BP bats away doubts over long-term focus on Egypt
Some experts are unconvinced that BP is committed to Egypt over the long term, despite its push to develop the offshore Atoll field.
6 April 2016
Eni’s Zohr sale causes concern for Cairo
The possibility Eni may sell down its stake in the Zohr field is making Egypt nervous, but the conditions of sale mean any buyer would be committed to the terms already agreed with Cairo.
24 March 2016
Egypt’s forex controls damaging small gas companies
Limited access to dollars is hurting Egypt’s small energy companies, despite some moves by the government to address the problem.
16 March 2016
Egypt has yet to reveal its LNG strategy
Egypt’s plans for a third FSRU are facing delays because the country is struggling to pay for its LNG supplies.
1 March 2016
Leviathan players unconcerned by latest setback
A crucial clause in Israel’s gas market framework has caused political deadlock, but companies in the sector are unfazed by the stalemate.
19 February 2016
Political power plays hold up Lebanese gas
A host of concerns about possible corruption and political interference are proving major stumbling blocks to setting up Lebanon’s gas sector.
15 February 2016
Is Turkey now Egypt’s rival for East Med gas?
Turkey may be favoured over Egypt when it comes to finding a home for East Mediterranean gas, despite an agreement last week between Greece, Cyprus and Israel to look into building a pipeline to Europe.
4 February 2016
Egypt looks to UK as hub model
With domestic gas reprioritised, Egypt is looking for ways its existing facilities can be utilised in cooperation with other players in the Mediterranean.
28 January 2016
New gas estimates leave Israelis hoping
Discoveries at Israel’s Daniel licences are potentially sizeable, but their commercial viability will depend heavily on whether Leviathan’s tentacles reach Israeli shores.
21 January 2016
Egypt pays off juniors but major debts still loom
Egypt is continuing to reduce its energy debts, with juniors in the country now paid up, but this may have knock-on effects on payments to majors.
5 January 2016
Israeli gas deal heralds new dawn for upstream players
Israel has finally signed its gas framework into law after a year of delays, to the relief of upstream developers Delek Group and Noble Energy.
18 December 2015
Egypt begins Ain Sokhna LNG expansion
Egypt is building an energy hub on the Red Sea to satisfy the country’s huge demand for gas and solve its supply security problems.
17 December 2015
Israel could use ICC arbitration ruling as leverage
Egypt could be forced to import Israeli gas if Israel makes use of an international court order for Cairo to pay its neighbour nearly $2 billion.
9 December 2015
BG’s Aphrodite benefits worth more than cash
Although it appears BG paid under the odds for Noble’s Aphrodite stake, the larger company’s experience and financial clout will prove invaluable.
3 December 2015
Iraqi oil deal boosts Egypt’s energy hub ambitions
Importing oil and gas from Iraq will increase Egypt’s chances of becoming a regional player in the hydrocarbons sector, despite Cairo’s high energy bill.
23 November 2015
Israel to open up offshore for exploration
Israel’s energy ministry has been given the go ahead to open up its offshore territory to explorers once its new gas regulatory framework comes into effect.
20 November 2015
Overcoming Israel’s gas licence blockage
The Zohr gas find has the potential to spur exploration in the East Mediterranean, but Israel may struggle, with many of its licences tied up by smaller companies.
16 November 2015
Terror threat looms large over Egypt’s gas sector
The prospect of greater security risks in Egypt has not yet shaken the nerve of IOCs operating there, even though the oil and gas industry is a major target.
12 November 2015
Foreign players race to sign gas agreements in Egypt
Gas explorers and producers in Egypt are rushing to sign deals before the inauguration of the country’s first parliament in more than two years in December.
5 November 2015
Eni in talks with East Med players on regional hub
Eni is looking at developing a regional gas hub in the East Mediterranean and is in discussions with key players about the use of Egypt’s LNG plants.
29 October 2015Viewing 21-40 of 88 articles