News // News worldwide
Greece’s Energean to spend up to $1.5 bln on Israeli offshore gas project
11 January 2017 , 18:03Neftegaz.RU612
Energean Oil & Gas plans to build its own production system in the Eastern Mediterranean at a cost of up to $1.5 billion to tap 2 offshore Israeli gas fields.
The company is Greece’s only oil producer.
It is also looking to bring a financial partner into the project to develop the Tanin and Karish fields which are situated in deep waters around 100km off Israel’s coast.
They have combined gas reserves estimated at around 2.4 trillion cubic feet.
Israel has determined that gas from Tanin and Karish must be sold domestically.
10:10 25.07.2017Saudi Aramco beefing up security on offshore facilities
11:30 20.07.2017The cloud is the limit for AgileTek project with Fugro
00:03 17.07.2017USA is irritated by the recently signed offshore exploration agreement between Russia´s Rosneft and Japan
18:00 14.07.2017Wasco starts coating Nord Stream 2 pipes in Germany
12:10 13.07.2017Mexico: Eni boosts Amoca estimates to 1 billion BOE