News ExxonMobil drill has arrived in Cyprus

Akritas

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The ExxonMobil drill has arrived in Cyprus, this is Stena Forth one of the 4 boreholes of the British company Stena Drilling that will drill in block 10. The return of ExxonMobil to the Cypriot EEZ essentially ends the informal moratorium imposed in the spring of 2020 by the pandemic on the companies' activities.

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Akritas

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The proposal of the Minister of Energy, Trade and Industry of Cyprus, Natasa Pileidou, for the licensing of Block 5, of the Exclusive Economic Zone (EEZ) of the Republic of Cyprus, to the consortium of companies ExxonMobil Exploration and Production Cyprus (Offshore, manager, 60 %) and Qatar Petroleum International Upstream LLC (40%), approved by the Council of Ministers of Cyprus.

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