Cyprus | Egypt Oil & Gas - Part 10

Six Energy Giants Interested in Cyprus’ Offshore Licenses

Cypriot Energy Ministry, Georgios Lakkotrypis, has announced that ENI, Total, Statoil, Exxon Mobil, Qatar Petroleum, and Cairn are six among the eight companies that had sent their expressions of interest for earning ...

Egypt Inks Exploration Agreements with Mediterra, IPR

The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, has signed two agreements that grant Cyprus’ subsidiary Mediterra and U. IPR oil and gas company exploration rights in Upper Egypt, according t...

Eight Energy Firms Apply for Offshore Gas Drilling Rights in Cyprus

Eight energy companies have submitted six applications for winning exploratory drilling rights in blocks six, eight, and ten in Cyprus’ Exclusive Economic Zone (EEZ). The names of the companies are yet to be revealed,...

Italy’s Eni to Start Drilling Offshore Cyprus in 2017

The CEO of Italian oil and gas company Eni, Claudio Descalzi, has announced that exploratory drilling off Cyprus’ southern shore will be initiated in 2017, according to Hellenic Shipping News. After discussions with C...

Cyprus Lauches Third Offshore Bidding Round

Cyprus has launched a third licensing round for offshore oil and gas drilling in the Mediterranean Sea, on the island’s southern coast, Offshore Post reported. Blocks 6, 8, and 10 of the country’s Exclusive Econ...

Cyprus Plans New Offshore Licensing Bids

Cyprus is planning a third offshore licensing round for oil and gas exploration in the eastern Mediterranean Sea, Upstream online reported. The government said it would start preparations soon and it has authorized th...

Cyprus to Hold 3rd Gas Exploration Licenses Round

The government of Cyprus announced that it would push ahead with a third licensing round to search for potential natural gas deposits in its Exclusive Economic Zone (EEZ). According to a statement, the process will be...

EU Eyes Gas Import from East Mediterranean Fields

The European Union could import gas from newly discovered deposits in the Eastern Mediterranean in an attempt to diversify its supplies and bolster Europe’s energy security, EU Energy Commissioner, Maros Sefcovi...

Cyprus Extends Exploratory Drilling Licenses to ENI

The Cyprus government has approved a two-year extension for the licenses of Italy’s ENI and its South Korean partner KOGAS to explore oil and gas reservoirs off the southern coast of the Mediterranean island, He...

Leviathan Partners and BG Negotiating $30b Egypt Gas Deal

The partners in Israel’s Leviathan Gas Field are close to an agreement with British Gas (BG) to export gas to Egypt, Israeli business journal Globes reports. According to sources, the $30b deal will be signed before B...

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