Eight offshore drills for hydrocarbons over next 24 months
Cyprus plans to carry out eight offshore drills for hydrocarbons over the next 24 months, the government revealed on Tuesday. “Activities within the Exclusive Economic
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Cyprus expects first gas output from Aphrodite field by 2025
By Devika Krishna Kumar Cyprus expects initial natural gas production from the Aphrodite field will begin between 2024 and 2025, Cyprus’ Minister of Energy Yiorgos
Trade with UK not expected to be hit by hard Brexit
Cyprus’ trade with the UK is not expected to be adversely affected in any significant way, including in the event of a hard Brexit, Commerce
Challenges ahead for tourism industry, hoteliers say
Despite recent record years Cyprus’ tourism continues to face great challenges due to geopolitical developments, recession and competition from neighbouring countries, speakers at the 41st
France’s Total may expand presence into block 8 of EEZ (Updated)
French energy giant Total, wants to expand its presence into block 8 of Cyprus’ exclusive economic zone (EEZ) Energy Minister Yiorgos Lakkotrypis said on Monday.
ENI defiant in face of Turkish threats
The CEO of Italian energy giant ENI, Claudio Descalzi, was defiant in the face of Turkish threats on Wednesday, saying the company was committed to its plans
Lakkotrypis confirms Shell’s interest in Cypriot gas
Energy Minister Yiorgos Lakkotrypis said Royal Dutch Shell has shown interest in buying Cypriot and Israeli gas over the next 10 years. Lakkotrypis, who was
Cyprus, Greece and Egypt Tourism Ministers discuss cruise tourism
Minister of Tourism Yiorgos Lakkotrypis has had a trilateral meeting with his Greek and Egyptian counterparts Elena Koundoura and Rania Al Mashat in Berlin on
Tourism minister to attend Berlin travel fair
Energy, Commerce, Industry and Tourism Minister Yiorgos Lakkotrypis departs on Tuesday for Berlin, where he will lead the Cyprus delegation participating in the ITB International
Lakkotrypis says Cyprus’s hydrocarbon planning to continue
By Stelios Orphanides The minister of energy said that Cyprus’s plans to explore, develop and exploit hydrocarbons in its exclusive economic zone (EEZ) will continue
Diplomatic efforts continue over gas standoff, energy minister says
Energy Minister Giorgos Lakkotrypis said Wednesday diplomatic efforts to end a standoff with Turkey over natural gas exploration continued, as Italy warned it could eventually
‘Zohr-like play’ in Block 6, Turkish Navtex will not stop plans (Wrap-up)
ITALIAN energy giant ENI said on Thursday that it made a discovery of lean gas off the coast of Cyprus after drilling an exploratory well
Eni made important gas discovery in block 6 (updated)
Italy’s energy giant Eni said that it made a lean gas discovery off the coast of Cyprus after drilling an exploratory well at Calypso, the
Saipem drillship arrives for exploration in block 6
THE Saipem 12000 deepwater drillship has arrived at the target in block 6 where later this week it is scheduled to commence drilling an exploratory
Cyprus, Greece, Italy and Israel back natgas pipeline to Europe (updated)
Cyprus, Italy, Greece and Israel agreed on Tuesday to back the construction of a gas pipeline from newly discovered fields in the eastern Mediterranean to
Anastasiades to meet ENI chief
Details of which wells ENI will be drilling next, and when, could emerge from Friday’s scheduled meeting between the company’s CEO Claudio Descalzi and President
Lakkotrypis presents benefits of Cyprus for investment at London gathering
Energy Minister Yiorgos Lakkotrypis presented the benefits of Cyprus as an investment destination during a business event organised in London. Lakkotrypis, in London for this
Lakkotrypis to attend World Travel Market in London
Yiorgos Lakkotrypis, Minister of Energy, Commerce, Industry and Tourism is to depart for London to attend the World Travel Market 2017. An official announcement said
No easy path for Cyprus to become an energy hub, Lakkotrypis says
There are no easy solutions Cyprus wants to become an energy hub and to exploit its natural wealth, Energy Minister Yiorgos Lakkotrypis said on Wednesday.
Planned drillings to give clear hydrocarbons picture (Updated)
Four or five drills are expected over the next 12 months, Energy Minister Yiorgos Lakkotrypis told MPs on the House Finance committee on Monday. Grilled