Egypt and Cyprus Advance Strategic Energy Cooperation
Egypt and Cyprus Advance Strategic Energy Cooperation: Ministers Discuss Cronos and Aphrodite Gas Projects.
Israel’s Leviathan signs $35 billion natural gas supply deal with Egypt
Israel’s Leviathan natural gas field has signed the largest export agreement in the country’s history, worth up to $35 billion to supply gas to Egypt, NewMed , one of the partners in the field, said on Thursday.The deal should ease an energy crisis in Egypt, which has spent billions of dollars on importing liquefied natural […]
Exxon Makes ‘Significant’ Cyprus Gas Find, Wraps East Med Drilling Campaign
Exxon wrapped up its three-well East Med drilling campaign this week with the ‘significant’ Pegasus discovery offshore Cyprus. Nicosia and Exxon remain cautious about the discovery, but MEES understands reserves could be as high as 5tcf
Energean is excited to be back!
Cyprus exploration update! ExxonMobil, alongside partner QatarEnergy, is reported to have discovered gas with its Pegasus-1 well in Block 10, offshore Cyprus, according to media reports quoting the Energy Minister of Cyprus. To continue reading the original article please click here
EMC 2023 Post-event press release
EMC Energy Conference & Exhibition 2023 Elevates Limassol as a Global Epicenter for Sustainable Energy Solutions The EMC Energy Conference & Exhibition, a transformative event that unfolded in Limassol from November 28 to 30, 2023, left an indelible mark as a pivotal gathering under the theme “Driving Clean, Reliable Solutions to European Energy Demand.” With […]
22.11.23 – Shell Egypt discovers new gas reservoir in Mediterranean Sea
In a significant advancement for Egypt’s energy sector, Shell Egypt has struck a new discovery, the Mina West well, as part of its ambitious exploration campaign in the North East El-Amriya block of the Mediterranean Sea. To continue reading the original article please click here About EMC: EMC is a key platform in the energy calendar bringing together […]
20.11.23 – Government poised to respond within hours to Chevron in Cyprus gas agreement
In an ongoing back and forth, the government was due to respond to Chevron’s letter in negotiations over the development of the Aphrodite natural gas reservoir on Monday night, but no further details were expected. “Chevron answered a letter from the Republic of Cyprus towards the end of last week and in the next few […]
16.11.23 – Regional conflict has not affected gas production, Energean CEO says
Energean plc, a prominent gas-focused independent exploration and production company operating in the Mediterranean and UK North Sea, on Thursday released an update for the nine months ending September 30, 2023, reporting strong financial and operational performance. During this period, Energean achieved a substantial production rate of 118.5 thousand barrels of oil equivalent per day […]
15.11.23 – Chevron Doubles Down On East-Med Gas Assets
Back in 2010, U.S. oil and gas giant Chevron Corp. (NYSE:CVX), alongside its partners NewMed Energy (OTCPK:DKDRF) and Ratio Oil Corp., discovered the Leviathan Gas Field, one of the world’s largest deep-water gas fields. Spanning 330 square kilometers with 22.9 trillion cubic feet of recoverable gas, Leviathan is the largest natural gas reservoir in the […]
13.11.23 – Could Cyprus’ gas really be a catalyst for peace?
Rejecting Turkey’s energy proposals is not enough. Cyprus should also be ready with counter-proposals that could contribute to reviving and speeding-up the Cyprus talks By Dr Charles Ellinas and Andreas Mavroyiannis With a deal to develop Aphrodite gas under discussion and another likely to follow early next year to develop block 6, Cyprus’ natural gas […]
