Posts tagged with "block 10"

Upbeat vision of gas future in wake of block 10 find Energy

Upbeat vision of gas future in wake of block 10 find

March 6th, 20192683 The gas find in Glafcos (Glaucus) 1 well in Block 10 of the island’s exclusive economic zone (EEZ) is expected to yield large revenues, the energy minister Giorgos Lakkotrypis said on Wednesday. Speaking at the Sixth Eastern Mediterranean Gas Conference in Nicosia, Lakkotrypis said in the coming weeks further work to confirm the...
Block 10 gas find is a game-changer Opinion

Block 10 gas find is a game-changer

March 3rd, 20194031 By Charles Ellinas The gas find in Cyprus EEZ announced this week is certainly promising, but expectations over revenues and timescales must be realistic ExxonMobil announced on Thursday the discovery of 5 to 8 trillion cubic feet (tcf) natural gas at the Glafcos-1 (Glaucus) well in block 10, with a gas column of about 133m. The...
5-8 trillion cubic feet gas find ‘encouraging’ says energy giant Energy

5-8 trillion cubic feet gas find ‘encouraging’ says energy giant

February 28th, 20194464 Cyprus and ExxonMobil on Thursday announced a natural gas find estimated at between 5-8 trillion cubic feet (tcf) in an offshore field inside the island’s exclusive economic zone. The discovery was made in the Glafcos-1 well in Block 10 of the EEZ. “Based on preliminary interpretation of the well data, the discovery could...
Anastasiades to be briefed Thursday on Exxon findings Energy

Anastasiades to be briefed Thursday on Exxon findings

February 27th, 20192280 President Nicos Anastasiades will on Thursday receive a delegation of ExxonMobil, headed by its vice president Tristan J. Aspray, to be briefed on the findings in plot 10 of the island’s exclusive economic zone. The meeting will be attended by Energy Minister Giorgos Lakkotrypis. Recently, Lakkotrypis has to address a number of...
Energy minister quashes rumours of gas find in block 10 Energy

Energy minister quashes rumours of gas find in block 10

February 14th, 20193514 Exploratory drilling for gas by ExxonMobil in offshore block 10 is ongoing, and announcements will be made once the operations have been concluded, the government said on Thursday. The energy ministry was addressing a number of media reports over the past few days claiming the US oil giant has struck it big at the Glafcos-1 drill...
Egypt-Cyprus deal on Aphrodite field ‘is attracting great investor interest’ Energy

Egypt-Cyprus deal on Aphrodite field ‘is attracting great investor interest’

February 11th, 20194641 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 Minister of Petroleum and Mineral Resources Tarek El-Molla said. In an interview with CNA, the Egyptian minister said that after the...
ExxonMobil’s drilling in context Guest Columnist

ExxonMobil’s drilling in context

February 10th, 20196046 By Charles Ellinas As ExxonMobil approaches the end its drilling campaign, rumours about the results abounded this week as have the extravagance of some of the claims. So let’s put what we know in context. What I present below is based on information, seismic data, satellite data, even hearsay, but we all need to be mindful that so...
Technical problem delays drilling in block 10 Energy

Technical problem delays drilling in block 10

January 4th, 20195736 Drilling in Cyprus’ offshore block 10 by ExxonMobil and Qatar Petroleum has been delayed for 10 days due to a technical problem, reports said on Friday. According to daily Politis, drilling at the Delphine target in block 10 ceased some 10 days ago after drill component was badly damaged. The information has not been confirmed...
Exxon expected to start drilling by week’s end Energy

Exxon expected to start drilling by week’s end

November 14th, 20184527 By Evie Andreou The Stena Icemax drillship leased by ExxonMobil, is expected to begin drilling in Cyprus’ offshore block 10 by the end of the week, it was reported on Wednesday. The drillship arrived on location in block 10 on Sunday and is preparing to begin drilling in the site dubbed by Exxon as ‘Delphine’ after the Greek...
‘Cyprus has not agreed for gas to flow through Turkey’ Cyprus

‘Cyprus has not agreed for gas to flow through Turkey’

November 13th, 20185858 The government on Tuesday rejected reports in the Turkish press that President Nicos Anastasiades expressed his willingness to agree to a deal with Ankara for Cyprus’ natural gas to flow to Europe through Turkey. He was responding to reports in Turkish online news portal T24 that Turkey’s navy will not harass ExxonMobil’s...
Cyprus issues navtex for ‘Delphini’ target as Exxon’s drill ship set to arrive Cyprus

Cyprus issues navtex for ‘Delphini’ target as Exxon’s drill ship set to arrive

November 10th, 20186002 THE Cyprus government issued a navigational telex (navtex) notification to seafarers on Saturday ahead of the arrival next week of Stena IceMax, a drilling ship commissioned by Exxon Mobil to explore for hydrocarbons in block 10 of Cyprus’ exclusive economic zone. The drillship is expected to arrive within the next two days in the...
ExxonMobil’s Ocean Investigator sails for block 10 of EEZ Cyprus

ExxonMobil’s Ocean Investigator sails for block 10 of EEZ

March 28th, 20183743 ExxonMobil’s Ocean Investigator research vessel sailed on Tuesday night from Limassol port into block 10 of Cyprus’ Exclusive Economic Zone (EEZ) to carry out hydrocarbon explorations for the US oil giant. The Ocean Investigator had docked at the port of Limassol on March 14. A second research vessel of ExxonMobil’s, Med...
US urges Cyprus and Turkey to resolve EEZ dispute (Updated) Energy

US urges Cyprus and Turkey to resolve EEZ dispute (Updated)

March 14th, 201817886 US ambassador to Nicosia Kathleen Doherty said on Thursday that while the US recognises the Republic’s right to develop its exclusive economic zone (EEZ) it does not take positions on who has the right over maritime boundaries. At a press conference on Thursday, Doherty said that in terms of the hydrocarbons issue, the parties...
Landmark energy contract signed for block 10 (Updated) Energy

Landmark energy contract signed for block 10 (Updated)

April 5th, 20175206 The contract for the exploration and production-sharing of block 10 in Cyprus’ exclusive economic zone (EEZ) was signed on Wednesday, in the presence of ministers of energy, foreign affairs, finance, and labour and delegations from ExxonMobil and Qatar Petroleum. In a short speech after the signing, energy minister Yiorgos...
Cyprus to take its pick for Block 10 in EEZ Opinion

Cyprus to take its pick for Block 10 in EEZ

August 7th, 20168022 By Abboud Zahr   The results of the recently closed third offshore licensing round are very promising, particularly in view that global oil prices are low and oil companies are slashing their exploration budgets. Reputable international companies have submitted bids for all three blocks on offer (6, 8 and 10). Eight energy...
Licence for seismic exploration granted to Total E&P for block 10 Business

Licence for seismic exploration granted to Total E&P for block 10

January 31st, 20141636 Total E&P Cyprus Ltd has been granted a licence by for seismic exploration for oil and gas in block 10 and in parts of blocks 6, 7 and 11 of Cyprus’ Exclusive Economic Zone, it was announced on Friday. The company will carry out a two-dimensional seismic survey using a specific type of vessels to locate hydrocarbons in the...
Changes underway at central prisons, probe to be concluded soon – minister Cyprus

Changes underway at central prisons, probe to be concluded soon – minister

January 17th, 20141475 By Peter Stevenson Investigations into recent incidents at the central prisons will be concluded as soon as possible so that those found responsible can be held accountable, Justice Minister Ionas Nicolaou said on Friday. “We want investigations to be concluded as soon as possible,” he said. The criminal investigation will...
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