Mediterranean Sea

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

Exploration & Production , Lease Sales

Lebanon Announces New Blocks For Offshore Energy Work

Offshore energy development has been a central ambition for successive governments in cash-strapped Lebanon, but political paralysis has caused years of delays.

April 5, 2019

Exploration & Production , Lease Sales

Lebanon Approves Second Offshore Gas Round

Lebanon is on the Levant Basin in the eastern Mediterranean where a number of big subsea gas fields have been discovered since 2009 in Cypriot, Israeli and Egyptian waters.

April 4, 2019

Field Development , Discoveries , Acquisitions & Divestitures

Report: Oil And Gas Discoveries Top 3 Billion Barrels In February

Operators around the world announced several huge discoveries with a total combined resource of over 13 trillion cubic feet of natural gas and 1 billion barrels of oil.

April 3, 2019

Crude Oil

Brent Nears $70 As Oil Prices Rise For Fourth Straight Day

Oil prices rose for a fourth day on Wednesday, pushing Brent towards a nearly five-month high of $70 a barrel.

April 3, 2019

Exploration & Production , Lease Sales

Petrobras May Bid In Israel Gas Exploration Tender

Israel is tendering 19 new offshore blocks to oil and gas companies

April 1, 2019

Subsea

Prosafe Wins Work For Safe Swift In Mediterranean Sea

Prosafe, acting as commercial managers for the Axis Offshore owned Safe Swift, has won a contract to support activities in the Central Mediterranean Sea on March 28.

March 28, 2019