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Country summary: Cyprus

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Cyprus - recent news

21 May 26
QatarEnergy signs MoU for gas cooperation with Egypt in the Eastern Mediterranean
QatarEnergy signed a Memorandum of Understanding (MoU) with the Government of the Arab Republic of Egypt and ExxonMobil to study enabling the potential development and commercialization of gas discoveries in Cyprus through Egypt’s existing gas and LNG export infrastructure.
12 Apr 26
Cyprus: NewMed Energy announces initialing of a term sheet for the sale of all recoverable natural gas from Cyprus’s Aphrodite Reservoir to EGAS
NewMed Energy announced that a term sheet has been initialled for the sale of all recoverable natural gas from Cyprus’s Aphrodite reservoir, in Block 12, offshore Cyprus, to Egypt’s state gas company EGAS, alongside a host government agreement (HGA) covering a new offshore transmission project.
13 Mar 26
Cyprus: Worley selected by Chevron Cyprus for Aphrodite Gas Field Development FEED
Worley has been selected by Chevron Cyprus Limited (a subsidiary of Chevron Corporation) to provide Front-End Engineering Design (FEED) and procurement services for the Aphrodite Field Development Project, located offshore Cyprus in the Eastern Mediterranean.
08 Jul 25
Cyprus: ExxonMobil briefs the President of the Republic of Cyprus regarding the new gas discovery in Block 10 offshore Cyprus
During a videoconference between the President of the Republic of Cyprus, Mr Nikos Christodoulides, and the Vice President of ExxonMobil, Mr John Ardill, President Christodoulides was briefed on the new natural gas discovery made at the 'Pegasus-1' well, in Block 10 of the Exclusive Economic Zone (EEZ) of the Republic of Cyprus.
08 Jul 25
Cyprus: Exxon Mobil finds natural gas reservoir offshore Cyprus
A consortium led by ExxonMobil has encountered natural gas at a prospect off the island's coast, a Cypriot government spokesperson said on Monday, according to a Reuters report.

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