Turkey to dispatch second drillship this month
Turkey will be dispatching a second drillship to the eastern Mediterranean in the middle of the month, the country’s energy minister has said. Fatih
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Block 10 gas find is a game-changer
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
Oil and gas exercises in Larnaca
Larnaca fire services have started exercises related to oil and gas drilling on Tuesday which are set to last until Friday. The drills will take
EastMed agreement ‘expected to be signed in early 2019’
Greece, Italy, Cyprus and Israel are drafting an intergovernmental agreement on the EastMed pipeline with the aim of signing it in the first quarter of
Erdogan makes new threats against Cyprus
“We will not allow the rights of Turkish Cypriots to benefit from hydrocarbons in the East Mediterranean to be violated,” Turkish president Recep Tayyip Erdoğan
Total and ENI apply to explore gas block seven
Energy companies Total and ENI have applied for an exploration licence in block seven of Cyprus’ exclusive economic zone, the energy ministry announced on Monday.
Gas drillship on its way amid bellicose rhetoric
As a drillship continued on its journey to Cyprus on Monday, Turkey was again warning its neighbours that it will defend its interests in
Cyprus wants Turkey to be involved in regional energy plans
By Charles Ellinas There was more confidence and optimism in this year’s 14th Economist Cyprus Summit than before. The summit, held on Friday in Nicosia
Egypt highlights benefits of Cyprus gas renegotiations
Egypt has nothing to fear from the ongoing renegotiations concerning the Cyprus natural gas deal, an Egyptian official has said. In an interview with Ahram
Turkey to purchase second drillship for Med exploration
Turkish president Tayyip Erdogan has reiterated that his nation will protect its ‘rights’ in the Mediterranean sea, announcing plans to purchase a second drillship
Larnaca says will no longer discuss oil and gas relocation
Larnaca Mayor Andreas Vyras said on Friday his municipality rejected the third draft of a memorandum of understanding (MoU) on the relocation of oil and
Roadmap for moving energy firms out of Larnaca
A memorandum of understanding on relocating oil and gas firms from Larnaca by 2020 is expected to be signed after the Easter holidays, it emerged
Turkish side ‘can’t remain patient forever’ (update 2)
Turkey on Tuesday issued a new Navtex, or notice to mariners, effectively extending a blockade that prevents offshore drilling for natural gas by Italian energy
Italy monitoring developments around Saipem 12000 (Update 4)
The Italian foreign ministry said on Monday it is monitoring the harassment of energy giant ENI’s drillship Saipem 12,000 by Turkish navy vessels and is
Hints of encouraging gas finds, but experts urge caution
ENI and Total may have made a substantial gas discovery at their Calypso prospect in Cyprus’ offshore block 6, according to reports in the
Sisi stresses importance of agreement with Cyprus in Zohr field discovery
The maritime demarcation agreement with Cyprus paved the way for Egypt to grant concession areas for international companies in deep waters, Egyptian President Abdel Fattah
Oil and gas services company suing govt for €150m in port dispute- report
EDT, an oil and gas services company operating out of Limassol port is suing the government for 150 million euros for damages suffered as a
UK, Argentina agree joint steps on Falklands in win for diplomacy
Britain and Argentina have agreed to work together towards removing measures restricting the oil and gas, shipping and fishing industries around the disputed Falkland Islands,
Larnaca residents hit out at criticism over evicting energy giants
Citizens action groups representing residents of the Larnaca district have lambasted a member of the Oil and Gas Association for comments he made during a live
Decisions by DEFA & Larnaca spark exodus of energy companies (updated)
By Stelios Orphanides Two decisions taken by authorities recently may at best delay Cyprus’s plans to emerge as a hydrocarbon producer in the medium term,
