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

22 May 2018
398 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

The must-visit churches in Athens
GREECE
shares413 views
GREECE
shares413 views

The must-visit churches in Athens

Panos - May 24, 2019

Most people visiting Athens know the city is packed with ancient ruins, archaeological sites, and museums. Turn a corner in…

Mustaches protect men from cancer, study says
GREECE
shares47 views
GREECE
shares47 views

Mustaches protect men from cancer, study says

Panos - May 24, 2019

For all of those men who view a mustache as a largely ornamental addition to their masculine appearance, a new…

Greek-American composer Olivia Hadjiioannou wins top award at Festival in Cannes
ART
shares41 views
ART
shares41 views

Greek-American composer Olivia Hadjiioannou wins top award at Festival in Cannes

Panos - May 24, 2019

Greek multi-instrumentalist and composer Olivia Hadjiioannou won the Best Music Video award for Red Lion in the inaugural French Riviera…

Leave a Comment

Your email address will not be published.