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Cyprus has responded to a request from international energy companies led by Chevron for an extension in talks over a modified development plan for its Aphrodite offshore gas field, its energy ...
Chevron subsidiary Chevron Cyprus Ltd. operates Aphrodite, located on Block 12 on the Cyprus-Israel maritime border, with a 35 percent stake.
Chevron Cyprus Ltd. operates Aphrodite, located on Block 12 on the Cyprus-Israel maritime border, with a 35 percent stake. BG Cyprus Ltd. holds the remaining 35 percent.
Chevron will begin a survey of the east Mediterranean seabed early this summer to prepare for a pipeline connecting a natural gas deposit in Cyprus waters with processing facilities in Egypt.
Chevron's involvement in the Aphrodite field is part of its broader strategy in the Eastern Mediterranean, a region that has emerged as a vital hub for natural gas exploration and production.
NiseriN/iStock via Getty Images. Cyprus' government has told Chevron (NYSE:CVX) the company has breached its production-sharing contract on the 3.5T cf Aphrodite offshore natural gas field, Energy ...
Aphrodite, discovered more than a decade ago about 170 km (105 miles) from Limassol, holds an estimated 124 billion cubic metres of gas. NewMed has a 30% stake in the field, while Chevron and ...
Chevron is probably prepared to negotiate around its proposed FDP, ... (FDP) for the 4.5trllion cubic feet Aphrodite gas field. But we have to be careful here: it is… ...
Chevron Corporation (CVX)-led consortium’s plan to develop Cyprus' Aphrodite gas field got rejected by the government, according to a Bloomberg News report, citing energy minister Giorgos ...
Chevron and partners Shell and Israeli NewMed Energy are in charge of developing Aphrodite, which was discovered in 2011 some 160 km (100 miles) off Cyprus’ southern coastline, within the island ...
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