27 April 2024
New offshore exploration era begins for Cyprus
Publication date: 06 April 2017
Gas Strategies Group
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ISSN: 0964-8496
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Cyprus moved into a new offshore exploration era this week with the signing of production sharing contracts for three blocks in its exclusive economic zone (EEZ).
A license for Block 10 was signed with ExxonMobil and Qatar Petroleum (QP) on Wednesday and licenses for Blocks 6 and 8 were signed with France’s Total and Italy’s Eni on Thursday.