ExxonMobil

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XOM

First drilling in Cyprus's block 10 completed

As expected, ExxonMobil's first exploratory drilling in block 10 has been completed.

According to an official announcement from the Ministry of Energy, exploratory drilling on target Delphyne-1 by ExxonMobil Exploration and Production Cyprus (Offshore) Limited and Qatar Petroleum International Upstream OPC has been completed.

Drillship malfunction delays announcement

A malfunction on board the British flagged Stena Ice Max drillship has reportedly caused a delay of 10 days.

The unspecified problem occurred during Christmas time and had led to a temporary suspension of drilling operations. According to Kathimerini the problem has been rectified and an Energy Ministry announcement is expected next week.

Multi-party military force for energy security

Cyprus, Greece and Israel have decided to set up a multi-party military force to provide security for natural gas infrastructure, Cypriot state television CyBC reported on Friday.

It said that the multi-party force decision was among unreported issues discussed at a summit of the three countries in Israel on Thursday.

US urges calm as Ankara ups ante over Cyprus gas

With Turkey upping the ante with regard to drilling operations by US energy giant ExxonMobil in Block 10 of Cyprus's exclusive economic zone, a US State Department official reiterated on Monday that Washington discourages any act or rhetoric that would raise tensions in the region and that it supports Cyprus's right to develop natural resources in its EEZ.

ExxonMobil begins drilling as US hails 'promise' of East Med

As ExxonMobil and Qatar Petroleum began exploratory drilling in Block 10 of Cyprus's exclusive economic zone (EEZ) on Friday, the US assistant secretary of state responsible for energy expressed Washington's "excitement" over the catalytic role the exploitation of natural energy resources in the Eastern Mediterranean will have in the region's development. 

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