ExxonMobil and QatarEnergy have begun drilling for natural gas in an exploration block offshore Cyprus.
ExxonMobil and its partner offshore Cyprus , QatarEnergy, on Friday started drilling for natural gas in an exploration block in the island nation’s exclusive economic zone, the President of Cyprus , Nikos Christodoulides, said. The U.S. supermajor and Qatar’s state energy giant launched drilling activities in Block 5, Christodoulides wrote on X. “ Cyprus progresses exploration activities, aiming to be an alternative and reliable source of Natural Gas for the EU,” the Cypriot president added.
We've identified several large prospects, and the next stage is to bring in a drilling rig and to test those,” John Ardill, Vice-president for global exploration at ExxonMobil, told Reuters in November. “There is huge potential for gas exploration,” Ardill said, adding that Exxon sees the Electra prospect as “highly promising.” Other international majors have been also exploring for natural gas offshore Cyprus.
Exxonmobil Qatarenergy Natural Gas Exploration Eastern Mediterranean EU Energy Security Eni Totalenergies
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