Cyprus

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.
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.
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.