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  1. Lloyd’s advising Cyprus on upstream offshore gas matters

    Offshore staff LONDON – Cyprus’ national oil and gas company, Cyprus Hydrocarbons Co. (CHC), has appointed Lloyd’s Register as independent commercial advisor for its commercial exploitation of hydrocarbons in the exclusive economic zone (EEZ) of the Republic of Cyprus . Phil Edwards, consulting director of Lloyd’s Register’s energy business, said: “Our work includes a number of activities such as assisting CHC in realizing its options and strategies for successful development of the EEZ, and crucially assisting in hydrocarbon sale discussions and agreements with upstream operators and partners active in the Cyprus EEZ.” The three-year contract, with extension options, started last month. As a state-owned company established in 2012, CHC has the mandate to act as the commercial arm of the government of Cyprus on matters concerning development, production, and monetization of oil and gas resources from Cyprus’s 15,000-sq km (5,792-sq mi) EEZ. This currently includes 13 exploration blocks to the south of the island, which could hold up to 60 tcf of gas. If proven, much of this resource would likely be exported. Cyprus’ strategic geographical location at the crossroads between Europe, Asia and Africa makes it well suited to serve as an energy supplier to the Eastern Mediterranean region, Lloyd’s added. 09/07/2016 Share your news with Offshore at news@offshore-mag.com

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    Wed, 7 Sep 2016

  2. Southern Corridor gas pipeline is on schedule, BP official says

    The Southern Corridor natural gas pipeline system, which aims to transport gas 2,175 miles from the Caspian Sea to southern Europe, is on schedule and expected to come in under budget, a BP PLC official told an Atlantic Council forum on Sept. 21.

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    Thu, 22 Sep 2016

  3. USGS assists India in finding large offshore gas hydrates deposit

    The US Geologic Survey has assisted India’s government in discovering large, highly concentrated natural gas hydrate deposits in the Bay of Bengal. The discovery, which is the first of its kind in the Indian Ocean, could potentially be produced, the US Department of the Interior agency said.

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    Wed, 27 Jul 2016

  4. Israel-Turkey link lifts offshore -gas hope

    Rapprochement between Israel and Turkey lowers one of many hurdles to development of giant Leviathan natural gas field and other deepwater discoveries in the eastern Mediterranean.

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    Thu, 30 Jun 2016

  1. Cyprus, Egypt sign export pipeline accord

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    Fri, 2 Sep 2016

  2. Siemens to provide compressors for TAP offshore gas pipeline

    The Trans Adriatic Pipeline consortium has contracted Siemens to supply six 15-MW SGT-400-driven turbo compressor trains.

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    Mon, 25 Jul 2016

  3. Israel converts two offshore gas licenses to leases

    Delek Group says Israel’s Ministry for National Infrastructures, Energy and Water has granted two consortia leases for the offshore Karish and Tanin gas discoveries.

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    Fri, 8 Apr 2016

  4. Saipem to install TAP offshore gas pipeline in Adriatic Sea

    Saipem will construct the offshore section of the Trans Adriatic Pipeline project, designed to take gas from the Azeri sector of the Caspian Sea to southern and central Europe.

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    Fri, 15 Apr 2016

  5. Australia extends Tassie Shoals approvals period

    MEO Australia has received updated environmental approvals for its proposed Tassie Shoal Projects offshore northern Australia.

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    Thu, 4 Aug 2016

  6. Aramco lets contracts for Fadhili gas project

    Saudi Aramco has let a series of new contracts for development of the Fadhili gas program in the eastern province of Saudi Arabia, north of Jubail.

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    Wed, 20 Jul 2016

  7. Eni starts production at Perla offshore gas field

    Eni has started production at the giant Perla offshore gas field, located in the Gulf of Venezuela.  

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    Mon, 6 Jul 2015

  8. Israel power needs drive increased offshore gas production

    Noble Energy reports natural gas sales offshore Israel during 4Q 2015 averaged 252 MMcf/d.

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    Thu, 18 Feb 2016

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