Cyprus News

Eni to drill off Cyprus in 2014

Jul 11, 2013

Eni’s CEO Paolo Scaroni, and COO of Exploration & Production Claudio Descalzi,  met with Cyprus President Nicos Anastasiades in the town of Nicosia today (July 11) in order to discuss the Italian explorer’s current and future local projects…

IMarEST Appoints 111th President

Jul 15, 2013

Andreas Chrysostomou has been appointed the 111th President of the Institute of Marine Engineering, Science and Technology (IMarEST) at its annual general meeting on 21 March 2013. Richard Vie has been appointed President Elect…

Total wins Cyprus blocks

May 15, 2013

Total entered two production sharing contracts with the Republic of Cyprus for blocks 10 and 11 as part of the country’s second offshore exploration licensing round. The licenses, southwest of Cyprus, extend over 2572 sq km and 2958 sq km…

Noble preps Aphrodite drilling

May 27, 2013

Noble Energy is to start drilling on Aphrodite 2 offshore Cyprus in the next two weeks, according to partners on the project.  Delek Group, whose subsidiaries Delek Drilling and Avner are partners on Aphrodite in Block 12, said the work…

Noble confirms Karish find

May 22, 2013

Noble Energy confirmed that it has made a natural gas discovery at the Karish prospect off Israel. The Karish discovery well, located in the Alon C license 20 miles northeast of Tamar field, encountered 184ft of net natural gas pay in high-quality lower Miocene sands…

Iversen to be Songa CEO

May 13, 2013

Songa Offshore has appointed Bjørnar Iversen as its new CEO just months after he joined the company as president of Songa Rig AS. Iversen will take up the new role, based in Cyprus, replacing interim CEO Jens Wilhelmsen, effective as of June 1…

Cyprus entry

Mar 27, 2013

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…

Mediterranean activity rebounds after unsettled 2012

Mar 27, 2013

Oilfield activity in the Mediterranean region was disrupted by extreme political events last year across northern Africa. The ‘Arab Spring’ revolutions in Egypt, Libya, and Tunisia, as well as the continuing conflict in Syria shut down most non-essential activity…

Tamar jacket delivery

Mar 27, 2013

Rotterdam-based transporter Fairmount Marine delivered Noble’s Tamar jacket to the eastern Mediterranean last month. The 18,500ton jacket was built in Corpus Christi, Texas, and traveled 9000 miles from the US on Heerema Marine Contractor’s H851 barge towed by Fairmount Marine’s tugs…

Total acquires acreage off Cyprus

Feb 07, 2013

Total to begin seismic acquisition off CyprusCyprus map (Image: Total)Total entered two production sharing contracts with the Republic of Cyprus for Blocks 10 and 11, the company announced on 6 February 2013. The awards are a part of the country's second offshore exploration licensing round…

Aker Solutions buys MPO

Feb 27, 2013

Norway-based oilfield services firm Aker Solutions has bought Managed Pressure Operations International (MPO).MPO, registered in Cyprus with operations in Singapore, Dubai, Jakarta and Houston, has developed a next generation of continuous circulation…

Eni, Kogas win Cyprus acreage

Jan 24, 2013

Licensing round awards three deepwater blocksClick to view larger mapA consortium made up of Eni and Kogas has won three deepwater blocks during the Republic of Cyprus' second offshore licensing round, Eni announced on 24 January 2013.The consortium walked away with Blocks 2…

Prosafe wins Cantarell extension

Feb 13, 2013

Cotemar Group extends contracts for Prosafe semisubs at Cantarell fieldProsafe's Jasminia accomodation semisub accommodates 535 personnel (Image: Prosafe SE)Mexico’s Cotemar Group, a private company headquartered in San Pedro Garza García…

Cypriot love potion for the eastern Med

Nov 27, 2012

Like a Christmas present, what was widely rumored and anticipated following recent Israeli hydrocarbon discoveries, Houston’s Noble Energy announced in late December 2011 the results of its recent well in the Cypriot Economic Zone. It contains up to 9tcf of natural gas…

ThoughtStream: Sale of the century

Jan 01, 2013

Last month, Noble Energy, the Houston company that has played a vital role in drilling and confirming massive deepwater natural gas deposits (some of the largest in recent memory) in Israeli and Cypriot waters, announced a 30% sale of the Leviathan field to Australia's Woodside for about $2…

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