natural gas
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The Cypre offshore gas project announcement comes the day after the energy company renewed its supply contract with the country’s national gas company.
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Santos will seek an expedited appeal of the Australian Federal Court decision.
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The deepwater find will now be delineated to verify size.
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Fast-track development options are currently under review for the discovery.
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The license covers exploration and development of area fields for next 27 years.
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Europe is providing a stark look at the vagaries of geo- and energy politics and how quickly complacency can be shattered. Will its lessons learned be heeded by the rest of the world?
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ExxonMobil awarded the consortium the project management, engineering, and installation of the estimated 190-km pipeline.
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While the concentrations are low, the chemicals are potentially dangerous and some are linked to cancer risk, the researchers found.
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A large gas prospect offshore Norway fails to deliver
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The new discovery is expected to de-risk 50 Bcm of resources in region off Israel.