Mediterranean | Egypt Oil & Gas - Part 6
EGAS Signs Deal with Norwegian’s PGS to Conduct Largest Mediterranean Seismec Project
Egypt’s state-owned gas company EGAS will carry out the largest seismic oil and gas exploration project in the Mediterranean, seeking data that could attract global exploration companies, it said. EGAS said it has sig...
PGS to Map Egypt’s Offshore Natural Gas Potential
Egypt signed on Thursday a deal with Norwegian seismic surveyor PGS company to carry out the largest seismic exploration project in Egypt’s territorial waters in the Mediterranean Sea, EGAS said. The exploration...
Cyprus’ Offshore Fields Now Commercially Exploitable
Cyprus announced on Sunday that offshore reserves in its Aphrodite gas field have been pronounced commercially exploitable, the first such development in four years of energy exploration. US firm Noble Energy (NYSE: N...
EU Looks to Mediterranean to Diversify Gas Supply
The European Commission is preparing a ‘diplomatic energy action plan’ to diversify the EU’s natural gas supply sources, with plans for tapping Algeria’s huge unexploited reserves, and a comprehensive LNG strategy due...
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. According t...
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 6th...
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. The blocks offered as part of the bid round are: Block 1 West Arish Marine; Block 2 East Por...
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 prod... 
