IGI Poseidon has finalised the tendering procedure and is completing the award process of the main engineering and detailed marine survey contracts.
Noble Energy has provided an update on the start-up of the Leviathan field, where gas sales are utilising multiple pipeline networks.
The successful implementation of the project will create more opportunities for gas transmission through the Greece-Bulgaria interconnector.
Ahead of the Intergovernmental Agreement on the EastMed Pipeline, the companies have signed a Letter of Intent for the potential sale and purchase of natural gas from Energean’s gas fields offshore Israel.
The agreement outlines the parties’ intention to co-operate in the joint development of the project, aiming to convey the Eastern Mediterranean gas resources to Europe.
The pipeline will be used to transport natural gas volumes into Egypt under the Company’s gas supply agreements with Dolphinus Holdings.
The first contract encompassed multi-discipline survey tasks aimed to support a deepwater survey pipeline project.