Cyprus signs series of drilling contracts with energy giants

Exploratory drilling is set to take place in block 11 of Cyprus Exclusive Economic Zone (EEZ) in the first two weeks of July, Eleanor Rowley, a top Total official, said on Thursday. She was speaking during a ceremony, at the Presidential Palace, in Nicosia, to sign the contracts for exploration and production sharing contracts for blocks 6 and 8 within Cyprus EEZ. On Thursday the government signed a similar contract with ExxonMobil Corporation and Qatar Petroleum for Block 10.

Source: Cyprus News Agency