Hydrographic marine survey company Nicola Offshore and Cyprus Subsea Consulting and Services C.S.C.S. Ltd (C.S.C.S.) have signed a commercial partnership agreement.The goal of the partnership, as shared in a press release on Wednesday, is to…
European Council President Charles Michel called on Turkey to keep working to resolve disputes with Greece and Cyprus over gas rights in the Mediterranean as he visited Ankara on Tuesday to discuss trade and refugees with President Tayyip Erdogan…
Ocean Sun, a Norway-based developer of floating solar technology, has signed an agreement with MP Quantum Group to deploy Ocean Sun's floating solar solution in Greece and Cyprus.Børge Bjørneklett, CEO and founder of Ocean Sun said: “We are…
Israel and Cyprus have reached an understanding over gas reserves straddling their maritime border, the Cypriot energy minister said on Tuesday, in a key step towards resolving a nine-year impasse over offshore spoils.Development of the Aphrodite…
Ministers of Energy of Cyprus, Israel and Greece on Monday signed a memorandum of understanding on Cooperation in relation to the EuroAsia Interconnector Project.The EuroAsia Interconnector is the official EU project developer of the 2,000MW electricity interconnector between Israel…
S.D Standard Drilling Plc, a Cyprus-based, Oslo-listed offshore vessel owner, said Monday it had purchased 500,000 shares, corresponding to 1% ownership, in offshore driller Noble Corp, at USD 18.5 per share.'Noble completed its restructuring- and Chapter 11 process on 5 February 2021…
The European Union has frozen plans to blacklist more senior executives at Turkey’s state-owned Turkish Petroleum Corporation (TPAO), four diplomats said, in the clearest sign that a diplomatic offensive by Ankara this year is bearing fruit…
Germany-based marine data and equipment firm Subsea Europe Services and marine robotics and autonomous systems Cyprus Subsea Consulting and Services, based in Cyprus, have entered strategic cooperation.The cooperation will see the two companies…
The European Union will impose sanctions on more Turkish individuals and companies responsible for drilling in contested waters in the Mediterranean, according to a draft statement prepared for EU leaders to agree at a summit on Thursday.If agreed…
Turkey and Greece will resume long-suspended exploratory talks over territorial claims in the Mediterranean Sea that brought them close to conflict last year, on Jan. 25 in Istanbul, the NATO members said on Monday.Ankara and Athens held 60 rounds of talks from 2002 to 2016…
Norway's oil and gas reserves have made it one of the world's wealthiest countries but its dreams for deep-sea discovery now center on something different.This time, Oslo is looking for a leading role in mining copper, zinc, and other metals…
President Tayyip Erdogan said on Wednesday that Turkey hopes to “turn a new page” in its ties with the United States and European Union, and that Ankara had been subjected to “double standards” by both its NATO ally Washington and the bloc.Earlier this month…
Turkey will not abandon its rights and interests in the eastern Mediterranean because of possible European Union sanctions or criticism, Foreign Minister Mevlut Cavusoglu said on Monday.At a summit on Friday, EU leaders agreed to prepare limited…
Turkish President Tayyip Erdogan accused the European Union on Wednesday of never acting honestly towards his country and said Ankara was not concerned by any economic sanctions the bloc might impose on it.EU foreign ministers said on Monday…
Turkey will not bow to threats in its dispute with Greece and Cyprus over maritime claims in the eastern Mediterranean, President Tayyip Erdogan said on Monday as European Union foreign ministers met in Brussels to discuss the issue.But Erdogan…