Cyprus and Lebanon agreed to start negotiations on the exploitation of hydrocarbon reserves straddling the median line between their respective exclusive economic zones (EEZ), the Cyprus Mail reported. Foreign Minister Nicos Christodoulides, and Energy Minister Yiorgos Lakkotrypis, held talks in Beirut on Thursday with Lebanon’s Foreign and Energy Ministers, Gebran...
Russian major Gazprom Neft is studying the possibility of launching its own liquefied natural gas production in the Arctic as it tries to monetize its vast natural gas reserves. Gazprom Neft announced a tender late last year for a study on how best to use its gas reserves in the...
Polish LNG terminal operator Polskie LNG has obtained a set of environmental and location decisions for all projects implemented under the LNG Terminal Expansion Program. The environmental permits are final, while the decisions issued by the Governor of West Pomerania are immediately enforceable (which stems directly from the provisions of...
Esso Australia Pty Ltd has awarded an integrated subsea engineering, procurement, construction, installation and commissioning (EPCIC) contracts to Subsea Integration Alliance. The award is the first integrated subsea project for Subsea Integration Alliance in Australia combining OneSubsea and Subsea 7 expertise in subsea production systems (SPS) and subsea umbilical, riser...
Greece's Energean Oil and Gas plc (LSE: ENOG, TASE: אנאג), has announced a signficant natural gas discovery in the Karish North exploration in the Israel sector of the East Mediterranean. Preliminary results as reported 15 April in a company new release showed: Initial gas in place estimates of between 1...
ExxonMobil announced it has made a natural gas discovery offshore Cyprus in the Eastern Mediterranean at the Glaucus-1 well. The well, located in Block 10, encountered a gas-bearing reservoir of approximately 436 feet (133 meters). The well was safely drilled to 13,780 feet (4,200 meters) depth in 6,769 feet (2,063...
The CEO of French oil and gas company Total S.A, Patrick Pouyanne said that the company would buy 10 percent share of LNG terminals of Novatek in Murmansk and in the Kamchatka region of Russia, arctictoday.com reported. The statement came during a Thursday meeting in the Kremlin between Pouyanne and...
Almost two-thirds of Norway’s undiscovered gas resources are expected to lie in the Barents Sea, which underlines the importance of this area for long-term gas exports from the Norwegian Continental Shelf. These were the words Bente Nyland, Director General  of the Norwegian Petroleum Directorate used in expressing her vision in...
By Charles Meaby, General Manager, DP World Limassol With Cyprus standing at the crossroads between Europe, Africa and the Middle East, it already possesses the inherent advantages as a hub destination. The success of the DP World terminal at Limassol is testimony to this, as it currently provides stellar...
Evac, a global provider of integrated water and waste management systems, has acquired Transvac Systems a UK business specialized in distributing and servicing wastewater treatment systems, sanitary systems and ballast water treatment systems for ships and offshore platforms. The acquisition builds on Evac's expansion strategy which in May 2018 saw...