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Summary: UAE’s ADNOC previously entered a consortium with BP to acquire a 50% stake in Israel’s NewMed project. However, following the Gaza War, ADNOC decided to halt the deal due to different geopolitical con...

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Summary: Earlier this month (2/7/2023), partners in Israel’s Leviathan gas field announced a plan for a subsea pipeline that will connect the field to a production facility in Israel. This comes after the Cyp...
Summary: Earlier this month (1/6/2023), partners in Cyprus’ Aphrodite field announced their plans to build a subsea pipeline connecting the field to Egyptian liquefied natural gas (LNG) facilities. However, it...

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Summary: Earlier this month (17/5/2023), Cypriot Energy Minister Giorgos Papanastasiou announced his plans to visit Israel soon to discuss an arrangement to build a gas pipeline linking both countries’ offshor...
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Summary: Earlier this week (17/5/2023), Cypriot Energy Minister Giorgos Papanastasiou announced his plans to visit Israel soon to discuss an arrangement to build a gas pipeline linking both countries’ offshore...
Summary: A memorandum of understanding (MoU) was signed on 20/6/2022 between the Egyptian Natural Gas Holding Company (EGAS) and Chevron Corporation to cooperate on projects including the transport, import, an...
Summary: The Israeli Energy Minister Karine Elharrar has made significant progress with her Cypriot counterpart Natasa Pilides in determining a mutually beneficial outcome to the issue of the Aphrodite field.M...
Summary: Tel Aviv has proposed to U.S. State Department’s Senior Advisor for Energy Security Amos Hochstein a more northerly line than the non-starter Line 29.The Israeli proposal is largely based on Line 23, ...
Summary: The CEO of the U.S. multinational energy corporation Chevron Michael Wirth is said to be still working on the settling of the Aphrodite-Ishai field border delineation between Cyprus and Israel.However...
Summary: The U.S. oil and gas company ExxonMobil and QatarEnergy (QE) signed in December 2021 an exploration and production sharing contract (EPSC) with Cyprus for the offshore Block 5 located southwest of the...

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