Aphrodite is a conventional gas development located in ultra-deepwater in Cyprus and is operated by Chevron Cyprus. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, Aphrodite was discovered in 2011, lies in block Block 12, with water depth of around 5,575 feet. Buy the profile here.

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The project is currently in approval stage and is expected to start commercial production in 2029. Final investment decision (FID) of the project will be approved in 2025. The development cost is expected to be $4,000 m. The Aphrodite conventional gas development will involve the drilling of approximately four wells and includes FPSO.

Field participation details

The field is owned by Chevron, Delek Group and Shell.

Production from Aphrodite

Production from the Aphrodite conventional gas development project is expected to begin in 2029 and is forecast to peak in 2033, Based on economic assumptions, the production will continue until the field reaches its economic limit in 2047.

About Chevron Cyprus

Chevron Cyprus Ltd (Chevron) is a supplier of gasoline and petroleum products. Chevron is headquartered in Nicosia, Cyprus.

For more details on the Aphrodite Conventional Gas Field, buy the profile here.

This content was updated on 6 November 2024

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This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.