Repsol pre-empts Edison sale in Algeria
Repsol has exercised its pre-emption rights to buy some of departing Edison’s stake in the Reggane Nord project, in Algeria.
Edison
Wintershall bulks up in Algeria amid long-term plans
Wintershall Dea is increasing its stake in the Reggane Nord project, in Algeria, with the German company talking of long-term growth.
Energean targets two years to transformation
Energean is on a path to transformation, with capital expenditure peaking in early 2022 and delivering – hopefully – 200,000 barrels of oil equivalent per day in 2023.
Updated: Neptune will pay £4m to scrap deal for stake in major North Sea discovery
Neptune Energy will pay £4 million to terminate a deal which would have given it 25% of the 250 million barrels of oil equivalent Glengorm discovery in the UK North Sea.
Oxy scraps Algerian sale to Total
Occidental Petroleum will continue to hold its Algerian assets following its inability to conclude the sale of them to Total.
Builders sought for EastMed pipe
IGI Poseidon has invited companies to submit plans for the offshore parts of the proposed EastMed gas pipeline, which will run from the southeast Mediterranean into Europe via Greece and Cyprus.
Algerian omission moves Neptune closer to Glengorm stake acquisition
A deal that holds the key to Neptune Energy obtaining a stake in a major UK North Sea discovery took a step forward today.
No alarm over future for North Sea, oil boss says
Neptune Energy’s UK boss said on Tuesday that talk of the North Sea oil and gas industry being wiped out by a collapse in crude prices is premature.
Busy year ahead for key projects in the North Sea, Neptune boss says
A boss at Neptune Energy said 2020 was shaping up to be the private-equity-backed firm’s busiest year in the UK North Sea as activity ramps up around key projects.
Turkey to play spoiler in EastMed plans
The proposed East Mediterranean gas pipeline will be “impossible” without consent from Turkey, according to Northern Cyprus’ Prime Minister Ersin Tatar.
Leaders from Israel to Greece set to sign EastMed pipe deal
Cyprus President Nicos Anastasiades, Greek Prime Minister Kyriakos Mitsotakis and Israeli Prime Minister Benjamin Netanyahu will on Thursday sign an accord for the construction of the Eastern Mediterranean natural gas pipeline.
Energean Oil and Gas pledges to hit net-zero by 2050
Mediterranean-focused oil and gas firm Energean has announced its intention to become a net-zero emissions exploration and production (E&P) company by 2050.
Neptune buys up Edison stake in Glengorm field
Neptune Energy has announced that it has entered into a conditional sale with Energean for Edison E&P’s 25% stake of the giant Glengorm North Sea project
Stake in major North Sea discovery to be put up for sale
A sizeable stake in one of the UK North Sea’s largest gas discoveries in years will come on the market once a major acquisition goes through later this year.
North Sea stakes change hands in £600m Energean acquisition of Edison E&P
Energean’s £600 million acquisition of Italian firm Edison E&P has handed the company stakes in a number of UK North Sea assets, including a major discovery.
Glengorm shows ‘still life in more mature UK waters’
Chinese, French and Italian energy firms are celebrating the biggest gas find in the UK North Sea in more than a decade.
Edison looks to triple its Italian customer base
A unit of EDF said it wants to triple its Italian customer base and buy Eni's retail base.