Oil storage

Cyprus speeds up gas field development

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. He pointed out that a floating production unit (FPU) above the gas field would be an essential plan of the new agreement.

'Ertuğrul Gazi' FSRU vessel now flies Turkish flag

Turkey's first floating LNG storage and gasification vessel (FSRU) "Ertuğrul Gazi" is registered to the Turkish International Ship Registry on March 3.

According to the social media account of the Ministry of Transport and Infrastructure's General Directorate of Maritime Affairs, Ertuğrul Gazi flew the Turkish flag.

Energean discovers 28-42 bcm of natural gas off Israel

Greek energy firm Energean has made a vast discovery of 28-42 billion cubic meters of natural gas in the North Karish field off Israel's northwest coast, the company said on Monday.
The discovery is located not far from the company's floating production storage and offloading (FPSO) unit, which aims for a total export capacity of 8 billion cubic meters per year.