Italian energy major Eni has signed an agreement with Egypt and Cyprus for the development and export of Cyprus Block 6 gas through Egypt鈥檚 existing infrastructure.The agreement outlines a comprehensive framework enabling a rapid development of the Cronos gas discovery offshore Cyprus, as the gas will be transported and processed in existing Zohr facilities to be then liquefied in the Damietta liquefied natural gas (LNG) plant for export to European markets鈥
A deal for Carlyle to buy assets from Energean for up to $945 million is at risk of collapse as some regulatory hurdles are yet to be cleared ahead of a deadline this week, Energean said on Monday.The two companies reached an agreement last鈥
The Cypriot government has approved the updated plan for the Aphrodite gas field, filed by Chevron-led consortium, which will see the construction of a floating production unit (FPU) and a pipeline for exporting gas to Egypt.Following Cypriot government鈥檚 approval of the plan鈥
An ExxonMobil-led consortium will move to the second phase of seismic research for gas exploration in a block off the Greek island of Crete, Greece said on Thursday.Hellenic Hydrocarbons and Energy Resources Management Company (HEREMA) said鈥
Carlyle will form a new Mediterranean-focused oil and gas company led by former BP CEO Tony Hayward after the private equity fund agreed to acquire Energean's assets in Egypt, Italy and Croatia for up to $945 million, the companies said on Thursday鈥
Oil and gas company Energean has brought the Karish North and second gas export riser online at the Karish field in the Mediterranean Sea, offshore Israel.Karish North first gas was safely achieved on February 22, 2024, Energean informed. The鈥
TotalEnergies and Eni, the equal partners in Block 6 offshore Cyprus, have completed the drilling and production test of the Cronos-2 appraisal well, confirming excellent deliverability and well production capacity in excess of 150 mmscfd.The鈥
Longitude Engineering, part of Oslo-listed ABL Group, has secured a contract to provide detailed design and engineering services for the subsea development of Phase-X at Egypt鈥檚 West Delta Deep Marine concession, part of the Burullus Gas Field in the Mediterranean Sea鈥
Dutch offshore energy industry specialist SBM 云顶赌场老虎机 said Thursday it had installed three floating wind units for the Provence Grand Large pilot project at their final location, 17 kilometers off the Port-Saint-Louis-du-Rhône, near Marseille鈥
Italy's Eni was the big winner in an Egyptian auction for oil and gas exploration rights on Tuesday, securing concessions for two of the four blocks outright, according to results from the petroleum ministry. The company also won a third block with BP and QatarEnergy in the Mediterranean Sea鈥
The leaders of Israel, Greece and Cyprus pledged to deepen their energy cooperation on Monday and explore ways to get East Mediterranean gas to Europe, as well as connect electricity grids.The eastern Mediterranean has yielded major gas discoveries in the past decade鈥
Washington has weighed into a dispute between Cyprus and international companies led by Chevron over how to develop a giant offshore gas field, backing the U.S. company's plan to link it to neighboring Egypt, two industry sources and a U.S. source said on Friday鈥
Subsea power cable maker Nexans has been awarded a major contract valued at 鈧1.43 billion for the section of the EuroAsia Interconnector that connects Greece and Cyprus.'As a critical part of a broader project to connect the grids of Greece鈥
