Israel | Egypt Oil & Gas - Part 7

Jordan Diversifying LNG Sources, Israel on Alert

Jordan's National Electric Power Company (NEPCO) expects to import 20 % of its gas needs from the spot liquefied natural gas (LNG) market in 2016 and 2017.

Israel Secures Offshore Gas Field with Air Missiles

Israel is reported to have successfully tested an advanced surface-to-air missile to play a crucial role in securing the country's offshore gas fields and to extend its aerial defense.

Egypt to Import Gas From Leviathan

Delek Group announced in a press release the signing of a Letter of Intent to export natural gas from the Leviathan Project to Egyptian consumers.

Aphrodite Gas Within Egypt’s Reach Thanks to BG Deal

The energy minister of Cyprus, Yiorgos Lakkotrypis, announced on Monday that a move by British oil and gas company BG International to buy a stake in Cyprus’ offshore mineral deposits was an important step forward fo ...

Noble Energy Poised to Sell Stake if Israeli Cabinet Overrides Knesset

Noble Energy (NBL) has agreed to sell its 47% stake in two undeveloped gas fields in the eastern Mediterranean to Israeli partner Delek Group for $67m.

Noble Energy: Still Room for Gas Exports to Egypt

“Reports of the death of the (gas) market in Egypt have been greatly exaggerated” says Noble Energy Vice President and Country Manager for Cyprus Gene Kornegay. The Noble Executive spoke at The Economist Cyprus Summi ...

Israel Invites Oil Majors Following Nationwide Anti-Monopoly Protests

Israel is inviting international oil companies to further explore its offshore waters for natural gas, Israel’s Minister of National Infrastructure, Energy and Water Resources Yuval Steinitz announced.

Israeli PM Meets Italy’s Eni to Discuss Regional Cooperation

Italian energy giant Eni issued a press release on the recent meeting held in Jerusalem between its CEO, Claudio Descalzi, and the Israeli Prime Minister, Benjamin Netanyahu, and the Infrastructure, Energy and Water ...

Petroleum Minister: New Discovery Not to Affect Israeli Gas Imports

Sherif Ismail, the Egyptian Petroleum minister saying that the discovery of the Zohr natural gas field off Egypt will not undermine private-sector negotiations about buying gas from Israel.

Update 1: Eni Provides Full Report on Mega-Gas Find in Egypt

The Ministry of Petroleum and Mineral Resources announced in a press release that the petroleum Minister, Sherif Ismail, received a report from Eni Chief Executive Claudio Descalzi concerning the company's deepwater ...

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