Israel

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.

Zion expects to spud the Megiddo-Jezreel #2 well at its current well location near Bet She'an by the middle of this month. The new license may be extended for a total of 12 months.

Jumbo Maritime's heavy-lift crane vessel Fairplayer completed the work.

Drilling rig scheduled to arrive on 27 October.

Work has resumed on Energan’s Singapore FPSO; subsea installation for the Karish project continues as planned.

A fault was identified at the Leviathan platform’s production system. This comes a month after a malfunction was discovered at the project’s subsea pipeline.

Landmark deal called most significant since 1979 peace treaty.

The largest natural gas field in the rising Eastern Mediterranean region is now flowing after being discovered a decade ago.

With production set to begin from the large Leviathan field by the end of this year, the Israeli government signed off on the final permits to allow for its first exports. Leviathan contains approximately two-thirds of all the gas resources discovered offshore Israel so far.

The succession at the top role comes amid the independent’s expansion beyond the Eastern Med, with recent acquisitions of North Sea and US Gulf of Mexico assets.