Turkish drillship will begin drilling for oil and natural gas in the eastern Mediterranean within a week, Turkey's energy minister said, in a move which that could strain ties with Cyprus over jurisdiction rights for exploration.

July 6, 2019

Field Development , Pipelines

Delek Says Pipeline Checks Done, Gas Exports To Egypt By Year-end

Delek Drilling and its partner Noble Energy signed a landmark deal early last year to export $15 billion in natural gas from Israeli offshore fields Tamar and Leviathan to a customer in Egypt.

July 2, 2019

Exploration & Production

Greece Licenses Exxon Mobil, Total To Explore Untapped Waters Off Crete

The companies, in consortium with Hellenic Petroleum, have an eight-year research and exploitation license in two offshore blocks lying south and southwest of Crete.

June 27, 2019

Business , Exploration & Production

Israel Electric To Buy About $700 Million In Natural Gas From Leviathan

Delek Drilling said the Israeli state utility will buy about 4 billion cubic meters of gas from Leviathan, from the time it begins operation around Oct. 1, 2019, until June 30, 2021, or until the Karish Field comes online, whichever happens first.

June 12, 2019

Exploration & Production , International

Israel Open To US-mediated Talks With Lebanon On Sea Border

The dispute has led to years of brinkmanship with both sides promising to protect their resources and warning about encroachment.

May 28, 2019

Drilling

OTC EXTRA: Rubber Fireproofing Tiles For Offshore Environments

Lightweight fire protection tiles are combined with corrosion protection and anti-fatigue support.

May 6, 2019

Company Profiles , Exploration & Production , Field Development , Discoveries , Deepwater , Technology , Subsea

Key Players: Offshore Operators Foresee Vast Potential

These 25 offshore key players are increasing production and efficiencies.

May 1, 2019

Discoveries

Exxon Mobil, Total, Repsol Help Boost Global Oil, Gas Discoveries Volume

About 3.2 billion barrels of oil equivalent in conventional resources were discovered in first-quarter 2019, analysts say.

April 9, 2019

Field Development

Energean Brings Extended Reach Well Onstream Offshore Greece

The well was brought into production April 1 and is producing at a stable dry oil rate of more than 1,000 barrels of oil per day on a restricted choke, the company said in a news release.

April 8, 2019