Mediterannean News


First Gas from Karish FPSO in 1H 2021 as Hull Works Take Longer than Expected

Jan 31, 2020

Greek oil company Energean has said that its Karish development in the Mediterranean Sea off Israel is on track for first production in the first half of 2021. Energean has previously said that the first gas is expected to start flowing in the first quarter of 2021…

Egypt Inks Exploration Deals with Exxon

Jan 28, 2020

Egypt has signed two deals with Exxon Mobil Corp for oil and gas exploration in the Mediterranean, the petroleum ministry said on Tuesday. The deals involve a minimum investment of $332 million, the ministry said in a statement. Exxon Mobil announced the acquisition of more than 1…

Shearwater Wins Seismic Survey Gig in Med

Nov 07, 2019

Norwegian offshore seismic service provider Shearwater GeoServices Holding has been awarded a 3D seismic survey in the Eastern Mediterranean.The one-month survey would be executed in the fourth quarter of 2019, the global provider of 3D marine seismic data acquisition…

ADES Wins 2nd Deepwater Drilling Gig in Egypt

Oct 13, 2019

The oil rig contractor ADES International PLC  has won a second deepwater drilling campaign in the Egyptian Mediterranean area, from  an undisclosed oil company.The offshore driller said that the contract was signed for deepwater drilling in the Egyptian Mediterranean area…

Exxon, Total to Explore off Crete

Jun 27, 2019

Greece on Thursday awarded licences to ExxonMobil and Total to search for hydrocarbons off the island of Crete, marking the country's first major foray into an oil and gas search in the region.The companies, in consortium with Hellenic Petroleum…

Chariot Eyes 1 Tcf in Moroccan Licence

May 09, 2019

UK-based Atlantic focused explorer Chariot Oil & Gas says its Anchois-1 gas discovery and nearby prospects in the Lixus Offshore Licence, off Morocco, contains 1 Tcf.Following completion of an independent competent persons report (CPR), it also says a nearby prospect…

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