An appraisal drilling for hydrocarbons off Cyprus has reaffirmed a reservoir of high-quality gas in an area licensed to ExxonMobil and Qatar Petroleum, the island's energy ministry said on Monday.The drilling was conducted by a consortium of ExxonMobil and Qatar Petroleum…
U.S. oil major ExxonMobil has started drilling the Glaucus-2 well in Block 10, offshore Cyprus, to better understand the size of the giant Glaucus-1 gas discovery made in the block back in 2019.The news was shared this week by the Cypriot Ministry of Energy…
A consortium of ExxonMobil and QatarEnergy has signed an exploration and production sharing contract with the Republic of Cyprus for the offshore Block 5 located southwest of the island.This is QatarEnergy’s second exploration block in the Republic of Cyprus…
Turkey on Thursday accused Cyprus of violating its continental shelf by awarding an exploration license in the Mediterranean to Exxon Mobil and Qatar Petroleum, adding it will not allow unauthorized exploration in its jurisdiction.For decades…
Turkey sent a Greek Cypriot research vessel away from what it says is its continental shelf in the Mediterranean on Sunday after it entered the area without permission, Turkey's Defence Ministry said, in a sign of renewed tensions.For decades…
Turkey will carry on exploring for oil and gas in the eastern Mediterranean, Turkish President Tayyip Erdogan said on Friday in comments that may revive tensions with the European Union and Greece amid attempts to repair their frayed ties.Turkey…
Norwegian seismic data firm PGS has begun the first phase of the Cyprus Vision data rejuvenation project in partnership with the Cypriot Ministry for Energy, Commerce, and Industry.'This 14 750 sq. km PSDM re-processing endeavor will deliver…
Hydrographic marine survey company Nicola Offshore and Cyprus Subsea Consulting and Services C.S.C.S. Ltd (C.S.C.S.) have signed a commercial partnership agreement.The goal of the partnership, as shared in a press release on Wednesday, is to…
Israel and Cyprus have reached an understanding over gas reserves straddling their maritime border, the Cypriot energy minister said on Tuesday, in a key step towards resolving a nine-year impasse over offshore spoils.Development of the Aphrodite…
Ministers of Energy of Cyprus, Israel and Greece on Monday signed a memorandum of understanding on Cooperation in relation to the EuroAsia Interconnector Project.The EuroAsia Interconnector is the official EU project developer of the 2,000MW electricity interconnector between Israel…
Germany-based marine data and equipment firm Subsea Europe Services and marine robotics and autonomous systems Cyprus Subsea Consulting and Services, based in Cyprus, have entered strategic cooperation.The cooperation will see the two companies…
The European Union will impose sanctions on more Turkish individuals and companies responsible for drilling in contested waters in the Mediterranean, according to a draft statement prepared for EU leaders to agree at a summit on Thursday.If agreed…
Tensions spiked between Greece and Turkey on Monday over offshore rights in the eastern Mediterranean, with Athens vowing to push its EU peers to activate sanctions against Ankara.The deterioration in relations followed the departure earlier on Monday of a Turkish ship…
A Turkish drillship has left the area where it was operating southwest of Cyprus and reached Turkey's coast for maintenance in a move the European Union said would help ease tensions in the Eastern Mediterranean.Refinitiv tracking data showed…
The Turkish drillship Yavuz has left the area where it was operating southwest of Cyprus and reached the Turkish coast, Refinitiv Eikon shipping data showed on Monday, in a move that may help ease tensions in the eastern Mediterranean.Cyprus'…
