Following on from our blog post on the 8th October we are able to bring you a recording of our presentation at Finding Petroleum event “Opportunities in the Eastern Mediterranean” in September 2019.
Click the link below to view the video
(*Mike Cooper does of course mean Nile delta, not Niger delta - two talks in quick succession can lead to the odd mistake!)
1st Subsurface presented an overview of the oil and gas scene in the Eastern Mediterranean at the Finding Petroleum event “Opportunities in the Eastern Mediterranean” in September 2019.
The remaining reserves in the region were reviewed and the opportunity and timing of imminent significant reserves adds were discussed.
A summary of the exploration history of the area was reviewed. From the first gas fields in the Nile delta, (e.g. Abu Qir), through Baltim to Saffron discovered by tracking palaeochannels of the Nile to the carbonate plays of Zhor (ENI 2015) and the large gas discoveries offshore Israel (Leviathan) and Cyprus (Aphrodite / Glaucus).
Finally we reviewed the current escalating tensions caused by Turkey and Cyprus both claiming rights over the same maritime area, in which Turkish drill-ships are currently active (Sep 2019). Watch our recent YouTube video on this subject!