Cyprus | Egypt Oil & Gas - Part 7

Cyprus Plans New Offshore Licensing Bids

Cyprus is planning a third offshore licensing round for oil and gas exploration in the eastern Mediterranean Sea.

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).

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, said EU Energy Commissioner, Maros Sefcovic.

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.

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. The $30b deal is expected be signed before BG is purchased by Shell in late January.

Egypt, Greece and Cyprus Discuss Energy Cooperation

President Sisi is in Athens December 8th and 9th to discuss energy cooperation between Egypt, Greece and Cyprus.

Cyprus Renews French Total’s Oil, Gas License

Cyprus has renewed an agreement with French energy company, Total for oil and gas offshore explorations for additional 2 years despite disappointing first round of exploratory drilling in 2014.

Aphrodite Gas Within Egypt’s Reach Thanks to BG Deal

The energy minister of Cyprus, Yiorgos Lakkotrypis, announced on Monday that a move by British oil and gas company BG International to buy a stake in Cyprus’ offshore mineral deposits was an important step forward fo ...

Noble Energy: Still Room for Gas Exports to Egypt

“Reports of the death of the (gas) market in Egypt have been greatly exaggerated” says Noble Energy Vice President and Country Manager for Cyprus Gene Kornegay. The Noble Executive spoke at The Economist Cyprus Summi ...

Israel Invites Oil Majors Following Nationwide Anti-Monopoly Protests

Israel is inviting international oil companies to further explore its offshore waters for natural gas, Israel’s Minister of National Infrastructure, Energy and Water Resources Yuval Steinitz announced.

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