Cyprus News

 

Exxon Mobil Discovers Natural Gas Reserve Offshore Cyprus

Jul 07, 2025

A consortium led by ExxonMobil has found a reservoir of natural gas at a prospect off the island's coast, a Cypriot government spokesperson said on Monday.Drilling resulted in preliminary indications of 350 metres of a gas-bearing reservoir at a depth of 1.9 kilometres (1.2 miles) in the Pegasus-1 well, spokesperson Konstantinos Letymbiotis said.'Further assessment will be required in the coming months to evaluate the results…

Current News

SLB Acquires Well Intervention Software Specialist

SLB Acquires Well Intervention

DOF Scoops Over $220M for AHTS Vessel Contracts with Petrobras

DOF Scoops Over $220M for AHTS

Record Production Boosts Chevron’s Second Quarter Earnings

Record Production Boosts Chevr

ExxonMobil’s Profit Shoots Above Expectations

ExxonMobil’s Profit Shoots Abo

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine