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Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.

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Cyprus Mail·Jul 22·1 min read

All signatures secured for Aphrodite gas sales MoU with Egypt

All signatures have been obtained for the memorandum of understanding (MoU) covering the sale of all recoverable natural gas from Cyprus’ Aphrodite field to the Egyptian Natural Gas Holding Company (E

NewMed EnergyAphrodite

Chevron’s Cypriot gas project edges closer toward binding supply deal with Egypt

Chevron Cyprus, a subsidiary of the U.S.-headquartered oil major Chevron, and its partners, BG Cyprus (Shell) and NewMed Energy, have made inroads in securing a

Offshore Energy·Jul 22·Block 12Chevron Corporation

Egypt to buy all Aphrodite gas output from Cyprus

Egypt has formally committed to purchasing the entire gas output from Cyprus's Aphrodite offshore field once it commences production. This significant developme

Cyprus Mail·Apr 9·NewMed EnergyAphrodite

No ‘significant’ gas volumes in Black Sea exploration well

A recent exploration well drilled by a consortium including OMV Petrom and NewMed Energy in the Bulgarian Black Sea failed to discover commercially significant

Offshore Energy·Apr 2·NewMed Energy

Drilling yields ‘non-significant’ gas shows, next Black Sea well to be spud soon

OMV Petrom and NewMed Energy encountered non-commercial gas shows in their initial Black Sea exploration well in the Bulgarian sector, signaling a setback for t

Offshore Energy·Feb 4·NewMed Energy