Gas ‘breakthrough’ could see movement in months
After nine years, an agreement was reached this week to move forward gas sharing between Israel and Cyprus as a field straddles the borders. But...
Delek
Cyprus grants Aphrodite reserve exploitation licence
Cyprus on Thursday granted the first hydrocarbon exploitation licence to the consortium that owns the Aphrodite concession, with a view to pipe gas to Egypt...
Aphrodite gas development plan expected this week, minister says
The government expects a joint venture of energy companies to submit a new development and production plan for an offshore gas field this week, with...
LNG back in the limelight
By Charles Ellinas With Noble, Delek and Shell requesting to renegotiate their Production Sharing Agreement (PSA) with Cyprus, and particularly the formula for sharing potential...
Energy companies urged to speed up gas supply (update)
CYPRUS is trying to expedite development of an offshore gas field with a view to supplying the Egyptian market, Energy Minister Giorgos Lakkotrypis said on...
Be cautious, despite oil majors’ interest, warns expert
DESPITE the impressive participation in the third hydrocarbons licensing round in Cyprus’ Exclusive Economic Zone (EEZ), the government should not rest on its laurels, an...
ExxonMobil, ENI, Total, Delek and Statoil among 3rd round bidders (updated)
By Stelios Orphanides Energy minister Yiorgos Lakkotrypis said that Cyprus received three bids for block 10 in its exclusive economic zone, one from a consortium...
Delek announces bid for Cyprus’ EEZ third licensing round
Israeli Delek Group Ltd announced on Sunday that its gas and oil exploration units Avner Oil and Gas LP and Delek Drilling LP have bid for...
Energy giants give assurances of commitment to Cyprus operations (Updated)
Senior executives of two energy companies with hydrocarbons concessions in the island’s Exclusive Economic Zone (EEZ) gave assurances on Tuesday of their commitment to...
Cyprus President holds meetings with heads of energy companies
Cyprus President Nicos Anastasiades will meet on Tuesday with the heads of energy companies, as the deadline for the third oil and gas licensing round...
