Mediterranean Sea
Big Gas Chiefs Bill Themselves as Climate Leaders at COP27
“The most important thing is for people to see America’s largest natural gas producer here at COP27 as a symbol that we’re going to be a leader in energy transition,” EQT CEO Toby Rice told Reuters on the sidelines of COP27.
Greece Paves Way for Seismic Surveys for Gas Off Crete
Prime Minister Kyriakos Mitsotakis announced the plan during an interview on Nov. 7, saying that the surveys will be carried out by Exxon Mobil Corp.
E&P Highlights (Nov. 8, 2022): Discovery Offshore Israel; Petrobras Subsea Deal
Here’s a roundup of the latest E&P headlines including a commercial discovery offshore Israel and a five-year subsea frame agreement awarded by Petrobras from the past week in the upstream oil and gas industry.
Energean Drilling Program Discovers More Gas Offshore Israel
Energean’s shares rose on Nov. 7 to their highest since the company listed in London in 2018 after it revealed a commercial discovery at its Zeus exploration well off the coast of Israel and upgraded its neighboring Athena discovery.
First Gas Announced at Mediterranean Karish Field
Energean Power FPSO has capacity for 800,000 MMcf/d of oil and will support Karish, Tanin and Karish North.
Saudi, China Agree to Strengthen Energy Cooperation
Prince Abdulaziz and his Chinese counterpart agreed to continue cooperation efforts to maintain stability in oil markets, SPA said, adding that the Kingdom continues to be China’s most reliable partner and supplier of crude oil.
Lebanon President Accepts Maritime Border Deal with Israel
President Michel Aoun said the deal represented a “historic achievement” in which Lebanon regained 860 sq km (around 330 sq miles) of disputed maritime territory but insisted it did not pave the way to normalization of relations with Israel.
Eni, TotalEnergies Make Significant Gas Discovery Offshore Cyprus
Operated by Eni, the Cronos-1 well encountered an important gas column in a carbonate reservoir sequence of properties ranging from fair to excellent, according to a company press release.
Iran Tanker Retrieves Oil Seized by US, Set to Leave Greece
In April, the U.S. commissioned a tanker to impound Iranian oil off the coast of Greece.
E&P Highlights: Aug. 8, 2022
Here’s a roundup of the latest E&P headlines including new production and contract announcements from the past week in the upstream oil and gas industry.