East Mediterranean natural gas prospects, projects hit pay dirt

It has been only 5-6 years that oil and gas companies have sought in earnest for natural gas in the east Mediterranean area to fulfill growing indigenous demand. But in that time, gas development projects-including those underpinning exports of LNG-have marked progress, gaining industry's full attention.A number of companies, integrated and independents alike, have come to the forefront of this effort, becoming firmly entrenched in the exploration, production, development, and marketing of gas in the area, making it one of the hottest-and most closely watched-plays in the world.In particular, exploration and development activities off Egypt and Israel have emerged as core focus areas ...

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