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...
Noble
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...
Cyprus reaches deal with Noble on modifying gas contract – reports
The government is said to have clinched a deal with the Aphrodite gas field stakeholders to modify the production sharing contract, with energy minister Giorgos...
Revenue-sharing talks for Aphrodite gas find going well
Talks aimed at recalibrating the revenue-sharing agreement for the Aphrodite gas reservoir appear to be going well, reports said on Tuesday. Daily Politis said progress...
President touts Cyprus’ comparative advantages to prospective investors in New York
The comparative advantages of Cyprus as a business and investment destination were presented on Friday evening by President Nicos Anastasiades during the business forum “Invest...
Cabinet appoints committee to renegotiate gas agreement (updated)
The cabinet on Tuesday appointed a committee that will enter talks with energy companies over the revenue sharing agreement for the 4.5 trillion cubic feet...
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...
Larnaca council to take legal action against oil company permits
The Larnaca municipal council announced on Tuesday that it would take legal action against the irregular renewal of the permits for energy giant Noble and...
Tough gas talk is misleading
New gas concessions were not connected to breakdown in talks The fact that peace talks are currently stalled does not necessarily mean Cyprus will cease...
Total’s plans in limbo after logistics contract blunder, ENI, Noble hint at logistics move abroad
ENERGY giant Total’s plans to explore for hydrocarbons offshore Cyprus are stuck in limbo, while ENI and Noble Energy are intimating they are considering moving...
