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Country summary: Cyprus

energy-pedia opportunities - Cyprus:
Current deals: 0
Licensing articles: 31
Completed deals: 4

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Cyprus - recent news

01 May 24
Cyprus: Eni CEO meets with President of the Republic of Cyprus Nikos Christodoulides to discuss Eni’s activities and future projects in the Country
The President of the Republic of Cyprus Nikos Christodoulides and Eni Chief Executive Officer Claudio Descalzi met in Nicosia to discuss Eni’s activities and future projects in the Country. In particular, President Christodoulides and Eni CEO reviewed the discoveries made in 2022 by Eni and its partner TotalEnergies,of Cronos and Zeus which led to the drilling of Cronos 2 appraisal well in late 2023.
15 Feb 24
Cyprus: Eni confirms the extension and excellent well deliverability of Cronos gas discovery offshore Cyprus
Eni has announced the successful completion of the Cronos-2 well, drilled to appraise the Cronos discovery in Block 6, offshore Cyprus, in August 2022. The production test allowed for the estimation of a well production capacity in excess of 150 MMSCFD in production configuration and is instrumental in progressing with the studies to select the best fast-track development option.
15 Jun 23
Cyprus: PGS releases final Cyprus Vision data
PGS’ Cyprus Vision final products deliver advanced seismic imaging that enables the evaluation of opportunities in Cyprus EEZ, in a single volume of contiguous, KPSDM depth data. The project was carried out in partnership with the Cypriot Ministry for Energy, Commerce and Industry.
31 May 23
NewMed Energy reports further progress towards development of Aphrodite discovery in Cyprus
NewMed Energy reports that the partners in the Aphrodite reservoir (NewMed Energy, Chevron, Shell) have submitted an updated plan for development of the reservoir for the Cypriot government’s approval. Production and processing of the natural gas from the reservoir will be carried out via a subsea pipeline which will be connected to an existing processing and production facility in Egypt.
20 Mar 23
Cyprus: BorchWix Energy Advisors win Service Contract for the provision of Subsurface Advisory Services to Cyprus Hydrocarbons Company
BorchWix Energy Advisors have announced the award of a two-year contract for the provision of Oil and Gas Subsurface Advisory services to Cyprus Hydrocarbon Company. The award follows the BWEA led Consortium winning an open competitive tender procedure. BWEA will be working with Consortium partner company Badley Ashton & Associates to deliver the wide-ranging contract scope which covers exploration, appraisal, and field development activities.

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