Shell has agreed to sell BG Cyprus to MOL Group for up to $720 million, covering its 35 per cent stake in Cyprus Offshore Block 12’s Aphrodite gas field, with produced gas expected to be supplied to Egypt’s Egyptian Natural Gas Holding Company....
TotalEnergies and Eni have approved the development of Cyprus’ Cronos gas field, with first production targeted for 2028. The project will supply European markets through Egypt’s LNG infrastructure, reaching around 2.8 million tonnes annually....
QatarEnergy has signed a commercial discovery declaration for the Glaucus and Pegasus fields in Block 10, offshore Cyprus, as well as a collaboration statement, together with the Government of Cyprus and ExxonMobil....
QatarEnergy signed an MoU with Egypt and ExxonMobil to explore Cyprus gas development and commercialisation via Egypt’s LNG infrastructure, strengthening Egypt’s role as an Eastern Mediterranean gas hub....
Egypt and Cyprus signed a natural gas cooperation framework, witnessed by Presidents Abdel Fattah El Sisi and Nikos Christodoulides, during the 9th Egypt Energy Show (EGYPES 2026), strengthening bilateral energy collaboration....
