Cyprus opens third offshore licensing round

Cyprus has opened its third offshore licensing round, offering three blocks south of the island nation under production-sharing terms (OGJ Online, Feb. 19, 2016).

Blocks 6, 8, and 10 are near Block 12, a first-round license on which a group led by Noble Energy Inc. made the deepwater Aphrodite natural gas discovery.

Total relinquished the Block 10 license last year and retained Block 11.

Applications must be submitted to the Ministry of Energy, Commerce, Industry, and Tourism within 120 days of the date of announcement of the round’s opening, Mar. 24.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...