Europe / Caspian / CIS
Country summary: Cyprus
Current deals: | 0 |
Licensing articles: | 31 |
Completed deals: | 4 |
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Cyprus - recent news
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. |
26 Jun 25 |
Fugro to support deepwater gas project for Eni in Eastern Mediterranean Fugro has been awarded a contract to run a comprehensive site characterisation programme for an Eni operated development of a deepwater gas project in the Eastern Mediterranean. |
15 Apr 25 |
Cyprus: Exxon Mobil's Elektra-1 well in Block 5 disappoints The Ministry of Energy, Commerce and Industry has announced the completion of drilling operations at the Elektra-1 well, in Block 5 of the Exclusive Economic Zone (EEZ) of the Republic of Cyprus, conducted by the consortium of ExxonMobil Exploration and Production Cyprus (Offshore) and QatarEnergy International E&P. Well data and preliminary evaluation work indicate the presence of natural gas in non-commercial quantities. |
18 Feb 25 |
Cyprus/Egypt: Eni signs agreement with Egypt and Cyprus for the development and export of Cyprus Block 6 gas through Egypt’s existing infrastructure Eni signs agreement with Egypt and Cyprus for the development and export of Cyprus' Cronos Block 6 gas through Egypt’s existing infrastructure. Discovered in 2022 and subsequently appraised in 2024, Cronos gas in place is estimated at more than 3 trillion cubic feet (TCF). |
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