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natural gas - EastMed Energies
Cypriot Government, Chevron Reach Agreement for Aphrodite Gas Field
The government of Cyprus and Chevron have reached an agreement for the development of the ‘Aphrodite’ gas field in block 12 of the country’s exclusive economic zone (EEZ). The negotiations between the two parties have been ongoing for several months, with the government initially rejecting proposed amendments from the company. However, with the deadline proposed […]
EU Proposes EastMed Gas Pipeline to Greece
The European Commission has included a proposed pipeline connecting gas reserves in the Eastern Mediterranean to Greece via Cyprus and Crete on its list of Projects of Common Interest (PCI). This means that the project will have access to a fast-track permitting process and special funding. The project is sponsored by energy group Edison and […]
Chevron Resumes Natural Gas Supply from Tamar Field
Chevron has announced the resumption of natural gas supply from the offshore Tamar field, a month after being instructed by the Israeli government to halt operations due to regional unrest. “We have resumed supplying customers in Israel and in the region from the Tamar production platform,” Chevron said in a statement, adding that it was […]
Cyprus Responds to Chevron’s Request to Extend Negotiations over Aph ...
Cyprus has responded to a request from international energy companies led by Chevron to extend the negotiations about the modified development plan for its Aphrodite offshore gas field, Reuters reported in reference to a statement by George Papanastasiou, Cyprus’s Minister of Energy. “We responded to a letter by the company seeking an extension which we received last […]
Israel Awards Offshore Gas Exploration Licenses
Israel’s Energy Ministry has announced the awarding of 12 licenses to six companies for the exploration of natural gas off the country’s Mediterranean coast, aiming to create more competition in the market and diversify suppliers. The licenses have been granted to two groups of companies. The first group consists of ENI, Dana Petroleum, and Ratio […]
El Molla Reviews Energy Cooperation Progress with Wintershall Dea
Minister of Petroleum and Mineral Resources Tarek El Molla held a meeting with the COO of Wintershall Dea, Dawn Summers; Senior Vice President, Managing Director Egypt of Wintershall Dea, Sameh Sabry; and Undersecretary of the Ministry for Exploration and Agreements, Samir Raslan, to review the latest developments of the company’s investments in Egypt. This came on the sidelines of ADIPEC […]
Srbijagas, DEPA Sign MoU for Cooperation on Natural Gas Sector
The Serbian gas company Srbijagas and the Greek gas firm DEPA Commercial have signed a memorandum of understanding (MoU) to cooperate in natural gas and ensure the security of supply for both markets, according to a statement issued by Srbijagas. The MoU was signed by Srbijagas’ General Manager Dušan Bajatović, and his counterpart from DEPA […]
Greece’s Alexandroupolis FSRU Project Expected to Be Complete in 2024
The pipeline for Greece’s first offshore LNG terminal project has been installed in Alexandroupolis, northeast Greece.
Mellitah Awards a Contract to Saipem for Developing Bouri Gas Utilisation ...
Mellitah Oil & Gas, which is a consortium made of the National Oil Corporation of Libya and Eni North Africa, has awarded a contract to Saipem company for developing the Bouri Gas Utilisation Project (BGUP) in Libya which is worth approximately $1 billion. According to the contract, Saipem will take over upgrading the platforms and […]
HELLENiQ ENERGY Seeks to Increase Company’s Free Float
HELLENiQ ENERGY’s stakeholders have decided to list an additional 20% of the company’s shares on the Athens Stock Exchange (ATHEX) with the aim of increasing the company’s free float.
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