Cyprus
News
February 15, 2024
Together with an extensive data acquisition, Cronos-2 underwent a full and prolonged production test that proved the excellent natural gas gas deliverability capacity of the discovery.
News
August 28, 2023
The involved parties can now “enter into discussions to reach an agreement within a period of 30 days,” Papanastasiou told Bloomberg News, without elaborating on why the plan was rejected. The period for a new round of negotiations started Friday.
News
December 21, 2022
The Zeus-1 well encountered 105 meters of net gas pay in carbonate reservoirs that re-enforces the area’s promising outlook and development.
News
April 15, 2022
Russian tanker operator Sovcomflot PJSC is set to close its Cyprus-based payment center as a result of sanctions imposed on Russia for its invasion of Ukraine, according to people familiar with the matter.
News
August 29, 2019
Cyprus’ national gas company DEFA has selected a multinational consortium to construct the country’s first LNG terminal.
Article
February 2019
The Eastern Mediterranean Gas Conference (EMGC) is gearing up for another must-attend event in Cyprus.
Article
February 2018
Situated in the Eastern Mediterranean Sea, just south of Turkey, the island nation of Cyprus will once again host the Eastern Mediterranean Gas Conference (EMGC), now in its fifth year.
Article
January 2018
Eastern Mediterranean region are beginning to increase E&P activity and were able to bring several key projects on stream in 2017.
News
April 13, 2017
A Turkey-Israel gas pipeline deal could be built through Cyprus’ economic waters even without Cypriot consent, a Turkish official said, dismissing what some experts see as a key obstacle to an energy deal between the two Mediterranean countries.
News
April 05, 2017
DOHA -- Qatar Petroleum and Exxon Mobil signed an exploration and production sharing contract with the government of the Republic of Cyprus for offshore Block 10.
News
March 15, 2017
In the second session of the morning, George Pantelides, partner and head of Consulting Services at Deloitte, next offered strategies for operators and service companies to overcome the challenges of operating in Cyprus.
News
March 14, 2017
Stelios Nicolaides, Director of Hydrocarbons Service for the Republic of Cyprus' Ministry of Energy, Commerce, Industry and Tourism delivered welcoming remarks on behalf of George Lakkotrypis, Minister of Cyprus' Ministry of Energy, Commerce, Industry and Tourism.
News
March 07, 2017
Eni announces that has finalized a farm-in agreement with Total to acquire 50% participating interest of Block 11, offshore Cyprus.
Article
February 2017
The fourth Eastern Mediterranean Gas Conference (EMGC) is being held at Hilton Cyprus in Nicosia, Cyprus, March 14-15. The event venue is conveniently located, allowing easy access to some of the capital city’s main attractions, such as the city center, the Old City and the modern business district.
News
February 06, 2017
Qatar Petroleum is exploring for oil and gas in Cyprus and Morocco as part of a strategy to expand the tiny Gulf emirate’s global energy investments.
Article
January 2017
Eastern Mediterranean region strives to weather low oil price storm
News
January 12, 2017
Driven by the success of Eni’s major Zohr field gas discovery offshore Egypt in 2015, companies are rethinking the Eastern Mediterranean region’s gas potential, according to new analysis from IHS Markit.
Article
January 2016
Eni’s discovery of supergiant Zohr field has changed the energy landscape of the region, prodding stagnant E&P developments in Israel, Cyprus and Greece.
