The Cyprus government issued a navigational telex (navtex) notification to seafarers on Saturday ahead of the arrival next week of Stena IceMax, a drilling ship commissioned by Exxon Mobil to explore for hydrocarbons in block 10 of Cyprus’ exclusive economic zone.

Hellenic Hydrocarbon Resources Management (HHRM) will have completed its negotiations with consortia for concessions in the sea areas of Crete and the Ionian islands, the state company’s president and CEO Yannis Bassias said on Tuesday.