Western and Eastern energy giants are competing for new Egyptian gas exploration blocks. As Egypt opens 12 key Mediterranean and Nile Delta sites to boost reserves and output. U.S. firms like Chevron, ...

Two of the blocks are in the south of the island of Crete and two are in the Peloponnese peninsula. Image by Gatsi via iStock A consortium between Chevron Corp and Greece's Helleniq Energy Holdings SA ...

Enverus says exploration indicators are positive but independents and juniors need to drill wells, not just majors and state oil companies ...

The FINANCIAL — These two new concession agreements follow the recent award of the deep water Karawan and North Leil blocks, strengthening Eni’s presence in Egypt, a country of historic and strategic ...

QatarEnergy completed the purchase of a 40 percent stake in the North Rafah exploration block on Egypt's side of the Mediterranean from Eni. QatarEnergy said Monday it had completed the purchase of a ...

ExxonMobil and Turkish Petroleum (TPAO) on Thursday signed a memorandum of understanding covering exploration and development opportunities in the Black Sea and the Mediterranean Sea. The agreement ...

This comes as part of Shell’s investments in Egypt and the ministry’s intensified program to boost exploration, development, and production activities ...

Lebanon ’s government on Friday signed a deal with an international consortium to explore gas in an offshore area bordering Israel. The deal for exploration at the so-called Block 8 off the coast of ...

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