ExxonMobil Egypt, a subsidiary of U.S. oil giant ExxonMobil, has made a gas discovery as part of a drilling campaign in the North Marakia Block offshore Egypt.The drilling of the Nefertari 1 well at an area with at a water depth of 1,720 meters in the western region of the Mediterranean Sea was conducted using Valaris’ drillship Valaris DS-9.Gas bearing reservoirs were encountered. ExxonMobil said it will continue to evaluate the results…
Ocean Winds, a joint-venture formed by EDP Renewables and Engie, has secured a 250 MW floating offshore wind project in the sixth tender of the French Ministry of Industry and Energy.The project, called Eoliennes Flottantes d'Occitanie (EFLO)…
French Ministry of Industry and Energy has selected EDF Renouvelables and Maple Power to design, build and operate a 250 MW floating offshore wind farm in the Mediterranean.The project was selected following the sixth offshore wind tender by the French government…
The CEO of Israel-focused gas producer Energean on Thursday urged Israel to issue new offshore oil and gas exploration licences to meet rising demand in the region.Speaking to Reuters, Mathios Rigas also called on governments to develop new export routes from Israel to neighbouring Egypt and Cyprus…
ExxonMobil will drill a well off Cyprus in January in its pursuit of natural gas, a senior executive said on Thursday, one of several energy majors focusing on the region as Europe diversifies from Russia.The east Mediterranean has yielded some major gas discoveries in recent years…
QatarEnergy has entered into an agreement with Chevron to acquire a 23% working interest in the concession agreement for the North El-Dabaa (H4) Block, in the Mediterranean Sea, offshore Egypt.According to the agreement, QatarEnergy will acquire a 23% interest…
Oil and gas company Energean has lifted the second oil train for its floating production, storage, and offloading (FPSO) unit operating in the Mediterranean Sea, offshore Israel.The post-lift, installation and commissioning activities are expected to take up to six months to complete…
Italian multinational oilfield services company Saipem has pre-qualified to carry out EPCC works for Production Platform E – part of the $8 billion Structures A&E Development Project, which aims to increase Libya's gas production.Led by Mellitah…
Maritime Developments (MDL) has supported Italian underwater contractor Rana Diving in a rigid pipe installation in the Mediterranean.MDL’s 2-track tensioner spread was mobilized onboard a moored barge - AD3 - to install 4 km of 4-inch rigid pipeline off the east coast of Italy…
Egypt's Ministry of Petroleum and Mineral Resources signed two agreements with international companies on Sunday to invest $340 million to boost oil and gas production in the Mediterranean and Gulf of Suez.After discussions between Egypt's Petroleum…
Oil and gas company Energean has taken final investment decision (FID) for the Katlan development project in Israel, outlining the plan for the first gas in the first half of 2027.The Katlan area will be developed in a phased approach through a subsea tieback to the existing Energean Power FPSO…
TechnipFMC has secured a ‘large’ integrated Engineering, Procurement, Construction, and Installation (iEPCI) contract by oil and gas company Energean for its Katlan development in the Mediterranean Sea.This is Energean’s first project to use TechnipFMC’s configure-to-order Subsea 2…
Saipem has secured a contract for the supervision and the subsea intervention services of the GreenStream pipeline, throughout the offshore and onshore sections at Libya and Italy terminals.The new contract, awarded by GreenStream, one of the leading midstream players in the Mediterranean Sea…
Renexia, a Toto Holding company active in the renewable energy sector, together with its partner Seas Geosciences, has entered the second phase of coring the seabed where the wind turbines of Med Wind, the 2.8 GW floating offshore wind farm project offshore Italy…
QatarEnergy has signed a farm-in agreement with ExxonMobil to acquire a 40% participating interest in two exploration blocks offshore Egypt.Under the terms of the agreement, which is subject to customary approvals by the government of Egypt…
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