The Commerciality Declaration for Cyprus’ Glaucus and Pegasus gas discoveries made this week marks an important milestone – not only for the island, but also for ExxonMobil’s wider Eastern Mediterranean strategy. After almost eight years of exploration, the company has formally moved from proving...

Cyprus Mail • Jul 5

Our View: Time for government to put politics aside and ensure energy supply

Top executives of ExxonMobil and QatarEnergy were at the presidential palace on Tuesday for the signing of a joint declaration with the government that gave the status of ‘marketable’ to two gas fields in Cyprus’ EEZ. Although this does not mean the gas fields would ever be developed, President N...

In-Cyprus • Jul 3

The landscape is changing in Cyprus’ exclusive economic zone

The Republic of Cyprus, ExxonMobil and QatarEnergy recently signed a tradability statement for the Glaucus and Pegasus gas fields. This marks a significant step forward in Cyprus’ energy programme. It is clear evidence — a vote of confidence — in the prospects of Cyprus’ exclusive economic zone, ...

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Key Events

Jan 24, 2013

Second Licensing Round Awards

Cyprus awards exploration licenses for Blocks 2, 3, and 9 to ENI/KOGAS consortium, expanding international interest in t...

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