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Praxoula Has Left The House (of Representatives)

Tue, 07/02/2012 - 14:51 — Savvas Hadjigeorgiou

praxoula antoniadouAccording to In Business News Magazine, Minister of Commerce Praxoula Antoniadou left the House where the second round of licensing for hydrocarbons was being debated in protest against a proposed bill that would put a stop to her plans to evaluate the proposals personally.

Noble Energy May Participate In Second Licensing Round

Wed, 01/02/2012 - 13:09 — Sarah Fenwick

noble energy second round licensingNoble Energy is considering participating in the second round of licensing for offshore oil and gas exploration concessions, said the company's Vice-president Terry Gerhart after meeting with President Demetris Christofias in Nicosia today.

Energy Sector Decisive for Economy - KEVE

Thu, 29/12/2011 - 15:22 — Sarah Fenwick

natural gas cyprusThe Cyprus Chamber of Commerce and Industry (CCCI)has welcomed the discovery of natural gas off Cyprus in Block 12, saying that even though the economy is suffering from recession, the energy sector will be decisive for future growth.

Natural Gas Discovery in Block 12 Worth 100 Bln Eur - Minister

Wed, 28/12/2011 - 12:06 — Sarah Fenwick

noble energyMethane gas reserves in Block 12 are estimated to be worth around 100 billion euros, according to Minister of Commerce Praxoulla Antoniadou.

On December 28th, President Christofias said that Noble Energy International has confirmed 5-8 trillion cubic feet (tcf) of natural gas in Block 12 of Cyprus' Exclusive Economic Zone (EEZ) in a discovery that has put Cyprus on the EU's energy map.

Two Noble Energy Workers Inhale Toxic Gases

Wed, 21/12/2011 - 11:09 — Sarah Fenwick

workers injured on homer ferringtonTwo Noble Energy workers were airlifted off the Homer Ferrington rig for medical treatment after they inhaled toxic gases, said the Ministry of Defence.

Fears Ease Over Attack from Turkish Warships in EEZ

Sat, 10/12/2011 - 14:35 — Sarah Fenwick

turkey threats cyprusFears of an attack from Turkish warships in the waters around Cyprus have eased following a statement from Defence Minister Demetris Iliades, who said that there are no immediate threats of a military incident in Cyprus' Exclusive Economic Zone (EEZ).

Turkey Set To Drill For Gas, Oil Offshore Famagusta

Sun, 27/11/2011 - 19:08 — Adrienne Morley

turkey drilling for offshore gas cyprusTurkey's Petroleum Corporation (TPAO) is set to start drilling for offshore oil and gas in Famagusta in around three months, said Energy Minister Taner Yildiz speaking from Turkish-held Kyrenia.

Second Round of Undersea Oil,Gas Exploration Bids Launched

Wed, 23/11/2011 - 16:31 — Savvas Hadjigeorgiou

second round bidding for hydrocarbon concessionsThe government has given the green light to Minister of Commerce and Industry Praxoula Antoniadou to launch a second licensing round for the exploration of hydrocarbons in Cyprus’s EEZ. The announcement came from spokesman Stefanos Stefanou after a Cabinet meeting Wednesday.

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