Eni Committed to Cyprus Exploration

Friday, October 11, 2019

Italian oil major Eni is committed to the exploration of Cyprus' Exclusive Economic Zone and its contractual engagements with the country, its chief executive said on Friday.

Turkey said last week it had sent an oil-and-gas drilling ship to waters off southern Cyprus where Greek Cypriot authorities have already awarded hydrocarbon exploration rights to Italian and French companies.

In reply to a Reuters request for comment on Eni's position, Chief Executive Claudio Descalzi added the group was planning a joint exploration campaign in the first half of 2020 together with its French partner Total.


(Reporting by Stephen Jewkes, writing by Giulio Piovaccari)

Categories: Drilling Europe

Related Stories

OMV Petrom to Signs More Gas Contracts as Neptun Deep Nears 2027 Start

Equinor Gets Permit to Drill North Sea Wildcat Well

Noble Completes $360M Sale of Five Jack-Ups to Borr Drilling

Current News

Jacket Loadout Milestone Completed for BorWin6 Offshore HVDC Platform

Construction Starts on Nederwiek 2 Offshore Wind Grid Platform

Saipem’s Underwater Drone Carries Out Autonomous Survey at Njord Field

Solstad Lines Up Work for Normand Tonjer CSV

Subscribe for OE Digital E‑News