News

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

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

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

Cyprus ‘will have had a say’ in BG Group sale

Cyprus retains regulatory authority and contractual rights regarding the divestment of BG Cyprus—a former subsidiary of BG Group held by Shell—to Hungarian ener

Cyprus Mail·Jul 31·Shell plc

Shell Sells Cyprus Gas Stake to MOL for $720 Million

Shell has executed a strategic divestment by offloading its 35% non-operated interest in Cyprus's offshore Block 12 to Hungarian energy company MOL Group for $7

OilPrice.com·Jul 31·Shell plc

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
Jul 31

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

Jul 31

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

Jul 31

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

Jul 30

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

Jul 29

Cyprus revenues from Kronos gas project expected to stay modest

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