Latest news
Egypt Signs New Agreements with European Oil Companies
Egypt's Minister of Petroleum and Mineral Resources Tarek El-Molla signed three agreements today for the exploration of oil and natural gas in the Mediterranean, Western Sahara and Nile Delta.
read more... 15/08/2018
Shell considers buying Israeli and Cyprus gas, Mediterranean region to become major gas hub
Royal Dutch Shell Plc is planning to introduce Israeli and Cyprus gas to the market, a move that could transform the Mediterranean area into a leading gas-producing region.
read more... 22/08/2017
Greece, Israel and Cyprus move forward with a natural gas pipeline from Israel to Europe
Greece, Israel and Cyprus declared on Thursday they would accelerate plans for the development of a pipeline conveying gas to Europe from recently discovered east Mediterranean reserves.
read more... 16/06/2017
Cyprus: Block 10 will be explored by Qatar Petroleum and ExxonMobil
The Cypriot Government signed an agreement with Qatar Petroleum and ExxonMobil eyeing the exploration of the hydrocarbon potential in Block 10 offshore the Mediterranean Island.
read more... 06/04/2017
World’s longest undersea gas pipeline project got the green light
The governments of Italy, Israel, Greece and Cyprus agreed to move ahead with the world’s longest undersea gas pipeline from the eastern Mediterranean to southern Europe, backed by the European Union.
read more... 05/04/2017