Archives for Uncategorized

EMC Launches ‘EMC LIVE’ 2020 Webinar Series

With the 2020 edition of the EMC postponed to 2021, due to the Coronavirus pandemic, we are pleased to announce that in the meantime we have launched a series of live-panel webinars, which are aimed to further stimulate debate and help the industry assess the key changes happening in the region as we navigate our way through a tumultuous 2020. We are currently putting together the line-up of panelists but our planned 2020 EMC Live panels include: The Outlook for the Eastern Mediterranean’s Oil & Gas Industry – 29th July Assessing the Practical Considerations of Doing Business in the Eastern
Read More

Categories: News and Uncategorized.

Energy companies assure are committed to Cyprus drilling

Energy companies licensed to prospect for gas off Cyprus have assured the government they are committed to their contracts despite inevitable delays due to the coronavirus situation, MPs heard on Tuesday. In a teleconference session with lawmakers, Energy Minister Giorgos Lakkotrypis said drilling programmes by Total and ENI, and by ExxonMobil, are being put on hold but only temporarily. For Total and ENI – which had planned to carry out three drills in the 2020-2021 timeframe – the minister said their contracts would have to be extended. The consortium had been scheduled to first drill a new (exploratory) well at
Read More

Categories: Uncategorized.

Eni, Total postpone drilling in Eastern Mediterranean

Following in the footsteps of U.S. energy giant Exxon Mobil, Italian Eni and French Total are postponing their proposed gas exploration operations in the Eastern Mediterranean for about a year, according to reports Monday. The companies notified the Greek Cypriot administration about their decision to delay their drilling operations until March or April 2021, the administration’s spokesman Kyriacos Koushios told the Cyprus Mail. However, the companies will not cancel the capital expenditure allocated to the drills, which Koushios described as “good news.” Before the coronavirus outbreak, Eni and Total had earlier announced their plan to start exploratory drilling in what
Read More

Categories: Uncategorized.

Calling All Blog Writers!

We are pleased to announce the growth of the EMC programme and exhibition – an important part of this is the continued growth of the  the EMC blog – if you have any paper or article submissions please do get in touch! The content should be not contentious (political and commercial) and will help to assess and address the key technical, commercial and industry challenges facing the sector today. We look forward to hearing from you!
Read More

Categories: News and Uncategorized.

Energean Seeks to Supply Natural Gas to Cyprus from Israel

Energean Oil & Gas said on Tuesday its Energean International unit submitted an application to import and supply natural gas to Cyprus starting in 2021. In its application to Cypriot authorities, it said it sought to supply gas through a pipeline from the Karish block offshore Israel to Vassiliko, Cyprus. The pipeline would be 215 km (135 miles) long and transport natural gas from the Karish North field, which contains 25 billion cubic meters of discovered recoverable resources. To read more and for the original article please click here.
Read More

Categories: News and Uncategorized.

Oil Majors See Huge Opportunity In Eastern Mediterranean

Quite suddenly, there is remarkable oil industry news to come out of the East Mediterranean region. If the plan is executed, in the space of seven years the balance of energy security in Western Europe will be radically changed. In geopolitical terms, this will be immense; when the planned Israel-Cyprus-Greece-Italy gas pipeline is built, European countries will be able to cut their ever-increasing dependence on Russian gas supplies. The story of major gas discoveries in the East Mediterranean started in the shallow-water offshore Egypt, with Miocene Nile Delta discoveries progressively stepping out into deeper and deeper water. The first discovery
Read More

Categories: News and Uncategorized.