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The Vassiliko gas-fired power station in Cyprus. LNG

Cyprus presses on with FSRU despite pipeline proposal

Proposals for a pipeline linking Cyprus to Israeli offshore fields are not deterring the island from plans to install an FSRU.

18 July 2018
Exploration & Production

New well drilled in Egypt’s Nooros field

A new development well at Egypt’s offshore Nooros gas field in the Nile Delta has been completed, Petroleum Minister Tarek el-Molla has said

18 July 2018
The eastern districts in Old Tripoli, Lebanon LNG

Companies to bid on Lebanon FSRUs as doubts linger

Lebanon's energy ministry wants to start importing LNG as soon as possible, but the country's political situation could complicate matters.

17 July 2018
Exploration & Production

SDX Energy completes Egypt production tests

SDX Energy has completed production tests on the SD-4X appraisal well in its South Disouq permit in Egypt.

16 July 2018
Limassol, Cyprus Exploration & Production

IOC schedule pushes back Lebanon service base decision

Exploration in Lebanon will not take place until late 2019, meaning the country has more time to develop an onshore service base.

13 July 2018
Exploration & Production

Saudi Arabia leads drop in Middle East drilling

The number of rigs targeting gas in the Middle East fell in June, driven by declines in Saudi Arabia.

13 July 2018
Exploration & Production

Egypt signs three oil and gas exploration agreements

Egypt’s government has signed three accords to explore oil and gas resources across the country

13 July 2018
Companies & Finance

EEHC fails to secure loan from Banque Misr

Egyptian Electricity Holding Co. (EEHC) has not secured a $230 million loan from Banque Misr,

12 July 2018
Exploration & Production

Weatherford to sell drilling operations in Algeria, Kuwait and Saudi Arabia

A subsidiary of Weatherford International has agreed to sell its onshore drilling operations in Algeria, Kuwait and Saudi Arabia as well as two idle rigs in Iraq to ADES International Holding.

12 July 2018
Donald Trump signing withdrawing from the Iran nuclear deal Policy & Regulation

Iran-Oman-India pipeline in limbo after US action

The return of sanctions against Tehran threatens the future of the SAGE project, making it difficult for the company to find financiers and pipeline contractors.

12 July 2018
Companies & Finance

ADNOC CEO holds meeting with Chinese industry leaders

ADNOC CEO Sultan Ahmed al-Jaber has held a meeting with leaders from China’s oil and gas, refining and petrochemical industries.

11 July 2018
BP drilling off Egypt Exploration & Production

East Med gas players vie to keep export options open

The several large gas fields set to come online in the region will find themselves competing for the same export capacity.

6 July 2018
Exploration & Production

SDX spuds final Egypt well

SDX Energy has spudded the second of two appraisal wells at its South Disouq permit in Egypt,

6 July 2018
Policy & Regulation

Israeli court dismisses environmental concerns at Karish-Tanin

Israel’s Supreme Court has dismissed a petition submitted by two environmental groups against the Karish-Tanin development.

5 July 2018
Exploration & Production

First well starts up at Libya’s Bahr Essalam Phase 2

Libya’s National Oil Corp. and Eni have started up the first well of Bahr Essalam Phase 2.

5 July 2018
Pipelines, Storage & Power

Israel to Jordan gas pipeline begins construction

Construction of a pipeline to transport Israeli gas to Jordan is under way, and gas will start flowing by 2020.

5 July 2018
Global Markets

Turkey’s gas-fired power boost may be short-lived

Despite an increase in gas demand for power generation in 2017, the outlook for gas-to-power in Turkey looks uncertain.

4 July 2018
A drillship offshore Israel Pipelines, Storage & Power

Israel’s Delek sets aside cash to export gas to Egypt

Delek’s shareholders have voted to prioritise the company’s plan to export Leviathan gas to Egypt via pipeline.

3 July 2018
Exploration & Production

BP starts up Shah Deniz 2

BP has started up Phase 2 of its Shah Deniz development in Azerbaijan, the company announced on Monday.

2 July 2018
Exploration & Production

Eni has not made a new Egyptian discovery – Descalzi

Eni has denied it has made any new gas discoveries in Egypt.

2 July 2018

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