Cyprus has received six applications from eight companies for the three blocks it put up in its 3rd Licensing Round for offshore exploration. The three blocks were Blocks 6, 8 and 10, in the Exclusive Economic Zone of Cyprus in the Mediterranean Sea…
The Republic of Cyprus announced its third Licensing Round for offshore exploration consisting of three blocks. The areas up for grabs include Blocks 6, 8 and 10, lolcated in the Mediterranean Sea. The application deadline is 22 July…
Planned drilling at Block 12 offshore Cyprus gained a waiver from the government of Cyprus to carry out additional drilling outside of the Aphrodite area, upon the completion of the transfer of 50% of the rights of Noble Cyprus in Block 12 to BG Cyprus…
BG Group secured 35% stake from Houston-based Noble Energy in Block 12 offshore Cyprus in a US$165 million farm out deal, which gives the UK deepwater and LNG focused company a piece of the Aphrodite natural gas discovery. Map of Cyprus…
Noble Energy’s Aphrodite in the Eastern Mediterranean has been deemed commercial, according to the Delek Group. Map of Cyprus. From Noble. Aphrodite is located offshore Cyprus…
Israel’s Delek Group is proposing a US$155 million deal to acquire 19.9% stake in Block 12, offshore Cyprus, from Houston-based Noble Energy. Map from Noble. Block 12 covers approximately 2684sq km in the Eastern Mediterranean Sea…
Noble Energy, Inc. announced that the A-2 appraisal well drilled on the Block 12 discovery off Cyprus encountered about 120ft of net natural gas pay within Miocene-aged sands. The Cyprus A-2 well, which is more than four miles northeast of the A-1 discovery location…
Noble Energy, Inc. has downgraded the gross resource potential of its A-2 appraisal well, drilled on the Block 12 discovery offshore the Republic of Cyprus. With the reserve potential initially set between 5-8Tcf, the company has now lowered its figures to 3…
Eni’s CEO Paolo Scaroni, and COO of Exploration & Production Claudio Descalzi, met with Cyprus President Nicos Anastasiades in the town of Nicosia today (July 11) in order to discuss the Italian explorer’s current and future local projects…
Total entered two production sharing contracts with the Republic of Cyprus for blocks 10 and 11 as part of the country’s second offshore exploration licensing round. The licenses, southwest of Cyprus, extend over 2572 sq km and 2958 sq km…
A consortium made up of Eni and Kogas has won three deepwater blocks during the Republic of Cyprus’s second offshore licensing round. The consortium walked away with blocks 2, 3, and 9 in the Cypriot deepwater portion of the Levantine Basin…
Total to begin seismic acquisition off CyprusCyprus map (Image: Total)Total entered two production sharing contracts with the Republic of Cyprus for Blocks 10 and 11, the company announced on 6 February 2013. The awards are a part of the country's second offshore exploration licensing round…
Licensing round awards three deepwater blocksClick to view larger mapA consortium made up of Eni and Kogas has won three deepwater blocks during the Republic of Cyprus' second offshore licensing round, Eni announced on 24 January 2013.The consortium walked away with Blocks 2…
Radius Oceanic Communications and the Cyprus Telecommunications Authority (Cyta) announced the launch of the Poseidon project, a high capacity undersea cable system intended to provide advanced telecommunications facilities to the offshore oil & gas industry in the Eastern Mediterranean region…
Like a Christmas present, what was widely rumored and anticipated following recent Israeli hydrocarbon discoveries, Houston’s Noble Energy announced in late December 2011 the results of its recent well in the Cypriot Economic Zone. It contains up to 9tcf of natural gas…
