Exciting news from Cyprus’ EEZ!
The Pegasus and Glaucus NaturalGas fields, in block_10, could hold 8–9 trillion cubic feet of gas. Yesterday in NewYork, H.E. President Nikos Christodoulides was briefed by ExxonMobil VP John_Ardill on the initial findings from the latest drilling at To continue reading the original article please click here
NewMed, Chevron and Ratio Energies announce
A historic day for the regional energy sector!
NewMed Energy, alongside our partners in the Leviathan Project, Chevron and Ratio Energies, is proud to announce the largest export agreement in Israel’s history
Greece Extends Its Energy Corridor Influence Across the Mediterranean
Since 2010, efforts to exploit hydrocarbons in Greece have encountered obstacles. Public debate on the issue of energy has remained limited, with the media failing to distinguish between scientists focusing on documented safety and environmental concerns and those reacting from an ideological standpoint.
From the Southeast to the Western Mediterranean – Greece’s geostrategic extension
A geopolitical and energy story unfolds in the Southeastern Mediterranean. Natural gas recoverable reserves in the Southeatern Mediterranean currently range between 3,500 and 4,500 Bcm. Theoretically, only 50% of the estimated reserves are currently being extracted in the southeastern Mediterranean. The deposits in Crete and the Ionian Sea strengthen Greece’s position as an energy source […]
A New EastMed development unlocked – Shell & KUFPEC
A new EastMed development unlocked, as Shell and KUFPEC invest in Mina West gas development in Egyptian Mediterranean Sea Shell announced a final investment decision (FID) to develop the Mina West gas discovery in Egypt’s Mediterranean Sea.Shell (60%) will operate the field alongside partner, KUFPEC (Egypt) Limited (40%), working in close collaboration with the (Egyptian […]
Cypriot Cronos Natural Gas Field to be Connected to Egypt by 2027
Karim Badawi, the Minister of Petroleum and Mineral Resources, met with George Papanastasiou, Cypriot Minister of Energy, Commerce, and Industry, in Nicosia. Senior representatives from Eni and TotalEnergies also attended the meeting. The discussion focused on the progress of Cyprus’s Cronos natural gas field, which is scheduled to be linked to Egypt’s energy infrastructure by 2027.
President of Cyprus, ExxonMobil, Qatar Energy
During today’s videoconference between the President of the Republic of Cyprus, Mr Nikos Christodoulides, and the Vice President of ExxonMobil, Mr John Ardill, in the presence of the Minister of Energy, Commerce and Industry of the Republic of Cyprus, Mr George Papanastasiou, and the Country Manager of ExxonMobil Cyprus, Mr Varnavas Theodossiou, President Christodoulides was […]
ExxonMobil & Qatar Energy in Cyprus
We’re pleased to share that, following instructions from Israel’s Ministry of Energy, we have begun the safe restart of production from the Energean Power FPSO at the Karish gas field, offshore Israel. To continue reading the original article please click here
