US EditionExxonMobil and partner Qatar Energy find new natural gas deposit off Cyprus
- ExxonMobil and Qatar Energy International have made a second natural gas discovery south of Cyprus, according to the Cypriot government.
- The discovery strengthens the region's potential as an energy exporter and could help Europe reduce dependence on Russian hydrocarbons.
- Cypriot government spokesman Konstantinos Letymbiotis reported that ExxonMobil's vice president informed President Nikos Christodoulides about the find during a teleconference.
- Cyprus’ Energy Minister George Panastasiou mentioned potential partnerships among ExxonMobil, Eni, and Total to develop nearby gas deposits.
12 Articles
12 Articles
Cyprus confirms new gas discovery by ExxonMobil
NICOSIA, July 7 (Xinhua) -- The government of Cyprus on Monday confirmed a new natural gas discovery by ExxonMobil within its exclusive economic zone, describing the find as another step forward in the country's energy development strategy. Read full story
Associated Press News
ExxonMobil and partner Qatar Energy find new natural gas deposit off Cyprus
Cyprus says a consortium made up of ExxonMobil and partner Qatar Energy International have made a second natural gas discovery beneath the seabed south of the east Mediterranean island nation where it’s licensed to explore for hydrocarbons.
Cyprus Confirms 350-Meter Gas Column in ExxonMobil’s Pegasus-1 Well
The government of Cyprus has confirmed a new natural gas discovery in the Pegasus-1 well located in Block 10, operated by ExxonMobil and its partner QatarEnergy. The well intersected approximately 350 meters of gas-bearing reservoir at a depth of 1.9 kilometers, according to government spokesperson Konstantinos Letymbiotis. Drilling was carried out by the Stena Forth drillship and concluded in late June. While ExxonMobil has not issued a public …
ExxonMobil-led consortium discovers gas reservoir off Cyprus coast – Oil & Gas 360
(Investing) – A consortium led by ExxonMobil (NYSE:XOM) has discovered a natural gas reservoir off the coast of Cyprus, according to a government announcement on Monday. The drilling operation found preliminary indications of a 350-meter gas-bearing reservoir at a depth of 1.9 kilometers in the Pegasus-1 well, Cypriot government spokesperson Konstantinos Letymbiotis said. “Further assessment will be required in the coming months to evaluate the
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