European CEO Now that Cyprus, Greece and Israel have signed the Eastern Mediterranean pipeline deal, the countries may finally fulfil their ambitions of becoming regional energy hubs – but long-simmering disputes could create blockages The Eastern Mediterranean is in the middle of a hydrocarbon boom. Within a decade, billions of euros worth of natural gas has been discovered in its
Reuters Egypt began importing gas from Israel’s largest offshore gas field, Leviathan, on Wednesday, a step Cairo hopes will help it become a regional energy hub. Rapid growth in Egypt’s natural gas supplies, boosted by the discovery of the Mediterranean’s largest field, turned it from a net importer to exporter in late 2018. ISRAEL DEAL Egypt’s Dolphinus Holdings signed deals
Oil and Gas 360 HOUSTON – Noble Energy, Inc. (NASDAQ: NBL) (“Noble Energy” or the “Company”) announced the commencement of natural gas production from the Leviathan field, the largest natural gas field in the Eastern Mediterranean. David L. Stover, Noble Energy’s Chairman and Chief Executive Officer, stated, “This is a historic day for Noble Energy. The safe and successful
Reuters JERUSALEM – Israel’s $3.6 billion offshore Leviathan field started production on Tuesday, paving the way for multi-billion dollar gas export deals with Egypt and Jordan in the coming weeks. Natural gas began flowing from Israel’s largest field despite regulatory delays and court petitions by groups opposing the project raised doubts that its operators would meet their end-of-2019 timeline. However,
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