NewMed Energy

Production halt will temporarily impact supplies to Israel’s grid and to neighboring countries.

Drilling has concluded of the OMV Petrom-operated well in the deepwater Han Asparuh Block in the Black Sea. A follow-up well should follow shortly on the Krum prospect.

Nitzana pipeline expected to start moving gas to Egyptian markets starting in 2028.

A $2.4-billion expansion project calls for new offshore gas transmission pipeline.

Natural gas production from the Leviathan reservoir has halted, according to NewMed Energy.

OMV and partner NewMed Energy have agreed to drill a second exploration well on the Block 1-21 Han Asparuh license in the Bulgarian sector of the Black Sea.

Following a farm-out transaction, OMV Offshore Bulgaria and NewMed Energy Balkan each have a 50% interest in the Han Asparuk exploration block.

Chevron has submitted an updated plan for the further development of the Leviathan reservoir offshore Israel.

NewMed Energy could acquire a 50% interest in Han Asparuh Block 1-21.