Oil and gas companies have assured plans on track
Oil and gas companies have assured the government they remain committed to their projects in Cyprus’ exclusive economic zone and will stick to schedules revised...
Aphrodite field
Chevron to exploit Aphrodite gas ‘as soon as possible’
President Nicos Anastasiades on Monday held a teleconference with energy giant Chevron CEO Michael Wirth whose company has recently acquired a share in the Aphrodite...
Chevron ‘remains interested’ in East Med after Noble buyout
Chevron and its latest acquisition, Noble Energy the concession holder for Cyprus’ Aphrodite field, reaffirmed their intention of continuing cooperation with the government, Energy Minister...
Noble hints at delay in plans for Aphrodite gas field
Noble Energy, the primary concession holder on the Aphrodite gas field, has signalled they are putting on hold plans to develop and monetise the reservoir,...
Cyprus to work with Israel over exploitation of Aphrodite gas field
Cyprus will send a proposal for the exploitation of the Aphrodite natural gas field in the coming weeks to Israel, government spokesman Kyriacos Koushios said...
Egypt-Cyprus deal on Aphrodite field ‘is attracting great investor interest’
The intergovernmental agreement signed between Egypt and Cyprus for Aphrodite gas field resulted to great interest from International oil companies, down-streamers and financial institutions, Egypt’s...
Government may renegotiate deal with Noble Energy, spokesman says
By Stelios Orphanides Government spokesman Prodromos Prodromou said that the cabinet may decide to renegotiate the revenue sharing agreement for the 4.5 trillion cubic feet...
Israel wants 5 per cent or more of Aphrodite revenues
Israel is demanding 5 per cent of more of the production from the distribution of natural gas in a joint offshore reservoir, reports in the...
‘Cooperation essential for developing joint gas reserves’
Cooperation is essential for the exploitation and development of joint gas reserves, Israeli Ambassador Shmuel (Sammy) Revel told the Cyprus News Agency in an interview,...
Glimmer of hope for Cyprus to export its gas to Egypt
Cyprus’ gas discovery in Block 12 has remained stranded since 2012 with no outcome in sight. The Aphrodite natural gas field off Cyprus is commercially...
Israeli delegation to visit for gas field unitisation talks
By Elias Hazou AN Israeli delegation will be visiting the island next week to discuss with their Cypriot counterparts the matter concerning the extension of...
Delek: Cyprus given more time to consider Leviathan gas imports
Israel’s Delek Group has accepted a request by the Cyprus Natural Gas Public Company (DEFA) to postpone the period of validity of a proposal for...
Israeli energy minister to visit as planned
By Angelos Anastasiou ISRAELI Energy minister Yuval Steinitz will visit Cyprus as soon as possible, it was agreed with his Cypriot counterpart Giorgos Lakkotrypis in...
Cyprus, Israel disagree over gas findings
Israel’s demand to be involved in the development approval processes of the gas findings in Block 12 – ‘Aphrodite’ – of Cyprus’ exclusive economic zone...
Delek ‘committed to developing Aphrodite field’
By George Psyllides Israel’s Delek Drilling is committed to developing the Aphrodite gas field, its CEO said on Friday, in line with its strategy of...
Egypt completes feasibility study into Cyprus gas imports
By Staff Reporter Egypt has completed a feasibility study into natural gas imports from Cyprus, Egyptian media are reporting. According to Egyptian newspaper Al-Borsa, engineering...
Israel’s Delek looks to increase stake in Cyprus gas field (Update 2)
By Elias Hazou Israeli conglomerate Delek Group are in talks to buy an additional 19.9 per cent stake of the Aphrodite offshore gas field from...
China Oil in talks to buy part of Aphrodite field (updated)
By Elias Hazou Energy giant China National Offshore Oil Corp. (CNOOC) is reportedly in talks to buy 30 to 40 per cent of the Aphrodite...
Noble: we’re not going anywhere
By Elias Hazou NOBLE Energy yesterday reiterated its resolve to monetising Cypriot gas, at the same time denying reports that it has been discussing piping...
Evaluating the risks of natural gas
MIT researchers have warned Cyprus to think carefully before investing a substantial amount of money in a rather unpredictable resource like natural gas, noting the...