Delek Group says the deepwater Tamar gas field in the Levantine basin remains on track for production during the first half of 2013.

BG Group says production has started from the second stage of the West Delta Deep Marine (WDDM) Concession Phase 7 in the Egyptian sector of the Mediterranean Sea.

Noble Energy has confirmed another natural gas discovery offshore Israel.

The drilling rig Homer Ferrington has arrived at the Leviathan 1 well site in the Rachel license in the deepwater Levantine basin.

GeoGlobal Resources has issued a brief review of its exploration activities offshore Israel.

ATP East Med is preparing for drilling and exploration next year on the deepwater Shimshon license offshore Israel.

Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) director Michael R. Bromwich discussed the path forward for U.S. regulation of offshore oil and gas development at the recent Offshore Technology Conference.

Looking ahead about 10 years, oil and gas capex and “drilling intensity” must increase and new technology must be developed to meet future energy demand, according to Schlumberger Chairman and CEO Andrew Gould.

The international oil and gas industry is expected to invest $44.5 billion on Floating Production Systems (FPS) in 2010-2015, according to industry projections. Of the 200 FPS planned for construction in this timeframe, sixty-seven are expected to be installed in deepwater. The ultra-deepwater segment would have 30 FPS units installed in water depth of more than 1,500 m (4,920 ft).