Greek PM May Seek Sanctions Against Turkey in Gas Row
Greece and Cyprus will push their EU partners to penalize Turkey, including the possible option of sanctions, if Ankara is verified to have started drilling for gas west of Cyprus, Greek Prime Minister Alexis Tsipras said on Sunday.The discovery of lucrative energy reserves in the eastern Mediterranean has drawn into sharper focus long-standing tensions…
BMT and MSI in Joint Alexandroupolis FSRU Terminal Project Award
BMT and Metocean Services International (MSI) have been jointly awarded a contract by Gastrade to deploy an Environmental Monitoring System (EMS) and develop metocean criteria to be utilized for the design of the offshore moored FSRU and the subsea pipeline to shore. The Alexandroupolis FSRU will be located offshore Greece in the northern Aegean Sea…
Energean to Buy Two Israeli Gas Fields
The partners in Israeli offshore gas fields Tamar and Leviathan have agreed to sell their rights in two smaller fields to Ocean Energean Oil and Gas Ltd for $148.5 million to comply with a government requirement. Delek Group, which has controlling interests in several gas fields in the eastern Mediterranean, is being forced by the government to sell off some assets in an effort to open the sector to competition.
Fuel Consumption, Emissions Monitoring Software Updated
As part of the ongoing Blue Star Delos Renewable Energy Innovation Project, Eco Marine Power (EMP) stated that the Aquarius Management & Automation System (MAS) installed on Blue Star Delos has been updated with new fuel oil consumption (FOC) and emissions monitoring software. This updated software combined with the Aquarius MAS hardware allows for…
Renewable Energy on Ships: ECO Marine Sees Potential in U.S.
In a step towards bringing renewable energy to shipping, Eco Marine Power (EMP) has been granted a United States Patent for technology related to its wind and solar power system for ships – Aquarius MRE. As a result, EMP now intends to explore joint development project opportunities in the United States and is currently considering a number of options.
NATO Overcomes Tensions to Set Terms of Aegean Mission
NATO allies have overcome territorial sensitivities between Greece and Turkey and agreed on how their ships will help counter the criminal networks smuggling refugees into Europe across the Aegean Sea, NATO's chief said on Thursday. After late-night talks in Brussels, NATO envoys set out how ships already sent to the Aegean, including Turkish and Greek vessels…
Greece, Cyprus, Egypt to Speed Up Talks Over Sea Boundaries
Greece, Egypt and Cyprus agreed on Wednesday to speed up talks to demarcate sea boundaries in the Eastern Mediterranean as part of efforts to turn the region into an offshore natural gas hub. Egyptian President Abdel Fattah al-Sisi, Greek Prime Minister Alexis Tsipras and Cypriot President Nikos Anastasiades met in Athens to discuss how they could…