Sunday 31 May 2020
Gas drilling

Lebanon targets gas tenders in 3 months

Lebanon will issue international tenders for drilling in its potentially gas-rich Mediterranean waters and aims to have contracts signed with the winning firms within a year, its Minister of Energy said on Thursday. Interest in drilling of


Turkey, Egypt mull joint gas exploration

Turkish Energy Minister Taner Yildiz said on Wednesday Turkey may carry out gas exploration in the Mediterranean with Egypt and that it was considering importing gas from the north African country. 'Turkey and Egypt may work together i


Rosneft to invest $630 million in Crescent JV

Russia's largest oil producer Rosneft will invest $630 million in a joint project with UAE-based Crescent Petroleum to drill for gas in the Middle East, a top Russian official said. Rosneft joined Crescent in a gas concession in May in

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