1968 results found for 'cygnus'

1968 results found for 'cygnus'
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  • Noble Thinking of Pipeline Offshore Cyprus. Turkey to Start Drilling

    13 March 2012
    Business & Finance

    Cyprus’ newspaper Politis reports that the U.S.-based oil and gas exploration and production company, Noble Energy, is contemplating building a natural gas pipeline to connect a natural gas field offshore Cyprus to the mainland. The Politis says that Noble, the operator of the Cyprus’ Block 12, if the plans become a reality, will spend approximately […]

  • Eni and Vår Energi paying $4.9 billion for Neptune’s entire oil & gas portfolio, bar German business

    23 June 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Eni and Vår Energi will acquire Neptune’s entire portfolio, aside from its business in Germany, for an aggregate enterprise value of $4.9 billion.

  • New development plan for reservoir off Cyprus includes ‘change to fundamental project concept’

    1 June 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Infrastructure, Outlook & Strategy, Project & Tenders, Regulation & Policy

    The partners behind the Aphrodite Reservoir in Cyprus have submitted an updated plan for the development of the project to the country’s government, said to include a change to the fundamental project concept of the approved development and production plan. Chevron Cyprus, BG Cyprus, part of Shell, and NewMed Energy decided to submit the new […]

  • Lloyd’s Register to advise Cyprus on oil and gas sales, development

    7 September 2016
    Business & Finance

    Cyprus Hydrocarbons Company (CHC), the National Oil and Gas Company of Cyprus, has named Lloyd’s Register (LR) as an independent commercial advisor for its commercial exploitation of hydrocarbons in the Exclusive Economic Zone (EEZ) of the Republic of Cyprus. In its new advisor role, Lloyd’s Register will advise CHC on oil and gas sales through […]

  • Cyprus cuts ship detentions rates by more than half

    9 April 2020
    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.

  • EuroAsia InterConnector Moves Step Closer

    22 December 2015
    Operations & Maintenance

    The EuroAsia InterConnector project has moved a step closer with new studies awarded to Italian CESI S.p.A. and GAS S.r.l, during a ceremony held at the European Parliament Office in Cyprus. As Cyprus Mail reports, the studies are for the technical design, the reconnaissance study for the optimum route, and an environmental impact study. The studies for […]

  • Report: Eni moving drillship to Morocco after Turkish navy ‘threatens force’ in Cyprus

    23 February 2018
    Exploration & Production

    Turkish navy on Friday reportedly threatened to use force against Eni-operated Saipem 12000 drillship, after the rig’s captain tried to move the drillship to the Block 3 offshore Cyprus.

  • Great Sea Interconnector running out of time: Two EU countries taking another crack at negotiations

    19 September 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Regulation & Policy, Rules & Regulation, Transition

    Greece and Cyprus are getting ready to hold talks, which are seen as a last shot to sort out the issues surrounding an interconnection project that will link the Cypriot-Greek electricity grids.

  • ExxonMobil, QatarEnergy get drilling ops with Valaris rig underway as Cyprus and Egypt sow the seeds of energy bonds

    24 January 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    ExxonMobil and QatarEnergy have fired the starting gun on drilling activities off the coast of Cyprus, using one of the drillships owned by Valaris.

  • Weatherford Bags $220M ADNOC Contract

    25 September 2019
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    Weatherford has signed a $220 million, three-year contract with ADNOC to provide directional drilling services in the UAE. The agreement entails using the Weatherford Magnus rotary steerable system in both re-entry wells and new wells. “Magnus is demonstrating consistent reliability, a critical element of this contract award,” said Tony Azizi, vice president of the Arabian […]

  • Cyrus, Harris Pye to Cooperate on Engineering Projects

    15 February 2013
    Business & Finance, Project & Tenders

    Top Welsh 100 companies Harris Pye Group and Cyrus-RW Group announced this week that they have formed an alliance to co-operate on engineering projects throughout the world. Cyrus and Harris Pye will work together to secure and fulfil marine, offshore and power contracts, from large steel installations for marine vessels and oil rigs to power […]

  • EuroAsia Interconnector secures €100 million EU grant

    2 August 2021
    Authorities & Government, Business & Finance, Business Developments & Projects, Project & Tenders

    The Council of the European Union has approved the allocation of a €100 million grant for the EuroAsia Interconnector electricity interconnector.  The announcement comes as part of the Recovery and Resilience Plan for Cyprus to end the energy isolation as it is the last non-interconnected EU member state. On 17 May, Cyprus submitted its national […]

  • EU’s Šefčovič blasts Turkey’s ‘illegal drilling activities’ off Cyprus

    5 July 2019
    Exploration & Production

    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.

  • Cyprus, Egypt sign deal to transport gas via subsea pipeline

    31 August 2016

    Cyprus has signed an agreement with Egypt over the transport of natural gas between the two countries through a subsea pipeline. The agreement was signed on Wednesday in Nicosia between the Minister of Energy, Commerce, Industry and Tourism of the Republic of Cyprus, Georgios Lakkotrypis, and the Minister of Petroleum and Mineral Resources of the […]

  • Cyprus Signs Deal to Develop Offshore Gas Reserves via LNG Plant

    26 June 2013

    The Republic of Cyprus , today signed a Memorandum of Understanding (“MOU”) in respect of the Cyprus Liquefied Natural Gas (“LNG”) Project with Noble Energy International Ltd  , Delek Drilling Limited Partnership and Avner Oil Exploration Limited Partnership , that were granted in 2008 a Production Sharing Contract for Block 12. The MOU provides for […]

  • EuroAfrica Interconnector Seeks Cabling Contractor

    6 April 2020
    Project & Tenders

    EuroAfrica Interconnector project has launched a tender call for the engineering, procurement, construction and installation of the HVDC cable system between Egypt and Cyprus. EuroAfrica Interconnector, as the official project promoter and developer, will finance the construction of the electricity interconnection between Egypt, Cyprus, Crete and Attica with the financial cost of stage 1 estimated […]

  • Cyprus halts peace talks as Ankara plans to deploy seismic vessel

    8 October 2014

    The ongoing ethnic conflict between Greek and Turkish Cypriots has deepened as the peace talks have stumbled over the Turkish side’s plans to deploy a seismic vessel into Cypriot waters. Greek Cypriots are accusing Turkey of trying to undermine the ethnically divided island’s sovereign offshore gas exploration plans. In a statement issued last night, Cyprus’ […]

  • TotalEnergies and Eni sign on dotted line for Cyprus gas exports through Egypt

    18 February 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Outlook & Strategy, Regulation & Policy

    TotalEnergies and Eni have struck a deal with Cyprus and Egypt to develop a gas discovery named after the god of time in ancient Greek mythology by exporting the natural gas from the field off the coast of Cyprus through Egypt.

  • Cyprus Could Open Up More Offshore Drilling Projects

    23 September 2011

    Cypriot President Demetris Christofias said on Thursday the east Mediterranean island nation could open up more gas exploration drilling…. By Daniel Bases (Reuters) [mappress] Source:Reuters ,September 23, 2011;

  • Turkey: Erdogan Describes Israel-Cyprus Offshore Drilling as Madness

    21 September 2011

    Turkish Prime Minister Tayyip Erdogan described offshore gas drilling by estranged ally Israel and Cyprus as “madness” on Wednesday, raising… By Jonathon Burch (Reuters) [mappress] Source:Reuters ,September 21, 2011;

  • Cyprus: Ocean Rig Takes Delivery of its 4th Drillship

    4 October 2011
    Business & Finance

    On September 29th Ocean Rig took delivery of its fourth drill ship, Ocean Rig Mykonos. The drill ship is currently mobilizing for operations in Brazil for Petrobras. The naming ceremony of Ocean Rig Mykonos took place at the Samsung Heavy Industries shipyard in Korea on July 8th. Ocean Rig owns and operates Leiv Eiriksson and […]

  • Delek looking to increase stake in Block 12, offshore Cyprus

    1 June 2015

    Israel’s Delek Group has begun preliminary negotiations with Noble Energy International, Ltd. for the acquisition of 19.9% of its share in Block 12, offshore Cyprus. Noble Energy currently owns a 70% share in the Block 12, containing the Aphrodite gas discovery. Delek Group said in a statement that it was looking to buy around 19.9% of the working interest […]

  • Report: Turkish warships stop Eni’s drillship off Cyprus

    12 February 2018
    Exploration & Production

    Turkish warships on Friday reportedly blocked an Eni-operated drillship from moving into an area offshore Cyprus.

  • Cyprus: SeaBird Announces Divestment of Ocean Bottom Node Business

    24 November 2011
    Business & Finance, Operations & Maintenance

    SeaBird Exploration PLC has entered into a share and purchase agreement (“SPA”) with Fugro Norway AS on 18 November 2011. Under the SPA, Fugro will acquire SeaBird Technologies AS and Seabed Navigation Company Limited which collectively hold all of the Company’s rights and assets related to the ocean bottom node (“OBN”) business for the agreed […]

  • Damen Stan Pontoon 9127 Arrives at EDT Base, Cyprus

    25 February 2013

    On Friday the brand new Damen Stan Pontoon 9127 (SPo 9127) arrived at the EDT base in Limassol, Cyprus. The ‘EDT REGAS’ was delivered from stock with a delivery time of 2 weeks after the contract. The SPo 9127 has a length of 91,5, a beam of 27,4 and a height of 6,1 metres. It […]