With some of the biggest recent gas discoveries on its doorstep, the Southern and Eastern Mediterranean could be prime to grow into a gas export hub 鈥 if the countries in the region can cooperate. EIC鈥檚 Andrew Scutter sets the scene. Installation鈥
Trendsetter Engineering has been awarded multiple contracts to design and manufacture subsea production equipment for Noble Energy鈥檚 Leviathan Project, a large natural gas field development in the Eastern Mediterranean Sea off the coast of Israel鈥
Noble Energy has sanctioned the US$3.75 billion phase one of the giant Leviathan project, as partners in the Israeli gas field have approved the final investment decision. Leviathan sits in1600m water depth, 130km offshore Israel, and is estimated to contain 22 Tcf of natural gas鈥
Heerema Marine Contractors (HMC) has won its first two contract awards for its new crane vessel, Sleipnir. The first contract is from Noble Energy Mediterranean for transportation and installation services associated with the Leviathan production platform in the Mediterranean Sea鈥
Engineering firm Wood Group has started detailed engineering on the Leviathan field development platform after completing front-end engineering and design (FEED) on the project. Leviathan is Noble Energy's giant gas field project in the Mediterranean Sea鈥
Noble Energy is moving forward with the development of its giant Leviathan project offshore Israel, with first gas targeted for the end of 2019. Image of Tamar operations, from Delek Group. The estimated 22 Tcf gas field鈥
The US Gulf of Mexico is leading the way to a leaner and more cost-competitive deepwater industry as it emerges from the downturn, with the most attractive projects now competing with US tight oil plays, according to Wood Mackenzie (WoodMac)鈥
Noble Energy is looking to drill a US$77 million appraisal and production well in the Leviathan area offshore Israel in Q1 2017, with a target of natural gas production from the giant field by the end of 2019, according to partner Delek Group鈥
Delek Drilling and Avner Oil, part of the Leviathan partnership with Noble Energy, has approved the development plan for the mega-discovery, offshore Israel, the two announced today 12 December. The decision paves the way to Leviathan's final investment decision (FID)鈥
Even though the oilfield service market in shale is the place to be in 2017, Rystad Energy says there is clear evidence that offshore projects are still being prioritized by exploration and production (E&P) companies. In fact, for every鈥
Large upstream projects are more often delivered by a group of partners rather than a single 100% owner. This spreads project risks and can also make it possible to finance megaprojects, which could be beyond the capacity of any single player鈥
Israel's Delek Group has made a US$524 million offer for UK independent explorer and producer Ithaca Energy. The offer, a 12% premium on Ithaca's last closing price on the Toronto Stock Exchange, would see Delek take over Ithaca's UK North Sea portfolio鈥
Partners in the Leviathan field offshore Israel have secured US$1.5-1.75 billion funding towards the field development project. Delek Drilling and Avner Oil Exploration secured the cash from HSBC Bank and J.P. Morgan. It will be released in tranches鈥
Israel is eyeing both future energy independence and potential export markets with the launch of its first-ever offshore licensing round. Audrey Leon reports. Image from iStock. Tiny Israel has big dreams of a gas-based economy鈥
云顶赌场老虎机 exploration could, finally, soon be on the agenda in Lebanon after the country's first offshore licensing round was opened. Lebanon鈥檚 Energy Minister Cesar Abi Khalil announced on 26 January the opening and timetable for the round鈥
