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E & P News

2017

Jan 2017: Malta received its first cargo of LNG at the Delimara terminal and power station. The Shell-operated 136,600 cubic metre LNG carrier Galea docked beside the FSU Armada LNG Mediterrana moored at the Delimara terminal jetty.

2015

Jan 2015: Genel Energy is abandoning its exploration program, writing-off of around US$30 mm in offshore drilling costs of the Hagar Qim dry hole in the Area 4 licence.

Jan 2015: J&P-Avax has signed a deal with Electrogas Malta for an EPIC project to build a plant to import, store and regasify LNG. The plant will supply natural gas to Malta’s largest energy station in Delimara.

2014

July 2014: Genel Energy, operator (75%) of the Area 4 offshore licence, reports that the Hagar Qim-1 well has been drilled to the Eocene and has been plugged and abandoned with no indications of hydrocarbons. Mediterranean Oil & Gas is Genel’s partner with 25%.

2013

Jul 2013: Italy and Malta aim to reach an accord that will allow the two countries to define offshore areas open for hydrocarbon exploration, possibly allowing for joint work. Malta and the Italian island of Sicily are located very close to one another.

Jul 2013: Mediterranean Oil & Gas is on track to drill the Hagar Qim-1 exploration well after securing the Paul Romano deep-water semi-submersible rig and completion of a well site seabed survey by Fugro.

Feb 2013: Mediterranean Oil & Gas will drill the Hagar Qim-1 offshore well in Area 4 during 4Q 2013 pending sourcing a rig.

Feb 2013: Cairn Energy has entered an exploration study agreement with the government of Malta. This covers various blocks in the Sicily Channel over an area of about 6,000 sq kms.

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