Mediterranean Sea
Cyprus, Chevron Press Ahead with Offshore Gas Field Development
Chevron and Cyprus are planning the drilling of a new well in the coming months as part of the continued development of the offshore Aphrodite gas field.
Egypt, Chevron Agree to Explore New East Med Gas Deal
Chevron signed an agreement with Egyptian Natural Gas Holding Co. to consider transport, import, liquefication and export of natural gas from offshore Mediterranean fields to Egypt.
Iran Expects Confiscated Oil Cargo to Be Returned in Full: Envoy
In response to the U.S. seizing oil cargo from an Iranian-flagged cargo ship last month, Iran announced it expects the confiscated cargo to be returned in full.
Israel Rejects Lebanese Accusation About Gas Field, Says Conflict Unlikely
Lebanon on June 5 warned against any activity in the disputed area, responding to the arrival of a vessel operated by London-based Energean to produce gas for Israel.
US Seizes Iranian Oil Cargo Near Greek Island
The U.S. will send Iranian oil confiscated from a Russian-operated and Iranian-flagged tanker to the U.S. The ship was impounded as part of EU sanctions on Russia for the invasion of Ukraine but later released.
Eni-Total Consortium Starts Exploratory Gas Drilling Off Cyprus
Eni and TotalEnergies began the drilling of an exploration gas well on Monday off the coast of Cyprus as part of the 'Cronos-1' project.
Proposed EastMed Gas Pipeline is Not Viable: US Diplomat
Cyprus, Israel and Greece have been considering a pipeline connecting east Mediterranean gas discoveries to Europe, but the project took a setback when the U.S. pulled its political support for the project in January.
Greece to Accelerate Stalled Gas Exploration Off Crete, Ionian Sea: Sources
Greece has had indications of significant gas reserves, in the order of hundreds of billion cubic meters, according to sources.
Best of This Week’s Drilling Activity Highlights (Oct. 29, 2021)
Chesapeake and Southwestern Marcellus wells in Pennsylvania, a Shell Oil deepwater Gulf of Mexico discovery plus Birch Spraberry completions in the Permian Basin top this week’s oil and gas drilling activity highlights from around the world.
Energy A&D Transactions from the Week of Sept. 22, 2021
Here’s a snapshot of recent energy deals including Shell’s U.S. shale exit through the $9.5 billion cash sale of its Permian Basin position to ConocoPhillips.