Eni

By decision of the Greek Regulatory Authority for Energy (RAE), ICGB AD receives a license for an Independent Transmission System Operator (INGS).

In response to Turkey's current activities and future designs in Cyprus' territorial waters, Nicosia issued a navigational telex Friday reserving parts of blocks 2 and 3 in its exclusive economic zone (EEZ) for naval exercises from July 1 to 10.

With Nicosia seeking to consolidate its sovereign rights in view of Turkey's stance in the Eastern Mediterranean, Cyprus Energy Minister Yiorgos Lakkotrypis announced on Tuesday that the country will conduct eight drillings, six exploratory and two confirmatory, in specific areas of its exclusive economic zone (EEZ) over the next 24 months, without revealing exactly where.

As Turkey raises the stakes in the Eastern Mediterranean with violations and threats of drilling in Cyprus' exclusive economic zone (EEZ), the Cypriot minister of energy, commerce, industry and tourism notes that "the best response is for us to continue to implement our energy strategy unfettered."

Corinth Pipeworks, part of Cenergy Holdings, has won a 58.2 million euro ($65.39 million) tender to supply line pipes for a gas interconnector link between Bulgaria and Greece, project company ICGB said.
The Greek pipe maker was one of three pre-selected contenders, one of which withdrew from the process and the other did not meet technical requirements, ICGB said in a statement.

Total and ENI are expanding their presence in the Cypriot EEZ according to government sources. The French-Italian consortium has been allocated the exploration licence for Block 7 according to unofficial information obtained by the Cyprus News Agency.
The same sources reported that the French and Italian partnership can be extended to other Blocks of the Cyprus EEZ.

The Eastern Mediterranean has once more emerged as a particularly critical area for international and regional stability, security and economic growth. On its geopolitical chessboard, competition is evolving.

To reduce the politicization of the energy sector, experts from Russia, Serbia and Turkey called for a discussion in Sofia on the development of gas projects in the Balkans.

During the forum, Bulgartransgaz reported that in the deep-water drilling of the Black Sea  near Burgas, there are still no oil and gas.

According to the government, the first deputy PM and foreign minister spoke at the panel "Mission Possible -Challenges and Solutions for the Energy Transition" of the Berlin Energy Transition Dialogue, to point out that the natural gas transport system in Serbia is linear.

Consortium between the Italian Arkad ABB S.p.A. and the Saudi Arkad Engineering & Construction Company has been named the winner of the tender for the expansion of Bulgaria's gas transmission system. This is announced by the national gas transport operator "Bulgartransgaz".