Latest news
Mediterranean's Levant Basin to be explored by Total, Eni, Exxon Mobil and Qatar Petroleum
France's Total, Italy's Eni, Exxon Mobil and Qatar Petroleum received the green light from Cyprus's lawmakers to explore for oil and gas the offshore areas south of the island.
read more... 20/03/2017
The Leviathan field to start producing gas in 2019
US-based Noble Energy has unveiled plans to advance the development of the Leviathan natural gas field located in the eastern Mediterranean Sea area off the coast of Israel to start production by the end of 2019.
read more... 15/02/2017
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Total prepares drills in Cyprus, Egypt in regional growth push
France's Total is preparing to drill for gas off Cyprus, near ENI's major Zohr finding off the Egyptian coast which in 2015 renewed interest among oil most important companies for exploration in the Mediterranean.
read more... 20/01/2017
Egypt inked natural gas and oil exploration deal with Italy's Edison
Egypt's state-controlled Egypt Natural Gas Holding (EGAS) has inked a $86 million deal with Italy's Edison for natural gas and oil exploration in the Mediterranean, as stated by the Egyptian Petroleum Ministry on Thursday.
read more... 06/01/2017
Eni’s position in Egypt grows with two new gas exploration deals
Italian energy giant Eni is consolidating its position in the Mediterranean Sea by reaching two new deals in an Egyptian auction.
read more... 29/12/2016