drilling Archives - Financial Mirror

EU sanctions over Turkish drilling in Cypriot EEZ extended

The Council of the EU renewed its restrictive measures imposed in 2019 for an additional year in view of Turkey’s unauthorised drilling activities in the Eastern Mediterranean. As stated in a press

10th November 2023

Cyprus/Europe

Chevron seeks drilling vessel for Cyprus, Egypt, Israel

Chevron is seeking a drilling ship to explore for natural gas off Cyprus, Egypt and Israel as the US energy major looks to meet growing demand in the region and Europe. Chevron,

19th April 2023

Energy/World

EU extends Turkey drilling sanctions

The European Council has agreed to extend the regime of sanctions against Ankara in response to Turkey’s unauthorised drilling activities in the Eastern Mediterranean. EU sanctions will be extended for a further

8th November 2022

Energy/Europe

Turkey raises stakes in East Med drilling move

In a tension-raising move, Turkey will resume gas exploration in the Mediterranean sea somewhere off Cyprus on August 9. The Turkish Energy Ministry confirmed the development, and the gas exploration will be

27th July 2022

Cyprus/Europe

Eni-Total to resume drilling in May

Energy consortium Eni-Total next drill venture in Cyprus’ Exclusive Economic Zone will probably take place in May as soon as the drilling rig completes its work in Egypt, Energy Minister Natasa Pilides said Thursday.

12th May 2022

Energy

Glaucus-2 well finds ‘high quality’ natgas

ExxonMobil and Qatar Petroleum, consortium partners in Block 10 of the Cyprus Exclusive Economic Zone (EEZ), have found “high quality natural gas” in the ‘Glaucus-2’ appraisal well, with the drillship Stena Forth

21st March 2022

Cyprus/Energy

ExxonMobil to resume drilling amid rising tensions

ExxonMobil is scheduled to drill an appraisal well at its Glaucus gas discovery in Block 10 by the end of this month or early December at the latest. In February 2019, ExxonMobil

16th November 2021

Comment/Energy

Energean to launch Stena drilling campaign offshore Israel

Greek oil and gas firm Energean has signed a contract with Stena Drilling Limited for its 2022-2023 growth drilling programme offshore Israel. It is expected to target the derisking of unrisked prospective

30th June 2021

Energy

Extending Turkish drilling activity off Cyprus fuels tension

Although Turkey has withdrawn its survey ship from Greek waters, extending its drilling activity off Cyprus will only escalate a crisis in the East Med, European Commission spokesman Peter Stano said. “The

17th September 2020

Energy/Europe

Borrell tells Turkey ‘illegal drilling must stop’

European Union foreign policy chief Josep Borrell said that illegal Turkish drilling for gas off divided Cyprus “must stop,” during his two-day visit to help deescalate tensions in the region. “Turkish illegal

26th June 2020

Energy/Europe