Cyprus

Developing Path for More Eastern Mediterranean Natural Gas to Reach Europe Could Take Years

Developing Path for More Eastern Mediterranean Natural Gas to Reach Europe Could Take Years

Israel continues to review which transportation route is best to export natural gas to Europe, with a final decision on the path expected sometime next year.  Israeli Prime Minister Benjamin Netanyahu recently met with Greek Prime Minister Kyriakos Mitsotakis and Cyprus’ President Nikos Christodoulides to discuss how to get more natural gas to Europe. Netanyahu…

September 29, 2023

ExxonMobil Builds Eastern Mediterranean Exploration Prospects Offshore Egypt

ExxonMobil Corp. has secured more than 1.7 million acres to explore offshore Egypt, helping to build its natural gas and oil portfolio in the Eastern Mediterranean.

December 31, 2019
ExxonMobil Discovers Huge Natural Gas Reservoir Offshore Cyprus

ExxonMobil Discovers Huge Natural Gas Reservoir Offshore Cyprus

A discovery that may represent a natural gas resource of 5-8 Tcf has been discovered offshore Cyprus by ExxonMobil Corp., which partners in the block with Qatar Petroleum.

February 28, 2019