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12° Nicosia,
15 May, 2024
 

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Displaying results 1-17 of 17 matches for query NewMed.

1. Government rejects proposal by Chevron-led consortium

https://knews.kathimerini.com.cy/en/news/government-rejects-proposal-by-chevron-led-consortium

The Cypriot government has once again turned down the proposal put forward by the Chevron, NewMed Energy, and BG Cyprus (Shell) consortium ...

2. Chevron's new proposal for ''Aphrodite''

https://knews.kathimerini.com.cy/en/news/chevron-s-new-proposal-for-aphrodite

March 31 marked the end of the three-month deadline given by Nicosia to the US company Chevron, a key partner in the joint venture for the development of Block 12 ...

3. Cyprus consortium's March deadline for 'Aphrodite' gas field revamp

https://knews.kathimerini.com.cy/en/news/cyprus-consortium-s-march-deadline-for-aphrodite-gas-field-revamp

The consortium licensed for Cyprus’ ''Aphrodite'' gas field will update the development and production plan of the field by March 31, as announced by the Minister of Energy, Commerce, and Industry, George Papanastasiou....

4. Cyprus and Chevron forge agreement on 'Aphrodite' gas field upgrade

https://knews.kathimerini.com.cy/en/news/cyprus-and-chevron-forge-agreement-on-aphrodite-gas-field-upgrade

The Cyprus Government and Chevron Corporation are moving forward with the update of the existing development and production plan for "Aphrodite" gas field in Cyprus’ Exclusive Economic Zone (EEZ)....

5. Chevron delays engineering design for 'Aphrodite' gas field

https://knews.kathimerini.com.cy/en/news/chevron-delays-engineering-design-for-aphrodite-gas-field

Chevron Corp, the operator of the ''Aphrodite'' gas field in Cyprus’ block 12 has requested an extension for the commencement of the Front-End Engineering Design in a bid to “formulate together with the Cypriot government an optimal development plan” for the gas reserve, estimated to hold 4.2 trillion cubic feet....

6. Can Aphrodite field consortium seal the deal?

https://knews.kathimerini.com.cy/en/news/can-aphrodite-field-consortium-seal-the-deal

In a recent update on the Aphrodite field development, the Ministry of Energy has granted a seven-day extension until November 27 for the consortium to finalize an agreement with the government on the field's development plan....

7. Two-week lifeline as ''Aphrodite'' negotiations extend amid deadlock

https://knews.kathimerini.com.cy/en/business/two-week-lifeline-as-aphrodite-negotiations-extend-amid-deadlock

With the deadline for Chevron's proposal on the ''Aphrodite'' reservoir set to expire on Sunday, November 5, negotiations between the Republic of Cyprus and the consortium of ''12'' (Chevron, Shell, NewMed) led by the American giant for the development of the reservoir seem to remain in a deadlock. ...

8. Negotiations on Cyprus EEZ and Chevron continue amid disagreements

https://knews.kathimerini.com.cy/en/business/negotiations-on-cyprus-eez-and-chevron-continue-amid-disagreements

Two days of negotiations regarding the development plan (FDP) for block "12" ("Aphrodite") within the Cypriot Exclusive Economic Zone (EEZ) have concluded in Nicosia. These discussions involved the Ministry of Energy and senior officials from the consortium responsible for its management, which includes Chevron, Shell, and NewMed Energy....

9. Cyprus’ neighbor to add another lane for gas export

https://knews.kathimerini.com.cy/en/news/cyprus-neighbor-to-add-another-lane-for-gas-export

Partners in the Israeli offshore gas project Leviathan said on Sunday they would invest $568 million to build a third pipeline that will allow increased natural gas production and exports...

10. One step for East Med gas but no giant leap

https://knews.kathimerini.com.cy/en/news/one-step-for-east-med-gas-but-no-giant-leap

An Israeli gas company with Greek interests wants to lay a subsea pipeline from Aphrodite natural gas field to a facility in Egypt, a proposal potentially seeking to reduce time and cost but also bypassing the issue of Turkey...

11. Aphrodite emerges from sea but behind closed doors

https://knews.kathimerini.com.cy/en/news/aphrodite-emerges-from-sea-but-behind-closed-doors

NewMed Energy, one of the partners in 'Aphrodite' hydrocarbons field, listed on the Tel Aviv Stock Exchange, will officially announce the delivery of the modified development and production plan of the block on Wednesday, Cyprus Energy Minister George Papanastasiou told the Cyprus News Agency...

12. Chevron pushes forward with Cyprus tricky move

https://knews.kathimerini.com.cy/en/news/chevron-pushes-forward-with-cyprus-tricky-move

Chevron has reportedly started drilling a key appraisal well offshore Cyprus, a development mired in geopolitical controversy over the ethnically-split island as well as neighbor relations...

13. BP and ADNOC's bold bid for the Leviathan field

https://knews.kathimerini.com.cy/en/business/bp-and-adnoc-s-bold-bid-for-the-leviathan-field

Last Tuesday, British multinational oil giant BP and Emirati Abu Dhabi National Oil (Adnoc, the UAE's state oil company) announced a joint bid to buy 50% of Israel's NewMed Energy in a $2 billion deal. ...

14. Cyprus talks up imminent Chevron announcement

https://knews.kathimerini.com.cy/en/news/cyprus-talks-up-imminent-chevron-announcement

Cypriot Energy Minister Natasa Pilides is waging a battle to ensure Chevron’s reluctant development concept for Aphrodite will stick to plan, but cost-cutting ideas, merger wars, and maritime issues continue to blur options backed by an administration on its last leg...

15. Plant to process Israeli gas for export an option

https://knews.kathimerini.com.cy/en/news/plant-to-process-israeli-gas-for-export-an-option

The government of Cyprus is weighing a proposal for a pipeline that would carry natural gas from Israel to the island nation, where it would be processed and exported by ship to Europe and elsewhere as Russia’s war in Ukraine compounds an energy crisis, the Cypriot energy minister said Monday...

16. Chevron buys time as Cyprus and Israel still negotiate

https://knews.kathimerini.com.cy/en/news/chevron-buys-time-as-cyprus-and-israel-still-negotiate

Chevron took a step back this month after it postponed the drilling of an appraisal well offshore Cyprus, a plan that initially caught Israel by surprise and prompted an impromptu visit to Nicosia last summer as the two countries have yet to resolve a dispute...

17. Cyprus gas discoveries boosted by EU’s shift from Russia supplies

https://knews.kathimerini.com.cy/en/business/cyprus-gas-discoveries-boosted-by-eu-s-shift-from-russia-supplies

The European Union’s drive to slash reliance on Russian natural gas is boosting the strategic importance of finds in Cyprus, the country’s energy minister said....

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