Energy Minister George Papanastasiou has confirmed the successful conclusion of negotiations between the Cyprus government and Chevron, the U.S. energy company, regarding the development of the Aphrodite offshore natural gas field. The
US oil major Chevron, the operator of the Aphrodite gas field, has been given another new extension to reply to the government by December 1 over deadlocked negotiations. Energy Minister George Papanastasiou
The government has granted the Aphrodite gas field operator, US giant Chevron, another week extension to agree on the untapped reservoir’s development plan. Israel’s NewMed Energy, a partner in the Aphrodite consortium,
Nicosia is confident that a dispute with US energy giant Chevron over the commercial exploitation of Aphrodite’s untapped natural gas could still end with an agreement despite continuous extensions to – so
Developments are expected in the coming days for a win-win outcome in discussions with US oil major Chevron over the dispute about exploiting the Aphrodite gas field, said Energy Minister George Papanastasiou. Nicosia granted
Final decisions on developing the Aphrodite gas field will be made on November 20, NewMed Energy said in a statement to the Tel Aviv Stock Exchange. It said the consortium partners will
Clay Neff, Chevron’s president for Africa and Latin America Exploration and Production, will visit Cyprus on Friday, days before the expiration of the government deadline for negotiations over the revised development plan
Nicosia and Chevron International reaffirmed that developing the Aphrodite offshore natural gas field in Cyprus’ Exclusive Economic Zone (EEZ) is of “strategic importance”. The issue was discussed during a meeting that President Nikos Christodoulides
Cyprus rejected Chevron’s plan to develop the island’s offshore Aphrodite natural gas field, but Energy Minister George Papanastasiou is hopeful a compromise can be found. Papanastasiou told Bloomberg that the concerned parties
The drilling of an appraisal well at the offshore Aphrodite natural gas field was successfully completed with positive signs of undersea riches, said Energy Minister George Papanastasiou. He told journalists Monday that the
