Cyprus: Sustainability key pillar of long-term
Cyprus Shipping Deputy Ministry (SDM) has launched SEA Change 2030, a long-term strategic vision for shipping focused on sustainability. Direct naar inhoud Advertisement Offshore-Energy offshoreWIND DredgingToday NavalToday The Pioneers of Offshore Engineering GustoMSC, part of NOV''s Marine and Construction business, is
Exxon''s Cyprus discovery ''huge'' but with rocky
While at first, this is good news for the company and Cyprus, analysts worry the find might fuel the Cyprus dispute with the Turkish side, and say it might be years before the find is put to production. Cyprus Flag / Image source: Pixabay. As reported last week, Exxon said it had made the discovery at the Glaucus-1 well in Block 10 offshore Cyprus.
Cyprus launches its third offshore licensing round
The Cypriot Government announced on Thursday the beginning of the third round of licensing for offshore exploration Blocks 6, 8 and 10 in the Exclusive Economic Zone of the Republic of Cyprus. According to the Ministry of Energy, applications may be submitted within 120 days of the date of publication of the notice in the []
ExxonMobil spuds Delphyne-1 well, offshore Cyprus
The U.S. oil major ExxonMobil has started drilling an exploration well offshore Cyprus. This was confirmed on Friday by the country''s Ministry of Energy. The ministry said Exxon had started drilling the drilling of "Delphyne-1" well in Block 10, within the Exclusive Economic Zone of the Republic of Cyprus. Exxon is the operator of the Block 10, []
China-Led Consortium Chosen to Build LNG Terminal in Cyprus
The consortium, comprising Wilhelmsen Ship Management Limited, Aktor S.A., Metron S.A. and Hudong-Zhonghua Shipbuilding, is to build the LNG import terminal that includes a floating storage regasification unit (FSRU), a jetty for the mooring of the FSRU, jetty borne and onshore pipelines as well as additional facilities.
ExxonMobil and QatarEnergy expand footprint in Cyprus
Source: Cyprus'' Ministry of Energy, Commerce, and Industry. Under the terms of the EPSC, QatarEnergy will hold a 40 per cent working interest in Block 5 while ExxonMobil will be the operator and will hold a 60 per cent working interest. Natasa Pilides, Cyprus Minister of Energy, Commerce, and Industry, signed the EPSC with ExxonMobil and
New gas discovery for TotalEnergies and Eni off Cyprus
France''s TotalEnergies and Italian Eni, two oil and gas majors, have made a new gas discovery at the Zeus-1 well in Block 6 located offshore Cyprus. Credits to Greg Williams The Zeus-1 well encountered 105 meters of net gas pay in carbonate reservoirs, which, as the partners said, re-enforces the promising outlook for the area and its
Cyprus: Poseidon subsea cable system goes live
Radius Oceanic Communications, Inc., and Cyta have announced testing and commissioning are complete on the Poseidon submarine cable system, a fiber optic network built to serve the oil and gas and scientific markets in the Eastern Mediterranean. Radius and its regional telecom partner, Cyta have also completed work to establish dual landing facilities in
US state fund looking to invest in Greece-Cyprus
The Great Sea Interconnector is a 2,000 MW multi-terminal electricity interconnection that will be 890 kilometers long and up to 3,000 meters deep. It is expected to end the energy isolation of Cyprus, ensure security of supply for Israel, Cyprus and Greece, and establish a reliable green interconnection for Europe.
ETYFA seeking Owner''s Engineer for Cyprus LNG terminal
Offshore-Energy offshoreWIND DredgingToday NavalToday The Natural Gas Infrastructure Company of Cyprus (ETYFA) is moving forward with the implementation of the country''s LNG terminal at Vassiliko Port. ($571.7 million), the consortium has been tasked with the procurement of floating storage and regasification unit
ExxonMobil, Qatar Petroleum ink contract for block off Cyprus
State-owned oil company Qatar Petroleum and oil major ExxonMobil signed an exploration and production sharing contract with the Government of Cyprus for offshore Block 10. As part of the country''s third licensing round, ExxonMobil in partnership with Qatar Petroleum in December was awarded the exploration Block 10. What followed was a negotiation period with
Cyprus OKs Aphrodite development plan. Grants exploitation license
Aphrodite is a gas discovery made by Noble energy offshore Cyprus in 2011. The field, located approximately 170 kilometers south of Limassol, was declared commercial in 2015. Delek on Thursday said the government had given the partners the exploitation license, and approved the development and production plan for the Aphrodite field.
Cyprus, Egypt ink deal for subsea gas pipeline
Transport & Storage; Technology & Innovation; Hydrogen Valleys, Hubs & Corridors; Funding & Regulation intergovernmental agreement with Egypt for the construction of a subsea natural gas pipeline which will carry gas from Cyprus'' Aphrodite offshore field to Egypt and then to the EU. Aphrodite is a gas discovery made by Noble energy
Exxon makes gas discovery at Glaucus-1 well, offshore Cyprus
Worth noting, the Glaucus-1 is a third noteworthy offshore gas discovery for Cyprus. U.S. energy company Noble Energy was the first to find gas offshore Cyprus at the Aphrodite well in 2011 and is currently working with the Government of Cyprus to finalize a field development plan for the discovery. According to Noble, Aphrodite development has
China-led consortium scores Cyprus LNG terminal job
Offshore-Energy offshoreWIND DredgingToday NavalToday has been awarded a contract for the construction of an LNG terminal at Vassiliko Port in Cyprus. Illustration purposes only (Image courtesy of Wilhelmsen ($571.7 million), the consortium has been tasked with the procurement of floating storage and regasification unit
SWEL starts open sea trials offshore Cyprus
Sea Wave Energy Limited (SWEL), an R&D company based in Cyprus and UK, has deployed its wave energy device for another round of trials offshore Cyprus. Wave Line Magnet under tests in Larnaca Bay (Courtesy of SWEL) Wave Line Magnet under tests in Larnaca Bay (Courtesy of SWEL)
China-led consortium set to build LNG terminal in Cyprus
The LNG import terminal will include a floating storage regasification unit (FSRU), a jetty for the mooring of the FSRU, jetty borne, and onshore pipelines as well as additional facilities. The FSRU will have 125,000 cubic meters storage capacity at least while the entire facility will be capable of unloading LNG from LNG carriers ranging in
Eni makes ''significant gas discovery'' off Cyprus
The well was drilled in Block 6, 160 km off Cyprus coastline, in 2,287 metres of water depth. As reported by Offshore Energy, the well was spud in May, using Vantage Drilling''s Tungsten Explorer drillship. The Block is operated by Eni Cyprus holding 50 per cent interest with TotalEnergies as a partner.
Fossil Energy
Offshore Energy - Fossil Energy: Home of Energy Transition! Connecting the energy, maritime & offshore world for sustainable solutions! Direct naar inhoud Advertisement Transport & Storage; Technology & Innovation; Hydrogen Valleys, Hubs & Corridors; Funding & Regulation;
Cyprus to ink FSRU deal in October
Offshore-Energy offshoreWIND DredgingToday 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. told Platts that a contract for the installation of floating storage and regasification unit as well as the accompanying
New gas discovery for TotalEnergies and Eni off
France''s TotalEnergies and Italian Eni, two oil and gas majors, have made a new gas discovery at the Zeus-1 well in Block 6 located offshore Cyprus. Credits to Greg Williams The Zeus-1 well encountered 105 meters of
Eco Wave Power looks at Cyprus
Israeli wave energy developer, Eco Wave Power (EWP), is exploring options to deploy its wave energy technology off Cyprus. EWP informed on social media that the company''s Business Development Director, Eyal Gibstein, met with the Cyprus Minister of Agriculture, Rural Development and Environment, Nicos Kouyialis, to discuss different possibilities of installing
Promoting renewable energy and energy storage in Cyprus
However, projects using these technologies have not yet been implemented in Cyprus. Objective. The conditions for using floating photovoltaic plants, energy storage and renewable offshore energy in Cyprus have improved. Approach. The project examines the feasibility and potential of floating photovoltaic plants in Cyprus.
ExxonMobil kicks off drilling operations offshore Cyprus
Stena Forth is a 6th Generation harsh environment dual-activity dynamically positioned (DP3) drillship, capable of drilling in water depths up to 10,000ft.. Last month, the drillship was awarded more work by ExxonMobil, this time for operations offshore Canada.The operations are due to start in 2H22. To perform this well, the Stena Forth drillship will mobilise
Cyprus: Ocean Rig Secures Loan to Finance Its Newbuildings
Ocean Rig UDW Inc., a global provider of offshore deepwater drilling services has received a $1.35 billion Bank Facility firm commitments from lenders for a $1.35 billion syndicated secured term loan to partially finance the construction costs of the Ocean Rig Mylos, the Ocean Rig Skyros and the Ocean Rig Athena. Ultra-deepwater drillships newbuilding hulls []
Three consortia running for Cyprus LNG terminal construction
Symeon Kassianides, chairman of DEFA, said: "The successful result of the competitive process for the implementation of the infrastructure in order to import natural gas in Cyprus, as well as the great interest shown for this important energy Cyprus project by European and international players of the gas market, is just the first milestone
COSCO hands over first FSRU to Cyprus
As already mentioned, it will serve the Vasilikos Port LNG terminal project, Cyprus'' largest engineering project in recent years and an important part of the country''s national energy strategy. The terminal includes FSRU, a jetty for the mooring of the FSRU, jetty borne and onshore pipelines, as well as additional facilities.
Hill International picked as Cyprus LNG owner''s engineer
The project is aimed at ensuring diversification of energy sources for Cyprus as well as, strengthening the security of supply, reducing the cost of energy, and protecting the environment. The project will include a former LNG carrier with a storage capacity of 136,000 cubic meters that will be converted to a floating storage and regasification
Cyprus issues tender for LNG terminal
Offshore-Energy offshoreWIND DredgingToday NavalToday the Government of Cyprus decided to proceed with the development of a liquefied natural gas terminal in Vasilikos Bay, near Limassol. procurement of a floating storage and regasification unit (FSRU) of at least 125,000 cubic meters storage capacity.
Great Sea Interconnector running out of time: Two EU countries
A few days later, Meridiam, a Paris-headquartered investment management company, also entered into the shareholding structure of the company responsible for implementing the electric interconnection project. Julie D. Fisher, U.S. Ambassador to the Republic of Cyprus, recently discussed the critical nature of the Great Sea Interconnector
TE SubCom Gets Supply Contract for POSEIDON Undersea
TE SubCom, a TE Connectivity Ltd. company and an industry pioneer in undersea communications technology, announced that it has been contracted by Ocean Specialists, Inc. (OSI) as the supplier of the POSEIDON project, a high-capacity undersea cable system that will enable advanced communications for the oil and gas industry in the Eastern
New milestone for Cyprus LNG terminal as FSRU wraps up sea trials
Floating storage and regasification unit (FSRU) Prometheus, built by China Petroleum Pipeline-led consortium for the Cyprus LNG terminal project, has completed modified gas mode sea trials as the terminal launch is anticipated in July 2024. Conversion of the Prometheus from ETYFA''s LNG carrier to an FSRU was completed in China earlier this year.
Potential procurement violations prompt probe into
The project for the LNG terminal at Vassiliko Port in Cyprus project aims to create an entry point for natural gas to Cyprus, providing a connection to the European gas market. Valued at approximately €542 million, it included €101 million from the Connecting Europe Facility (CEF) program as a project of common interest (PCI).
Cyprus Hydrocarbons Company: Plans for offshore
This ambitious goal involves combining conventional and sustainable hydrocarbons, offshore wind and solar projects, electricity interconnectors, CO2 storage applications, and both Green and Blue offshore