Energy Ministry says a total of 12 licenses have been given to six companies, four of which are new players in the exploration of natural gas off the country's Mediterranean coast
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NewMed Energy, Chevron Mediterranean Limited and Ratio Energies teaming up on plan to boost production capacity from about 12 billion to 14 billion cubic meters per year

New development plan presented for approval to Cypriot government is expected to cut costs and bring forward production start of natural gas from the reservoir

Energy companies with stake in field, including Chevron and Shell, look to appraise well to confirm estimates on size and scope of the gas deposit

Offer values NewMed, a key stakeholder in Israel's Leviathan offshore gas field, at about NIS 14.1b ($4b); tentative deal is called a 'testament' to Israel-UAE ties

Sales from offshore gas reservoir in 2022 rise to $2.5 billion; partners have plans to increase annual gas supply by about 2 BCM with new subsea pipeline expected in 2025

Israel's NewMed and Adarco Energy each awarded 37.5% stake in Boujdour Atlantique, with license for 8 years; Morocco to get remaining share