Cyprus hopes to develop plans for a pipeline linking it to Israel's east Mediterranean gas fields during talks which start next month, the island's top energy official told Reuters.Proposals by the new centrist Cypriot government, which came to power in March…
France-based Nexans has announced an expansion in its presence in the offshore wind and interconnection market, by adding a third cable laying vessel to its fleet.This strategic decision will allow the Group to meet the increasing demand for electrification…
Transocean Barents, Transocean's semi-submersible drilling rig, which is used to operating in harsher environments such as those in Norway, the UK, and Canada, is now moving to the Mediterranean Sea.Namely, TotalEnergies has informed that the…
BP and Azeri national oil company Socar have taken part for the first time in an Israeli licensing round for natural gas exploration, the latest sign of growing international interest in the Eastern Mediterranean basin, sources said.BP and Socar…
Cyprus wants to establish itself as a gateway from east Mediterranean gas resources to Europe via a shipping corridor of LNG carriers, its president said on Monday. Cyprus's new centrist government, which came to power in February, has cooled…
Cyprus and Israel are in talks over the construction of a pipeline linking their offshore gas fields, Cyprus's energy minister said on Monday.But George Papanastasiou appeared to play down prospects for an 'EastMed' pipeline taking eastern Mediterranean gas to continental Europe…
Chevron is seeking a [drillship] to explore for natural gas off Cyprus, Egypt, and Israel as the U.S. energy major looks to meet growing demand in the region and Europe, two sources told Reuters.Chevron, which operates in the three eastern Mediterranean countries…
Energy group Edison plans to take the final investment decision on a proposed pipeline to deliver east Mediterranean gas to European markets by the end of this year, the Italian project developer told Reuters. The EastMed-Poseidon pipeline,…
Qatar's state-owned energy company on Wednesday signed a deal to acquire from ExxonMobil stakes in two Canadian offshore explorations block, the latest in the Gulf state's efforts to expand its global oil and gas portfolio.QatarEnergy, the world's largest producer of liquefied natural gas (LNG)…
Gas producer Energean is looking at options to increase the capacity of its floating production storage and offloading (FPSO) vessel off Israel to 12 billion cubic meters (bcm) a year, CEO Mathios Rigas told Reuters on Thursday. The FPSO is…
Greece has concluded two-dimensional (2D) seismic surveys for two offshore blocks off the island of Crete, under its renewed drive to identify potential gas reserves, the state-owned energy resources company said on Monday. Greece, which views gas as a transition fuel as it ramps up renewables…
Turkey on has accused Cyprus of increasing tension in the Eastern Mediterranean after a consortium of Italian and French energy companies found more natural gas off the island earlier this week.Cyprus's hydrocarbon activities 'have been carried out unilaterally…
Italian oil firm Eni, in partnership with the French oil company Total, has made a gas discovery at the Zeus-1 well, in Block 6, offshore Cyprus.The news was initially reported Wednesday by the Cypriot media and Reuters, and eventually confirmed by TotalEnergies…
In a tumultuous year of change in the world, high impact drilling in 2022 remained at a similar level to 2021, with 81 high impact wells completing (Figure 1). Performance improved with discovered resource increasing from 7.4bnboe in 2021 to a preliminary estimate of 9…
Welligence expects global offshore exploration drilling activity in 2023 to remain relatively steady year-on-year, with the majors driving much of the activity in their core regions. Two areas with big impact potential - the Atlantic Basin and…