Monthly Archives March 2020

EMC 2020 is On Track Despite CV19 Crisis

Despite the ongoing CV19 crisis we are pleased to announce that the postponed September 2020 show has rebooked well, the agenda remains largely unchanged and we are continuing to take bookings! We will of course keep you all updated with changes, news and developments. We wish you all the best during this tough period. The EMC Team
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Categories: News.

Oil Nations Scramble To Beat The Coronavirus

Among the world’s 20 biggest oil-producing countries, there’s only one that has–as far as anyone really knows–escaped the coronavirus, but it’s got problems that are just as big. Taking stock of the pandemic from the perspective of oil-producing nations is important because COVID-19 adds another major layer of uncertainty to the already devastating oil price/market share war between Saudi Arabia and Russia. And while Libya has no “known” cases, and Russia is popping champagne corks over the West’s panic, Iran is reeling under a triple threat, Iraq just had a big operational scare, the UAE is clamping down, and the
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Categories: News.

Energean paves way for East Mediterranean gas monetization

UK-based Energean Oil & Gas — which is building a portfolio of mostly gas-focused Mediterranean assets — is keen to support the realization of more projects to monetize the region’s vast gas resources, its CEO Mathios Rigas said in an interview. Energean plans to start production from its major gas field complex offshore Israel in the first half of 2021, but is set to become a significant regional producer before that with the acquisition of Italy’s Edison E&P, which it hopes to close in the first half of this year. Rigas, while reflecting on the technical and geopolitical challenges of
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Categories: News.

Offshore Oil Rig Infection Exposes Coronavirus Dangers

Equinor reported the oil industry’s first coronavirus infection on an offshore installation on Wednesday, highlighting the challenge in preventing contamination for thousands of workers living in the close quarters on rigs and platforms. A worker was in isolation on the Norwegian energy firm’s Martin Linge oil and gas platform off Norway where production is due to start at the end of this year, the company said. It said it would cut activity at the field, but personnel would remain at installations, while workers would reduce meetings and sit further apart in canteens to prevent further contamination. It has 776 people working
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Categories: News.

Eastern Mediterranean Gas: What Prospects for the New Decade? ISPI Opinion

This Commentary Piece by Simone Tagliapietra was originally published by ISPI (Italian Institute for International Political Studies). The last decade has seen the eastern Mediterranean region become a hotspot of the global natural gas industry, attracting increasing attention from multiple stakeholders also as a result of its high geopolitical stakes. Notwithstanding this momentum, progress has been bumpy. The eastern Mediterranean gas saga started in 2009-2011, with the discovery of the Tamar and Leviathan fields off the shore of Israel and the Aphrodite field off the shore of Cyprus. To exploit this potential, an increasing number of export options were progressively
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Categories: News.

EMC 2020 – POSTPONEMENT ANNOUNCEMENT

Due to the outbreak of COVID-19 across the globe, the EMC Organizers, in agreement with CHC – Cyprus Hydrocarbons Company, hosting partner of the event, have taken the decision of postponing EMC 2020 – The Eastern Mediterranean Energy Conference & Exhibition to 7-9 September 2020, in Nicosia, Cyprus.  Even though EMC 2020 has not suffered any change in terms of either cancellations of participants or interest in the show, we believe that the concerns and difficulties for the people and companies to travel would drastically affect the overall quality of the event.  With these rescheduled dates we are committed to delivering a successful event and platform to provide our participants with the foundations
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Categories: News.

Lebanon to begin offshore oil exploration

The Lebanese Ministry of Energy and Waters announced on Sunday that oil exploration operations will begin on Thursday. The ministry said in a statement that the drilling ship, Tungsten Explorer will dock in Lebanese waters today and start the exploration operations in Block 4. The statement added that after the ship is positioned approximately 21 kilometres from shore, it will begin drilling activities for about 60 days. The first exploratory well will be drilled at a depth of approximately 1.5 kilometres from the sea surface and will be 4.2 kilometres deep. The drilling will last 60 days; while analysis of
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Categories: News.