Egypt and a consortium made up of energy companies Total of France and Italy’s Eni will next month sign a key agreement to transport natural gas from an undersea deposit inside Cypriot waters to Egypt where it will be liquefied and processed for export,

US major ExxonMobil and Qatar Energy have launched a new drilling operation off Cyprus as they seek to tap the Mediterranean island's offshore gas, officials said on Friday.

The two bond issues are aimed at bolstering Eni’s financial structure and align with the company’s dedication to keeping hybrid bonds as a permanent element of its capital str

ExxonMobil and its partner offshore Cyprus, QatarEnergy, on Friday started drilling for natural gas in an exploration block in the island nation’s exclusive economic zone, the President of Cyprus, Nikos Christodoulides, said. The U.S. supermajor and Qatar’s state energy giant launched drilling activities in Block 5, Christodoulides wrote on X.

Egypt and the Eni-Total consortium will sign a significant agreement for transporting Cypriot natural gas for liquefaction and export.

In November, the hull of Eni’s 2.4 million tonnes per annum Nguya FLNG unit was floated out of Wison’s Nantong yard and moved to the Zhoushan facility for work to be undertaken on integrating the floater’s topsides modules with its hull.

Algeria signed an agreement with US energy giant Chevron on Wednesday aimed at assessing potential offshore oil resources in the Mediterranean, according to the country's energy ministry.

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