Saipem 12000 will remain in position until the situation is resolved, ENI spokesman tells CNA

A vessel, conducting drilling operations on behalf of Eni in Cyprus’ Exclusive Economic Zone, will remain in position until a situation, created by Turkish military activity in the area of the Eastern Mediterranean, is resolved, a spokesman for ENI has told CNA.

The spokesman also said that the vessel Saipem 12000 has planned drilling operations on behalf of ENI in block 3 in the Republic of Cyprus’ EEZ.

Eni can confirm that on Friday afternoon the Saipem 12000 vessel had to stop the transfer journey to a new location as it was stopped by Turkish military ships with the notice not to continue because there would be military activities in the destination area, a spokesman from ENI told CNA last night.

The vessel, the spokesman explained, has prudently executed the orders and will remain in position pending an evolution of the situation.

Saipem 12000 has planned drilling operations on behalf of ENI in Block 3 in the waters of the Exclusive Economic Zone of the Republic of Cyprus, he added.

Since this issue, the government of Cyprus has been in constant communication with the government of Italy and ENI , reliable sources have told CNA. They also expressed the belief that Rome will resolve this matter.

The Cyprus government has briefed other players in the international community, such as the European Union and the USA.

On Thursday, ENI announced that it has made a lean gas discovery in Block 6 Offshore Cyprus with Calypso 1 NFW. The well, which was drilled in 2,074 meters of water depth reaching a final total depth of 3,827 meters, encountered an extended gas column in rocks of Miocene and Cretaceous age. The Cretaceous sequence has excellent reservoir characteristics.

An intensive and detailed data collection (fluids and rock samples) has been executed on the well. Calypso 1 is a promising gas discovery and confirms the extension of the Zohr like play in the Cyprus Exclusive Economic Zone (EEZ).

Additional studies will be carried out to assess the range of the gas volumes in place and define further exploration and appraisal operations.

ENI is the Operator of Block 6 with 50% of participation interest while Total is partner with the remaining 50%.

ENI has been present in Cyprus since 2013 and detains interests in six licenses located in the EEZ of Cyprus (in Blocks 2, 3, 6, 8, 9 and 11), five of which are operated.

Source: Cyprus News Agency