Mediterranean Sea
Energy A&D Transactions from the Week of Jan. 13, 2021
Here’s a snapshot of recent energy deals including the closing of Devon’s all-stock merger with WPX plus Pioneer completed its acquisition of Parsley creating a premier Permian independent energy company.
Turkey, Greece to Resume Suspended Talks over Disputed Waters
Turkey and Greece are at odds over the extent of their continental shelves in the Mediterranean, energy rights in the region, air space and the status of some islands in the Aegean Sea.
Energy A&D Transactions from the Week of Jan. 6, 2021
Here’s a snapshot of recent energy deals including the closing of Cenovus Energy’s nearly $5 billion acquisition of Husky plus a $215 million deal in the Powder River Basin.
Energean to Pay Up to $405 Million for Remaining Stake in Fields Offshore Israel
Energean, which currently holds 70% interest in its Israeli unit, said it would pay private-equity firm Kerogen Capital between $380 million and $405 million to acquire the remaining stake.
Turkey’s Erdogan Shrugs Off EU Sanctions Threat
EU foreign ministers said on Dec. 7 that Turkey had failed to help end a row with Greece and Cyprus over potential gas resources in the eastern Mediterranean.
Best of This Week’s Drilling Activity Highlights (Dec. 4, 2020)
Ascent Resources and CNX Utica Shale completions, a Louisiana Austin Chalk venture plus two significant discoveries reported in Egypt top this week’s drilling activity highlights from around the world.
Israel, Lebanon Resume Talks on Disputed Maritime Border
The countries held three rounds of talks in October hosted by the United Nations at a peacekeeper base in southern Lebanon.
Turkey Extends Exploration in Disputed Mediterranean Waters to Oct. 27
Two other vessels along with Oruc Reis will continue work in an area southeast of the Greek island of Rhodes until Oct. 27, Turkey’s Navy said in a maritime notice.
Turkey Lifts Black Sea Gas Field Estimate after New Find
President Tayyip Erdogan said in August the field north of the Turkish coast in the Black Sea contained 320 Bcm of gas, making it Turkey's biggest natural gas discovery.
E&P Plus: October 2020 International Drilling Activity Highlights
Check out the latest oil and gas drilling activity highlights from around the world featured in the October issue of E&P Plus including Apache’s recent discovery offshore Suriname plus additional reservoirs in Guyana’s Stabroek Block.