Egypt has agreed to buy all the output of the Aphrodite gas reservoir in Cyprus’ exclusive economic zone once the field starts production, international media reported on Thursday. According to Bloomberg, Newmed Energy LP – which owns a stake in the project – posted the statement on the Tel Aviv ...

Offshore Energy • Apr 2

No ‘significant’ gas volumes in Black Sea exploration well

OMV Offshore Bulgaria, an affiliate of Southeastern Europe’s integrated energy player OMV Petrom, NewMed Energy Balkan, a subsidiary of Israel’s NewMed Energy, and Bulgarian Energy Holding EA have drilled a second exploration well in the Black Sea off the coast of Bulgaria. The post No ‘significa...

Offshore Energy • Feb 4

Drilling yields ‘non-significant’ gas shows, next Black Sea well to be spud soon

Southeastern Europe’s integrated energy player OMV Petrom and NewMed Energy Balkan, a subsidiary of Israel’s NewMed Energy, which have drilled a dry hole in the Bulgarian sector of the Black Sea, are weeks away from drilling another well. The post Drilling yields ‘non-significant’ gas shows, next...

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Company Details

Full Name: NewMed Energy
Ticker: NWMD
Country: Israel
Type: Independent
Blocks: 1
Discoveries: 1

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