French energy giant Total to expand natural gas search in Cyprus’ EEZ

22 May 2018
277 Views

French energy giant TOTAL applied to the Cyprus government to acquire a stake in block license 8 in the island’s Exclusive Economic Zone currently owned by Italy’s ENI.

According to Cyprus News Agency, ENI and TOTAL are partners in blocks 11 and 6. An exploratory well carried out in early 2017 in Kalypso target revealed a “promising discovery” but no data have been disclosed yet concerning the Kalypso`s reservoir size.

Cyprus Energy Minister Yiorgos Lakkotrypis told AP that Total’s move is “very significant”.

Source: greekreporter

You may be interested

“Athens is one of the last cities in Europe that can still be old, weird & chaotic”
GREECE
shares782 views
GREECE
shares782 views

“Athens is one of the last cities in Europe that can still be old, weird & chaotic”

Panos - Jan 17, 2019

At a time when the mainstream narrative is all about how Greece’s ‘best and brightest’ minds have been fleeing the…

Which Greek island was a top trend for Americans in 2018?
GREECE
shares19 views
GREECE
shares19 views

Which Greek island was a top trend for Americans in 2018?

Panos - Jan 17, 2019

The Greek island of Mykonos is among the global destinations that have seen the largest increase in demand for air…

F-22 vs. F-35: Which Stealth Fighter Wins in a Shootout?
DEFENCE
shares24 views
DEFENCE
shares24 views

F-22 vs. F-35: Which Stealth Fighter Wins in a Shootout?

Panos - Jan 17, 2019

The U.S. Air Force’s original plan was for the F-22 to be its high-end air superiority fighter while the F-35…

Leave a Comment

Your email address will not be published.