COVID19: Cyprus to extend Eni-Total energy exploration contract

Cyprus is ready to extend the exploration contracts of the Italian French Eni-Total consortium after the energy giants postponed drilling off the island due to the impact of the coronavirus pandemic. This is the view of Andreas Kyprianou, chairman of the Parliamentary Energy Committee. Energy Minister George Lakkotrypis briefed the committee on the latest developments in Cyprus’ hydrocarbon exploration programme amid the coronavirus crisis. Total of France and Eni of Italy have followed ExxonMobil and suspended their planned drilling activities in Cyprus’s exclusive economic zone due to concerns about the impact of coronavirus. The consortium sent a letter to Cypriot … Continue reading COVID19: Cyprus to extend Eni-Total energy exploration contract