Calendar An icon of a desk calendar. Cancel An icon of a circle with a diagonal line across. Caret An icon of a block arrow pointing to the right. Email An icon of a paper envelope. Facebook An icon of the Facebook "f" mark. Google An icon of the Google "G" mark. Linked In An icon of the Linked In "in" mark. Logout An icon representing logout. Profile An icon that resembles human head and shoulders. Telephone An icon of a traditional telephone receiver. Tick An icon of a tick mark. Is Public An icon of a human eye and eyelashes. Is Not Public An icon of a human eye and eyelashes with a diagonal line through it. Pause Icon A two-lined pause icon for stopping interactions. Quote Mark A opening quote mark. Quote Mark A closing quote mark. Arrow An icon of an arrow. Folder An icon of a paper folder. Breaking An icon of an exclamation mark on a circular background. Camera An icon of a digital camera. Caret An icon of a caret arrow. Clock An icon of a clock face. Close An icon of the an X shape. Close Icon An icon used to represent where to interact to collapse or dismiss a component Comment An icon of a speech bubble. Comments An icon of a speech bubble, denoting user comments. Ellipsis An icon of 3 horizontal dots. Envelope An icon of a paper envelope. Facebook An icon of a facebook f logo. Camera An icon of a digital camera. Home An icon of a house. Instagram An icon of the Instagram logo. LinkedIn An icon of the LinkedIn logo. Magnifying Glass An icon of a magnifying glass. Search Icon A magnifying glass icon that is used to represent the function of searching. Menu An icon of 3 horizontal lines. Hamburger Menu Icon An icon used to represent a collapsed menu. Next An icon of an arrow pointing to the right. Notice An explanation mark centred inside a circle. Previous An icon of an arrow pointing to the left. Rating An icon of a star. Tag An icon of a tag. Twitter An icon of the Twitter logo. Video Camera An icon of a video camera shape. Speech Bubble Icon A icon displaying a speech bubble WhatsApp An icon of the WhatsApp logo. Information An icon of an information logo. Plus A mathematical 'plus' symbol. Duration An icon indicating Time. Success Tick An icon of a green tick. Success Tick Timeout An icon of a greyed out success tick. Loading Spinner An icon of a loading spinner.

Cyprus restarts drilling push with Exxon, Eni talks

Post Thumbnail

Cypriot President Nikos Anastasiadis has held talks with ExxonMobil ahead of drilling planned for the end of the year.

A statement from Cyprus said Anastasiadis had met Exxon’s senior vice president Mike Cousins in New York. The two sides discussed the company’s plans for Block 10, offshore Cyprus.

Discussions touched on the broader development plans for the Eastern Mediterranean and Cyprus’ exclusive economic zone (EEZ) energy plans.

Also attending the talks were Minister of Foreign Affairs Nikos Christodoulidis, the Minister of Energy, Trade and Industry Natasa Pileidou and various other officials.

From Exxon’s side, the company’s vice president for frontier exploration John Ardill and government relations director Rochdi Younsi participated.

Cyprus’ energy ministry has reported that Exxon plans to start appraisal drilling in Block 10 in late November or early December.

The US company drilled the Glaucus-1 well on the block in 2019, reporting a resource of 142-227 billion cubic metres of gas. This was the second of a two-well programme. The first well, Delphyne-1, did not find commercial hydrocarbons.

Up next

Energy Minister Pileidou is due to hold talks with Eni chief exploration officer Luca Bertelli on September 28, in Italy.

Eni drilled the Calypso discovery well in Cyprus’ Block 6. It announced in February 2018 that it had made a lean gas find. The company drew a comparison with the major Zohr field, offshore Egypt.

The Italian company, and TotalEnergies, dominate Cyprus’ offshore, holding seven of the eight exploration licences. Pileidou, talking in August, said the pair would restart drilling in early 2022.

Cyprus has been eager to drive development of its offshore resources but progress has been halting. High energy prices across Europe – and the world – may provide an opportunity for the country.

Map showing Cyprus' offshore licences

Recommended for you

More from Energy Voice

Latest Posts