Cyprus | Egypt Oil & Gas

Egypt, Chevron Discuss Positive Results from Nargis-2 Well and Aphrodite Gas Development

Egypt’s Minister of Petroleum and Mineral Resources, Karim Badawi, met with Kevin McLachlan, Chevron’s Vice President of Exploration, to discuss the positive results of the Nargis-2 appraisal well and prog...

Baker Hughes Wins Subsea Equipment, Services Contract for Cypriot Cronos Gas Project

Baker Hughes has secured a contract from Italian energy company Eni to supply subsea production equipment and services for the deepwater Cronos natural gas development offshore Cyprus, with the award recorded in the t...

Eni Signs EPC Deal for Developing Cronos Gas Field in Cyprus

Italian energy giant Eni signed on October 26 the main engineering, procurement, construction (EPC) and drilling contracts for the development of the Cronos Project located in Block 6 offshore Cyprus. This marks the s...

Cyprus Energy Minister Visits Egypt’s Damietta LNG Plant

Cyprus Energy, Commerce and Industry Minister Michael Damianos visited Egypt’s Damietta liquefied natural gas (LNG) plant on October 21 to assess its readiness to receive and process Cypriot gas for re-export to inter...

Egypt Adds 591 Wells to Production, Records 113 Discoveries in Two Years

Egypt brought 591 new wells into production and made 113 discoveries from the period of July 2024 to June 2026, said Karim Badawi, Minister of Petroleum and Mineral Resources, at the opening ceremony of the Mediterran...

Egypt, Cyprus Advance Aphrodite Gas Project Financial Agreement

Egypt’s Ministry of Petroleum and Mineral Resources and Chevron have initialed a financial framework agreement for the project to connect Cyprus’ Aphrodite gas field to Egypt’s gas infrastructure, marking another step...

MEES: Virtual EastMed Gas Route Positions Egypt as Regional Energy Hub

Egypt could strengthen its position as a regional natural gas transit and export hub through a proposed route connecting Cypriot offshore supplies to European markets via existing infrastructure, rather than a dedicat...

Egypt, Chevron Review Final Steps for Cyprus’ Aphrodite Gas Field Link

Egypt and Chevron reviewed the final steps required to connect Cyprus’ Aphrodite natural gas field to Egypt’s infrastructure, paving the way for a final investment decision (FID) and project implementation. This came ...

Egypt, Cyprus, Greece Move Forward on East Mediterranean Gas Projects

Karim Badawi, Egypt’s Minister of Petroleum and Mineral Resources, held talks with Greek Environment and Energy Minister Stavros Papastavrou and Cypriot Energy Minister Michael Damianos on accelerating East Medi...

El-Sisi: Energy Leads Egypt, Cyprus, Greece Ties

“The energy sector remains at the forefront of cooperation between Egypt, Cyprus, and Greece”, President Abdel Fattah El-Sisi said in a joint press conference following the trilateral cooperation summit wi...

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