Egypt
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Boosting gas production from Israel’s Tamar offshore gas field, combined with gas from the neighboring Leviathan field, will further the ambitions of both Israel and Egypt in the Eastern Mediterranean.
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Egypt bags its newest wind project with UAE to feed future electrical flows regionally and eventually to Europe.
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Eni and TotalEnergies’s newest gas discovery offshore Cyprus confirms geologic ties to Egypt’s Zohr field, the Mediterranean’s largest natural gas field.
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The award follows BP’s participation in a limited bid round held in 2021.
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The well plan follows a memorandum of understanding covering natural gas cooperation in the region.
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The Cronos-1 well gets underway after 2-plus years of pandemic-related delays.
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New discoveries in the Meleiha concession add 8,500 BOE to production.
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QatarEnergy is farming into ExxonMobil’s North Marakia deepwater exploration project offshore Egypt as it further grows its position in the East Med and a share of possible future gas sales to Europe.
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East Med gas production, leveraged by Egypt’s position at the mouth of the Suez Canal, is redefining geopolitical relations as North Africa, Europe, and the Middle East strive to create a new distribution hub for energy, legacy, and renewables.
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The consortium partners are focused on revitalizing mature fields.