Lebanon will issue international tenders for drilling in its potentially gas-rich Mediterranean waters and aims to have contracts signed with the winning firms within a year, its Minister of Energy said on Thursday.
Interest in drilling of
Turkish Energy Minister Taner Yildiz said on Wednesday Turkey may carry out gas exploration in the Mediterranean with Egypt and that it was considering importing gas from the north African country.
'Turkey and Egypt may work together i
Russia's largest oil producer Rosneft will invest $630 million in a joint project with UAE-based Crescent Petroleum to drill for gas in the Middle East, a top Russian official said.
Rosneft joined Crescent in a gas concession in May in