Zohr production drops in Q1
Egypt’s Zohr field produced 5.1 billion cubic metres of gas in the first quarter, according to Russia’s Rosneft.
Israel
Ithaca’s Delek under pressure to refinance loans
Delek Group’s reliance on restructuring its debt and selling its assets in order to cover its liabilities has led it to note some concerns that it would able to continue as a going concern in its annual report.
Builders sought for EastMed pipe
IGI Poseidon has invited companies to submit plans for the offshore parts of the proposed EastMed gas pipeline, which will run from the southeast Mediterranean into Europe via Greece and Cyprus.
Coronavirus threatens Karish development
Energean Oil and Gas has issued a warning of the potential impact of the novel Coronavirus on the construction, and therefore timetable, of the hull for its floating production, storage and offloading (FPSO) vessel for its Karish field.
Bomb attack fails to disrupt Israeli gas to Egypt flow
A pipeline in Egypt’s Sinai has been bombed, according to reports on February 2, but imports from Israel have continued unabated.
Israeli gas flows into Egypt
Gas exports from Israel’s Leviathan field to Egypt began on January 15.
Russia, Turkey call for Libya ceasefire
Russia and Turkey have called for a ceasefire in Libya, to come into force as of midnight January 12.
Leaders from Israel to Greece set to sign EastMed pipe deal
Cyprus President Nicos Anastasiades, Greek Prime Minister Kyriakos Mitsotakis and Israeli Prime Minister Benjamin Netanyahu will on Thursday sign an accord for the construction of the Eastern Mediterranean natural gas pipeline.
Giant Israel gas field brings energy security and health anxiety
A decade after its discovery was lauded as a guarantor of Israel’s energy security, the giant Leviathan natural-gas field started production Tuesday. But instead of anticipating a coal-free future, residents living near the gas platform have abandoned their homes for a day.
Israel endorses Egypt gas exports
Israel has approved permits to export gas to Egypt, from offshore fields. First exports are expected in January.
US backs Israeli gas flows to Egypt
Egypt and Israel have signed a natural gas supply deal at the Investment for Africa Forum, with the US government stepping in to provide insurance on the agreement.
Energean FPSO undocks in China
The Energean Power hull has undocked from the COSCO shipyard, in Zhoushan, China, and floated out.
Energean to drill Karish North next year
Energean Oil and Gas said today that it will drill an exploration well in the Karish North prospect, offshore Israel, in the first quarter of 2019.
Oil climbs as Israel and Iran clash after Trump’s sanctions move
Oil extended gains above $77 a barrel as a conflict between Israel and Iran ratcheted up, increasing prospects for tighter global supply after the U.S. renewed sanctions on OPEC’s third-largest producer.
Energean gets nod for Karish-Tanin vessel design
Assurance body DNV-GL has approved Energean Oil & Gas's design for a new-build floating production vessel for a major oilfield development off Israel.
Israeli gas company announces export deal with Egypt
An Israeli energy company has announced a 15 billion dollar (£10.6 billion) deal to supply natural gas to Egypt, in the largest export agreement to date for Israel's nascent natural gas industry.
Total enters exploration block close to Lebanon-Israeli border dispute
French energy giant Total has entered into an oil and gas field in close proximity to the Israeli-Lebanese border dispute in the Middle East.
Noble Energy selling Tamar stake for $800 million
Houston's Noble Energy said it will sell a 7.5 percent stake in its large Tamar gas field offshore of Israel in the Mediterranean for $800 million.
Israel gas prices take a hit after high court opens door for lawsuit
Israeli gas stocks were headed for their biggest losses in more than three months after the High Court opened the door for a future lawsuit against the firms that sell fuel to the country’s largest energy consumer.
Energean gets green light for Israeli offshore gas fields
Israel has approved Energean's field development plan (FDP) for two offshore natural gas fields in the Mediterranean.
Shell mulls stocking Egyptian plant with gas from Israel, Cyprus
Shell is seeking creative solutions to bring gas from Israel and Cyprus to market, a step that could help turn the Mediterranean region into a major gas-producing hub.
Energean signs oil and gas supply agreements
Energean Oil & Gas’ subsidiary Energean Israel has signed agreements for the supply of natural oil and gas from the Karish and Tanin fields, offshore Israel.
Ithaca boss pledges security for staff in Delek takeover
Bosses at Ithaca Energy said it would be “business as usual” for the North Sea oil producer following its anticipated takeover by Israeli firm Delek Group.
Greece’s Energean to spend up to $1.5bln on Israeli offshore gas project
Energean Oil & Gas plans to build its own production system in the Eastern Mediterranean at a cost of up to $1.5billion to tap two offshore Israeli gas fields.
Energean’s $148m deal for Israeli gas fields cleared
Israel’s petroleum council has sanctioned Energean Oil and Gas’s $148million deal for two assets in the Mediterranean.