Mediterranean | Egypt Oil & Gas - Part 5

As Energy Demand Rises, Mediterranean Region Readies for the Challenge

Mediterranean states are on track to increase energy demand by 50 percent over the next 25 years, according to regional researchers, with the brunt of the growth falling on the southern part of the region.

BP Announces Second Major Natural Gas Discovery in Egypt’s East Mediterranean

PRESS RELEASE, BP Egypt announced today another important gas discovery in the North Damietta Offshore Concession in the East Nile Delta. The “Atoll-1” deepwater exploration well, currently being drilled using the 6t ...

EGAS Announces New Bid Round

EGAS announced a new international bid round for 2015 for 8 Blocks in the Mediterranean Sea with a total area of 11,849 km2.

Croatia Awards Exploration License to Eni

Eni was awarded an exploration license within the Croatian First Offshore Licensing Round. The License is referred to Block 9, which is situated in the Adriatic Offshore, a region where Eni is the exploration and pro ...

Lebanon launches gas exploration pre-qualification round

Lebanon launched a pre-qualification round for oil and gas exploration in its Mediterranean waters on Friday, the first step towards the planned award of contracts by March next year.

EGAS pushes back bidding deadline to February

Egypt's state-owned Egyptian Natural Gas Holding Company (EGAS) has postponed by three months the closing date for international companies to present bids for 15 oil and gas concessions due to weak interest in the te ...

Defense Ministry approves tender for gas exploration in Mediterranean

The Petroleum Ministry has obtained approval from the Defense Ministry for the Egyptian Natural Gas Holding Company (GASCO) to offer a tender for international companies to explore for gas in the Mediterranean Sea fo ...

Indian GSPC Drills $52 Million Dry Hole in the Mediterranean

Indian state-owned oil firm Gujarat State Petroleum Corporation (GSPC) has hit a dry hole in its Mediterranean Sea exploration lease after investing $52 million in the drilling operation. The operation came in the co ...

NOSPCO Drills New Mediterranean Well

North Sinai Petroleum Company (NOSPCO) has drilled a new developmental well in the company's concession in the Mediterranean Sea. The well, labeled TAO-SW-F ST-2, is part of the company's 2011-2012 development plan.

Abo Qir Completes Mediterranean Well

Abo Qir Petroleum Company has concluded the drilling of a new exploratory well in the company's development concession in Abu Qir North field, offshore Nile Delta as part of its drilling plan for the 2011-2012 fiscal ...

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