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ExxonMobil

Greece, US Back Drilling Off Crete; Call for Respect for International Law

Greek and American officials hailed the partnership between oil giants ExxonMobil of the US, Total of France and Hellenic Petroleum in two offshore exploration licenses off Crete during a Monday teleconference. "Both sides welcomed the participation of ExxonMobil in partnership...

Greece Signs Historic Agreement To Explore Natural Resources South of Crete

Greece signed a formal agreement on Thursday with the companies ExxonMobil, Total and Hellenic Petroleum (ELPE) to research and exploit the natural resources located south and west of the island of Crete, in the Mediterranean Sea. Many high-ranking officials, including Greek...

Premier Tsipras Announces US' ExxonMobil to Conduct Exploration South of Crete

Greek Premier Alexis Tsipras announced on Friday that the Greek government and the American Energy giant ExxonMobil will sign an agreement regarding energy exploration and drilling next week. Speaking to journalists in Brussels following the two-day European Council Summit, Tsipras...

Natural Gas Deposits in Cyprus' EEZ Alters Balance in East Mediterranean

This week's announcement of the discovery of a natural gas field containing 5 to 8 trillion cubic feet of the resource, in plot 10 of Cyprus' Exclusive Economic Zone (EEZ), has been nothing short of explosive. The news of the major discovery...

Renewed Drilling Ahead For Cyprus' ''Delfini'' Area

Greek and Cypriot media reported on Thursday an initial failure in Exxon Mobil's campaign to discover natural gas in the area dubbed ''Delfini'', in Block 10 of the Cypriot Exclusive Economic Zone (EEZ). According to a statement made by Cyprus'...

Turkey Vows To Begin Drilling in Cyprus' Exclusive Economic Zone

The spokesman for the Turkish Foreign Ministry Hami Aksoy stated that Turkey will start its own drilling operations in ''licensed areas of the Turkish Republic of Northern Cyprus''. Aksoy was responding to a question regarding the commencement of drilling operations by the...

ExxonMobil Vessel Begins Drilling Off Cyprus

The Cyprus government announced Friday that ExxonMobil has started drilling at an offshore oilfield inside the island’s exclusive economic zone. Energy Minister Giorgos Lakkotrypis made the announcement in Nicosia during a meeting with US Assistant Secretary of State for Energy...

ExxonMobil Vessel Ready to Begin Drilling Off Cyprus

A drilling vessel leased by ExxonMobil has arrived in Cyprus' offshore block 10 and is preparing to drill into the seabed soon, the country's energy minister announced on Monday. Giorgos Lakkotrypis said that the Stena Icemax vessel had arrived on schedule at...

ExxonMobil Drillship Sails To Cyprus Amid Turkish Threats

A drillship leased by ExxonMobil continues its journey through the Mediterranean towards Cyprus, where it is expected to arrive on November 12. The Stena IceMax ship has passed the southern coast of Spain, as Turkey was again warning that it...

Turkish Defense Minister Again Threatens Greece and Cyprus

In statements made on Friday, Turkish Defense Minister Hulusi Akar continued his recent string of threatening rhetoric directed towards Greece and Cyprus, this time stating that Ankara will not accept a "fait accompli." Speaking at Turkey's National Assembly during a...