Exxon Mobil is preparing to begin drilling on plot 10 of Cyprus EEZ in the near future. The Stena Forth drilling rig that will carry out confirmation drilling in the "Glafkos" field of the plot, in order to determine with more precision the amount of natural gas contained in the field, has been anchored already…
Following the licensing of Block 5 to Exxon Mobil and Qatar Petroleum earlier this week, the United States reiterated its support for Cyprus against Turkey and its gas exploration efforts.According to the State Department, "US policy on the Exclusive Economic Zone of the Republic of Cyprus is long-term and has not changed. "The United…
The Minister of Energy of the Republic of Cyprus, Natasa Pilides, stated in an interview that ExxonMobil's drilling is scheduled for the end of next month to confirm how much natural gas is contained in a large deposit on the southwest coast of Cyprus will map out how the fuel will reach potential markets in…