A consortium made up of Eni and Kogas has won three deepwater blocks during the Republic of Cyprus’s second offshore licensing round. The consortium walked away with blocks 2, 3, and 9 in the Cypriot deepwater portion of the Levantine Basin, which spans 15,530 sq km. Eni will operate the blocks with 80% interest; Kogas holds the remaining 20%. This is Eni’s first foray into Cyprus.
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