articles | 10 November 2014

ENI drilling crucial for Cyprus energy search

Energy Minister Giorgos Lakkotrypis recently said the first drilling by ENI/KOGAS in the Onasagoras field in Cyprus Exclusive Economic Zone (EEZ) is crucial for the continuation of the exploration programme of the consortium.

The minister said that ENI/KOGAS will proceed with four sets of exploration drilling, with results expected next month.

"This first drilling will be crucial for the future since it will show what is there at the Onasagoras field and will give us data for the whole geological structure of the area”, he said.

The minister made the remarks during an address to the ‘Energy Prospects’ events in Limassol.

ENI is the Operator of blocks 2, 3 and 9 of the Cyprus EEZ with 80% participating interest while KOGAS is partner in these blocks with a 20% participating interest.

Source: Famagusta Gazette

Cooperation Partners
  • Logo for Cyprus Chamber of Commerce and Industry
  • Logo for Association of Cyprus Banks
  • Logo for CYFA Cyprus
  • Logo for Invest Cyprus
  • Logo for Love Cyprus Deputy Ministry of Tourism
  • Logo for Ministry of Energy, Commerce, Industry and Tourism
  • Logo for Cyprus Investment Funds Association
  • Logo for Cyprus Shipping Chamber
  • Logo for Cyprus International Businesses Association