Israel
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Formerly Delek Drilling, NewMed interested in Moroccan Mediterranean.
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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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E&P independent Energean has awarded Halliburton a contract to provide services for drilling up to five wells offshore Israel in collaboration with Stena Drilling.
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Three-well plus two options campaign could add material gas reserves
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Chevron is having to drill a fifth production well at Israel’s Leviathan natural gas and gas-condensate field to keep production ahead of rising demand, driven by exports to Egypt’s growing LNG hub.
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Chevron shut down the Tamar natural gas platform off the Israeli coast at the instruction of the country's energy ministry, the company said, following a wave of unrest in the region.
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Delek Drilling’s deal to sell Abu Dhabi’s state-owned Mubadala Petroleum its stake in Israel’s offshore Tamar gas field kicks off what the Abraham Accords envisioned as the kind of business cooperation that could bring peace to the Middle East and prosperity to the East Med.
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A massive oil spill off the coast of Israel is being called the worst ecological disasters in the Mediterranean country’s history. The cause and full extent of the damage is still unknown.
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With all permits, personnel, and equipment in place, Zion is set to operate the well.
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Europe’s gas pipeline wars are in a muddle as the US throws its support to the EastMed project to supply Israeli gas to Italy, transiting Greece and Cyprus; while at the same time the US is sanctioning the Russian-German Nord Stream 2 pipeline, which is already 90% complete.