Three commercial agreements have been signed for the exploitation of the Cronos natural gas field, which is located in Block 6 of Cyprus’ Exclusive Economic Zone, the Energy Ministry has announced.
Egypt and Cyprus have signed a set of landmark agreements to transport natural gas from Cyprus’s Cronos field to Egypt, integrating it into the country’s extensive gas infrastructure network.
The deal define the operational and commercial frameworks for the transport, supply, processing, and liquefaction of natural gas for export, as well as the use of Egypt’s gas infrastructure
Deals were signed on Monday for the commercial development of the Kronos gas reservoir located within offshore Block 6 of Cyprus’ Exclusive Economic Zone.
With the aim of strengthening energy security through strategic collaboration, Egypt and Cyprus have inked multiple commercial agreements for a natural gas project, which will forge an energy bond between the two countries, enabling Cypriot gas to reach Egypt’s infrastructure.
Egypt and Cyprus have signed a series of agreements to transfer natural gas from Cyprus’ Cronos offshore field to Egypt, marking a significant step toward linking Cypriot gas resources to Egypt’s infrastructure and boosting energy cooperation in the Eastern Mediterranean.
The Pegasus and Glaucus NaturalGas fields, in block_10, could hold 8–9 trillion cubic feet of gas. Yesterday in NewYork, H.E. President Nikos Christodoulides was briefed
A historic day for the regional energy sector!
NewMed Energy, alongside our partners in the Leviathan Project, Chevron and Ratio Energies, is proud to announce the largest export agreement in Israel’s history
Since 2010, efforts to exploit hydrocarbons in Greece have encountered obstacles. Public debate on the issue of energy has remained limited, with the media failing to distinguish between scientists focusing on documented safety and environmental concerns and those reacting from an ideological standpoint.
A geopolitical and energy story unfolds in the Southeastern Mediterranean. Natural gas recoverable reserves in the Southeatern Mediterranean currently range between 3,500 and 4,500 Bcm.
A new EastMed development unlocked, as Shell and KUFPEC invest in Mina West gas development in Egyptian Mediterranean Sea Shell announced a final investment decision
Egypt and Cyprus Advance Strategic Energy Cooperation: Ministers Discuss Cronos and Aphrodite Gas Projects.
Israel’s Leviathan natural gas field has signed the largest export agreement in the country’s history, worth up to $35 billion to supply gas to Egypt,
Exxon wrapped up its three-well East Med drilling campaign this week with the ‘significant’ Pegasus discovery offshore Cyprus. Nicosia and Exxon remain cautious about the discovery, but MEES understands reserves could be as high as 5tcf
Karim Badawi, the Minister of Petroleum and Mineral Resources, met with George Papanastasiou, Cypriot Minister of Energy, Commerce, and Industry, in Nicosia. Senior representatives from Eni and TotalEnergies also attended the meeting. The discussion focused on the progress of Cyprus’s Cronos natural gas field, which is scheduled to be linked to Egypt’s energy infrastructure by 2027.
During today’s videoconference between the President of the Republic of Cyprus, Mr Nikos Christodoulides, and the Vice President of ExxonMobil, Mr John Ardill, in the
We’re pleased to share that, following instructions from Israel’s Ministry of Energy, we have begun the safe restart of production from the Energean Power FPSO
Cyprus exploration update! ExxonMobil, alongside partner QatarEnergy, is reported to have discovered gas with its Pegasus-1 well in Block 10, offshore Cyprus, according to media
Eng. Karim Badawi, Minister of Petroleum and Mineral Resources and Mr. George Papanastasiou, Cypriot Minister of Energy, discuss about pipeline route. To continue reading the
French-based engineering company Technip Energies has been awarded a contract to perform project management consultancy (PMC) services at the liquefied natural gas (LNG) import terminal
Vital energy infrastructures, such the Great Sea Interconnector (GSI) between Israel, Greece and Cyprus, must be protected and the European states need to cooperate in
Cyprus’ environment department has rejected plans for a 33-turbine wind farm near two protected Natura 2000 zones, citing irreversible damage to wildlife habitats and increased
Greece’s independent transmission system operator Admie on Sunday denied that it has plans to build an electricity interconnector to the country’s Dodecanese islands rather than
Much of Chevron’s East Mediterranean attentions focus on Egypt and Israel, but development activities have also commenced offshore Cyprus this quarter CEO Mike Wirth revealed
Exxon kicked off its current three-well East Med campaign with a discovery offshore Egypt at the North Marakia block, located in the country’s underexplored West
Fresh from the disappointment of sub-commercial gas volumes at the highly anticipated Elektra wildcat on Cyprus Block 5 , US major ExxonMobil is readying to
The European Union is “strongly displeased” with Turkish government warnings that it would obstruct the laying of an electricity cable linking the power grids of
Pipeline from the East Mediterranean gas reserves to Greece mainland via Cyprus and Crete [currently known as “EastMed Pipeline”], with metering and regulating station at
According to the Israeli Ministry of Energy and Mining, Israel’s natural gas exports to Egypt and Jordan increased by 13.4% in 2024, reaching 13.11 bcm (compared
Israel’s natural gas exports to Egypt and Jordan surged by about 13.4% in 2024, despite the country’s war with Palestinian militant group Hamas in Gaza,
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