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

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

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.

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 du ...

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 ...

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