Cyprus accuses Turkey of illegal drilling operations
The government of Cyprus has called Turkey a “pirate state” after Ankara announced on Friday...
EU condemns Turkey’s drilling efforts offshore Cyprus
The European Union (EU) has condemned efforts by Turkey to drill for natural gas off...
ExxonMobil discovers natural gas offshore Cyprus at Glaucus-1 well
ExxonMobil has made a natural gas discovery offshore Cyprus in the Eastern Mediterranean at the...
Deals and M&As this week: McDermott, CNPC, Eni
McDermott International has been awarded a supply and installation contract by Shell for its Great...
Eni and Total to expand search for oil and gas offshore Cyprus
Oil and gas giants Total and Eni have announced a joint bid to explore offshore...
M&As this week: Talos Energy, Viking, Unique Group
Talos Energy has entered an agreement to acquire Whistler Energy II for $52m.
Transocean signs agreement to purchase Ocean Rig for $2.7bn
Transocean has signed an agreement to acquire offshore-drilling contractor Ocean Rig in a combined cash-and-stock...
Cyprus vows to safeguard ExxonMobil offshore oil and gas search
Cypriot Energy Minister George Lakkotrypis has announced that the government will do everything necessary to...
Deals this week: Total, Ocean Infinity, Kawasaki Heavy Industries
France-based Total plans to sell $1.5bn-worth of assets in the North Sea, UK.
Aphrodite Gas Field
Aphrodite gas field lies approximately 160km south of Limassol off the shore of the Republic...