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Turkey sees no need for Cyprus to approve Israel gas pipeline

A Turkey-Israel gas pipeline deal could be built through Cyprus’ economic waters even without Cypriot consent, a Turkish official said, dismissing what some experts see as a key obstacle to an energy deal between the two Mediterranean countries.

Trendsetter Engineering awarded contracts for Noble’s Leviathan field

Trendsetter Engineering, Inc. is thrilled to announce the recent award of multiple contracts to design and manufacture subsea production equipment for Noble Energy’s Leviathan Project, a large natural gas field development in the Eastern Mediterranean Sea off the coast of Israel.

EMGC '17: Execs outline gas prospects for Cyprus, Lebanon, Israel

Stelios Nicolaides, Director of Hydrocarbons Service for the Republic of Cyprus' Ministry of Energy, Commerce, Industry and Tourism delivered welcoming remarks on behalf of George Lakkotrypis, Minister of Cyprus' Ministry of Energy, Commerce, Industry and Tourism.

CERAWeek `17: Israel’s energy minister discusses prospects for Levant basin

Israel’s Energy Minister, Dr. Yuval Steinitz, outlined the changing regional dynamics, and his country’s emerging role as a natural gas producer and exporter, during a strategic dialogue held Wednesday at the 2017 CERAWeek conference in Houston.

Leviathan partners ratify $3.75-billion gas-development plan

The companies that own the rights to Leviathan, Israel’s largest natural gas reservoir, approved a plan to allocate $3.75 billion to develop the offshore site. Israel’s main gas equity index rose the most in almost five months.

Noble, Barclays said to work on $1 billion Tamar stake sale

Noble Energy Inc. is working with Barclays Plc on the sale of a 7.5% stake in the offshore Tamar natural gas field, according to people with knowledge of the matter.

Energean awards FEED contract to TechnipFMC for Israel's Karish and Tanin fields

Energean Oil & Gas has announced that it has appointed TechnipFMC as the Concept and Front End Engineering Design (FEED) contractor for the Karish and Tanin development program.

Zion Oil & Gas to aid in supply of Israel's energy needs

Zion Oil & Gas' vision is to help ensure Israel's political and economic independence by finding and producing oil or natural gas onshore in Israel.

Lebanon to auction energy rights in area contested by Israel

Lebanon wants to auction energy rights to areas in the Mediterranean Sea contested by neighboring Israel and will invite more companies to qualify for bidding next month.

Energean to develop Karish and Tanin gas fields with FPSO program, offshore Israel

Energean Oil & Gas outlined initial details for the development of the Karish and Tanin natural gas fields. At a press conference in Tel Aviv, Energean management announced that the two fields will be developed using a floating production, storage and offloading (FPSO) unit to facilitate the quickest route to producing first gas with the objectives of the government of Israel.

Genie Energy launches drilling services company in Israel

Genie Energy Ltd. has announced that it is establishing Atid Drilling Ltd., an onshore drilling services venture based in Israel.

Energean to develop Karish and Tanin with FPSO, offshore Israel

Energean Oil & Gas has outlined initial details for the development of Karish and Tanin natural gas fields.

Energean receives approval for acquisition of Karish and Tanin fields in Israel

The Petroleum Council of Israel has announced its approval of the acquisition of 100% of the Karish and Tanin natural gas fields by Energean Oil & Gas from Delek Drilling and Avner.

Zion Oil & Gas receives approval to drill in Israel

While Israel is not able to currently meet their energy needs domestically, few companies are well positioned to take advantage of the demand for energy. One such company is Zion Oil & Gas.

Leviathan field partners clinch $700-million deal

The partners owning rights to Leviathan, Israel’s largest natural gas deposit, signed a $700-million contract to supply gas to Paz Oil Co., as arrangements to finance the project are nearing completion.

Israel gas partners close to $4-billion financing for Leviathan

The companies that own the rights to Israel’s largest natural gas pool are close to securing the $4-billion financing needed to develop the field, according to the CEO of one of the partners.

Jordanians protest against gas deal with Israeli partners

Hundreds of Jordanians took to the streets of Amman on Friday to protest a $10-billion gas deal recently reached between Natural Electric Power Co. (NEPCO) of Jordan and partners in Israel’s Leviathan field.

Israel’s Leviathan partners sign gas export deal with Jordan

Partners in Israel’s Leviathan field, the country’s largest natural gas reservoir, signed an export agreement with Natural Electric Power Co. of Jordan. Tel Aviv gas stocks rose.

Israel announces first offshore energy exploration licensing round, IHS Markit says

The Israeli Ministry of Infrastructures, Energy and Water Resources (MIEWR), the government agency responsible for overseeing all petroleum-related activities in Israel, plans to host a road show in September 2016 for promotion of the country’s first offshore energy licensing round, IHS Energy said today.

Delek Drilling, Avner to sell Karish and Tanin fields to Energean

Delek Drilling and Avner Oil Exploration, part of Israel's leading integrated energy company, have signed a deal for the sale of 100% of their holdings in Karish and Tanin natural gas fields to Energean Oil & Gas.