Author Archives: Mona Sukkarieh

Exploration on hold

Exploration on hold

This article was written in May for the June edition of Executive Magazine. The third well drilled in Cyprus’ Exclusive Economic Zone (EEZ) failed to reveal commercially exploitable natural gas reserves. Italian multinational Eni’s Saipem 1000 drillship drilled to a depth of 5,485 meters in Amathusa, in Block 9, without yielding positive results. This is

Thinking ahead

Since 2010, policymakers in Israel have had to repeatedly intervene in the energy sector to deal with challenges — not just opportunities — presented by the discovery of large gas fields. [pullquote]Since 2010, policymakers in Israel have had to repeatedly intervene in the energy sector[/pullquote] In December 2014, Israel’s antitrust commissioner David Gilo revoked a previous

Floating an idea

The Eastern Mediterranean is a complex environment for gas producers and countries aspiring to become gas exporters in the next few years. Not only do they have to deal with the usual industry challenges, but also with an even tougher factor: geopolitics. A recent report commissioned by the Norwegian government highlights such difficulties by indicating,

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