Eni, Total join for another gas search license off Cyprus
- Written by E.Tsiliopoulos
Energy companies Total of France and Italy's Eni have teamed up to expand their search for natural gas off southern coast, signing a licensing agreement Wednesday.
Cypriot Energy Minister Georgios Lakkotrypis said the companies will have an equal share in a new block into which a gas deposit that Eni discovered in an adjacent block last year is believed to extend.
Lakkotrypis said Total also gains a 20-40% share in four of Eni's concessions inside Cyprus' exclusive economic zone. Korea's Kogas is also a partner with a 20% share in three of the four concessions.
With Wednesday's signing, Eni and Total now hold exploration licenses for seven of Cyprus' 13 blocks. ExxonMobil and a partnership between Texas-based Noble Energy, Dutch Shell and Israeli Delek hold licenses for one block each.
Related items
-
US Secretary of the Interior: “Greece is an excellent partner of the United States
-
Makis Voridis and family attacked by hooded persons while dining with family
-
Freshwater detected beneath the seafloor of the Corinthian Gulf
-
Greek Language Festival in Manhattan: The Consulate General honored students of the Greek diaspora for their love of the Greek language
-
Columbia U: Greek researcher Eliza Konofagou paves the way for treating Alzheimer's with ultrasound
Latest from E.Tsiliopoulos
- US Secretary of the Interior: “Greece is an excellent partner of the United States
- Makis Voridis and family attacked by hooded persons while dining with family
- Freshwater detected beneath the seafloor of the Corinthian Gulf
- Greek Language Festival in Manhattan: The Consulate General honored students of the Greek diaspora for their love of the Greek language
- Columbia U: Greek researcher Eliza Konofagou paves the way for treating Alzheimer's with ultrasound