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Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.

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Offshore Technology·Aug 3·1 min read

Shell to sell BG Cyprus and Aphrodite gas stake to MOL Group

Shell has entered into a definitive agreement to divest its wholly-owned unit BG Cyprus, which holds its 35% participating interest in Block 12 and the Aphrodite natural gas discovery, to Hungary's MO

Shell plcAphrodite

MOL buys Shell stake in Cyprus gas field for $720m

Hungarian energy group MOL has executed a major upstream expansion by acquiring Shell's 35% non-operated working interest in the Aphrodite gas field offshore Cy

Splash247·Aug 3·Shell plcAphrodite

Shell exits Cyprus Aphrodite gas field in $720m deal

Shell has finalized an agreement to divest its entire 35% non-operated stake in Cyprus's offshore Block 12, host to the Aphrodite gas discovery, to Hungary's MO

Cyprus Mail·Jul 31·Shell plcAphrodite

Shell Agrees $720M Sale of Cyprus Gas Unit to MOL Group

Shell's decision to divest its 35% non-operated working interest in the Aphrodite gas field to Hungary's MOL Group for up to $720 million marks a pivotal shift

Offshore Engineer·Jul 31·Shell plcAphrodite

MOL to acquire Shell’s Aphrodite gas field stake for up to $720m

Hungarian energy group MOL has entered the Eastern Mediterranean upstream sector by agreeing to acquire Shell's 35% non-operated stake in Cyprus's offshore Bloc

In-Cyprus·Jul 31·Shell plcAphrodite
Jul 22

All signatures secured for Aphrodite gas sales MoU with Egypt

Apr 10

Aphrodite Group Initiates Prelim Deals for Sale of Cypriot Gas to Egypt

Apr 10

Egypt Locks In Full Supply From Cyprus’ Aphrodite Gas Field

Apr 9

Egypt to buy all Aphrodite gas output from Cyprus

Mar 31

First natural gas now estimated to hit market in 2029-30

Mar 30

Cyprus and Egypt sign gas framework deal covering Kronos and Aphrodite fields

Mar 30

Christodoulides flies to Cairo to sign gas deal covering Kronos and Aphrodite fields

Mar 13

Worley secures contract from Chevron for Aphrodite gas field FEED