Europe / Caspian / CIS
Country summary: Cyprus
energy-pedia opportunities - Cyprus:
| Current deals: | 0 |
| Licensing articles: | 31 |
| Completed deals: | 4 |
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Energy-Pedia opportunities is a unique, online, real-time market intelligence service, un-matched in the industry. It provides comprehensive details of upstream oil and gas opportunities worldwide, plus full details of all current and upcoming licence rounds. Helping established oil companies maintain and develop their upstream portfolios and enabling start-up companies to build successful businesses.
Cyprus - recent news
| 08 Sep 26 |
Cyprus: McDermott awarded subsea contract for Cronos development in Cyprus McDermott has been awarded a substantial subsea contract by Eni Cyprus for the Cronos gas field development offshore Cyprus, marking McDermott's first subsea project award with Eni and expanding the company's presence in the Eastern Mediterranean region. |
| 31 Jul 26 |
Cyprus: Shell agrees to sell BG Cyprus to MOL Group for up to $720 million Shell has reached an agreement to sell its 100%-owned subsidiary BG Cyprus Ltd. to MOL Group for up to $720 million. BG Cyprus holds a 35% non-operated interest in the Cyprus Offshore Block 12, containing the Aphrodite gas field in the eastern Mediterranean. |
| 28 Jul 26 |
Cyprus: TotalEnergies approves the development of the Cronos gas field to supply Europe with LNG TotalEnergies (50%) and Eni (50%, operator), partners in Cyprus offshore Block 6, have taken the Final Investment Decision (FID) for the development of the Cronos gas field, discovered in 2022 and successfully appraised in 2024. |
| 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. |
Cyprus - more news
