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Chevron - EastMed Energies
Cypriot Government, Chevron Reach Agreement for Aphrodite Gas Field
The government of Cyprus and Chevron have reached an agreement for the development of the ‘Aphrodite’ gas field in block 12 of the country’s exclusive economic zone (EEZ). The negotiations between the two parties have been ongoing for several months, with the government initially rejecting proposed amendments from the company. However, with the deadline proposed […]
Chevron, Cyprus Reach Agreement for Aphrodite Development
Chevron and the Cypriot government sealed a deal for methods to develop the Aphrodite gas field, which is estimated to have 4.2 trillion cubic feet of gas, according to the Associated Press. According to the agreement, both Cyprus and Chevron will have mutual benefit, a Cypriot official revealed, not disclosing further details. Cypriot energy ministry […]
Cyprus Grants Seven-Day Extension to Chevron to Reach Agreement over Aphro ...
The Cypriot government granted Chevron Corporation, Aphrodite gas field operator, a seven-day extension to reach an agreement for the field’s development plan, according to a statement by a partner in the consortium NewMed Energy reported in ekathimerini. Chevron Cyprus Limited has received a letter from the Giorgos Papanastasiou, Cypriot Minister of Energy, which grants the […]
Cyprus Responds to Chevron’s Request to Extend Negotiations over Aph ...
Cyprus has responded to a request from international energy companies led by Chevron to extend the negotiations about the modified development plan for its Aphrodite offshore gas field, Reuters reported in reference to a statement by George Papanastasiou, Cyprus’s Minister of Energy. “We responded to a letter by the company seeking an extension which we received last […]
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