1032 results
A list of search results
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Business & Finance, Environment, Transition, Vessels
The Cyprus Shipping Deputy Ministry (SDM) is launching a range of green incentives to reward vessels that demonstrate effective emission reductions. From the fiscal year 2021, annual tonnage tax will be reduced by up to 30% for each vessel that demonstrates proactive measures to reduce its environmental impact. In this way, the ministry wants to […]
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Business developments & projects, Collaboration
Hamburg-based Subsea Europe Services and Cyprus Subsea Consulting and Services based in Nicosia have entered a new strategic cooperation. The partnership will see the two companies share knowledge and services that will simplify the acquisition of high-quality marine data for clients across Europe. The agreement is the foundation for matching the extensive autonomous and long-term […]
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Business developments & projects, Project & Tenders
Hill International has been selected as the owner’s engineer for the Cyprus LNG import terminal project.
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Authorities & Government, Business developments & projects, Infrastructure, Technology
The Republic of Cyprus has recently issued the final building permit for EuroAsia Interconnector between Israel, Cyprus and Greece (Crete). Specifically, the relevant permit provides the green light for the construction of the HVDC converter station in Cyprus. In March this year, EuroAsia Interconnector Limited picked Siemens as the main candidate for the job. Cyprus […]
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Business developments & projects, Project & Tenders
Cyprus has started building its first LNG import facility at Vassilikos, the nation’s largest and most expensive energy project. The project includes an FSRU connected to a jetty, mooring facilities, a pipeline, and other onshore and offshore related infrastructure. It has a price tag of 289 million euros ($327 million). The facility, wholly-owned by the […]
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Authorities & Government, Business developments & projects, Infrastructure, Operations & Maintenance, Vessels
Cyprus is no longer part of the targeted flag list of the USCG in relation to the safety performance of flag administrations.
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Business developments & projects, Project & Tenders
Norway’s Hoegh LNG said Wednesday that its unit has applied for a liquefied natural gas infrastructure ownership, operations and development license in Cyprus. Cyprus is pushing forward to diversify its energy mix to reach new emission targets for the country’s power production. The country plans to replace the consumption of refined oil products with cleaner […]
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Norway’s Hoegh LNG said Wednesday that its unit has applied for a liquefied natural gas infrastructure ownership, operations and development license in Cyprus. Cyprus is pushing forward to diversify its energy mix to reach new emission targets for the country’s power production. The country plans to replace the consumption of refined oil products with cleaner […]
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The Natural Gas Infrastructure Company of Cyprus (ETYFA) is moving forward with the implementation of the country’s LNG terminal at Vassiliko Port.
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A multinational consortium led by the state-owned China Petroleum Pipeline Engineering, a unit of CNPC, has been awarded a contract for the construction of an LNG terminal at Vassiliko Port in Cyprus.
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Infrastructure, Project & Tenders
Energean has submitted to the authorities of the Republic of Cyprus applications to import and supply natural gas to Cyprus, starting in 2021.
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Energean Oil & Gas, the oil and gas producer focused on the Mediterranean, said that its unit Energean International has submitted to the authorities of Cyprus, applications to import and supply natural gas to Cyprus commencing 2021.
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First gas is expected to start flowing in 2025.
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The new pricing policy is to come into force in early October, as Cyprus looks to attract more ship registrations.
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Ports & Logistics, Project & Tenders
A multinational consortium has been selected as the preferred bidder for the construction of an LNG terminal at Vassiliko Port in Cyprus.
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The LNG terminal at Vassiliko Port in Cyprus is scheduled for completion in 2021.
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The deal includes the extension of the scope of the RS authorisation by the Cyprus MA effective from August 1.
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Lithuanian LNG terminal operator Klaipedos Nafta has submitted a tender bid for the design, construction, and operation of the Cyprus LNG import terminal.
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After deploying two drillships and a seismic vessel in Cyprus-claimed waters, Turkey is now sending the fourth vessel.
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The Natural Gas Public Company of Cyprus (DEFA) has received proposals for the construction of an LNG import terminal in Vasilikos Bay, near Limassol.
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The EU will stop high-level dialogues with Turkey and will reduce pre-accession assistance to Turkey for 2020.
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The European Union is reportedly preparing to hit Turkey with sanctions over the country’s drilling operations in the contested waters offshore Cyprus.
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Turkey’s second drillship has in the past few days entered the contested waters offshore Cyprus and is, according to reports, preparing to start drilling. The government of Cyprus has condemned the move, accusing Turkey of violating Cyprus’ sovereign rights.
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European Commission Vice-President for Energy Union Maroš Šefčovič has this week expressed support for Cyprus in light of Turkey’s “illegal drilling activities,” in the Mediterranean Sea.
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Cyprus could finally award the contract for the construction of the FSRU infrastructure as it plans to close its several times extended tender in July.
