US giant ExxonMobil and Qatar Energy signed a contract Friday for oil and gas exploration and production-sharing off the divided island of Cyprus despite Turkey’s opposition to the deal.
Pilides, Varnavas Theodosiou, CEO of ExxonMobil Cyprus, and Ali al-Mana, …
(Bloomberg) –Turkey threatened to block any unauthorized search for gas and oil in its economic exclusive zone in the eastern Mediterranean after Cyprus awarded hydrocarbon exploration and drilling rights in its offshore block 5 to a venture of …
Exxon Mobil led the way with new finds off the coasts of Guyana and Cyprus as global oil and gas discoveries in 2019 hit a four-year high, according to a new report.
Energy companies discovered about 12.2 billion …
Cyprus President Nicos Anastasiades, Greek Prime Minister Kyriakos Mitsotakis and Israeli Prime Minister Benjamin Netanyahu attended in Athens Thursday the signing ceremony for the accord to construct the Eastern Mediterranean natural gas pipeline.
The 1,900-kilometer (1,181 miles) link …
Cyprus expects initial natural gas production from the Aphrodite field will begin between 2024 and 2025, Cyprus’ Minister of Energy Yiorgos Lakkotrypis said on Friday, after negotiations with operators and an ownership squabble delayed output.
Cyprus’ Aphrodite was …
Israel’s Delek Group (ticker: DLEKG) and Texas based Noble Energy (ticker: NBL) announced the commercial viability of their natural gas project offshore Cyprus, according to a release …
