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

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Offshore Engineer·Jul 31·1 min read

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 in the ownership structure of Cyprus' in

Shell plcAphrodite

MOL Group buys Shell’s subsidiary in Cyprus for $720 million

Hungarian energy group MOL has executed a major upstream acquisition, agreeing to purchase a Cyprus-registered subsidiary from supermajor Shell in a deal valued

Offshore Energy·Jul 31·Shell plc

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

Cyprus Business Now: wages, natural gas, easyJet, shipping, AI, economic outlook

The approaching Final Investment Decision (FID) for the Kronos natural gas discovery in offshore Block 6 presents a strategic opening for Cyprus to integrate do

Cyprus Mail·Jul 30·Block 6

Cyprus revenues from Kronos gas project expected to stay modest

The approaching Final Investment Decision (FID) for the Kronos natural gas discovery in offshore Block 6 marks a pivotal shift toward monetization of Cyprus's d

Cyprus Mail·Jul 29·Block 6
Jul 29

Cyprus: TotalEnergies Approves the Development of the Cronos Gas Field to Supply Europe with LNG

Jul 28

Eni, TotalEnergies take final investment decision to link Cyprus’ Cronos gas field to Egypt

Jul 28

Eni, TotalEnergies reach FID on Cyprus’ Cronos gas development

Jul 28

TotalEnergies, Eni reach agreement to develop Cyprus’ Cronos gas field

Jul 28

Eni, TotalEnergies to partner in developing Cyprus gas field in boost for Europe

Jul 28

Eni fast-tracks Cypriot gas project for 2028 first gas

Jul 28

Cyprus Launches First Gas Project with Eni and TotalEnergies Backing

Jul 28

Cyprus hails ‘historic milestone’ as Kronos gas field moves to development

Jul 28

Eni Greenlights Cyprus' First Hydrocarbon Project

Jul 28

Eni, TotalEnergies Greenlight Cronos Gas Development off Cyprus