CYPRUS – THE SUSTAINABLE ENERGY HUB FOR EUROPE IN THE EASTERN MEDITERRANEAN

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Held under the Auspices of
H.E. the President of the Republic of Cyprus - Mr. Nicos Anastasiades

East Mediterranean Breaking News:

Convergence and divergence between oil and natural gas prices
The Coronavirus pandemic has had a devastating impact on global oil markets, but natural gas companies are also facing declines. In this article, we will look at how natural gas markets deal with low demand due to the Coronavirus pandemic. At the present time, monitoring oil prices-reference oils, for example, Brent oil, West Texas Light oil, Dubai and Oman oil, to determine other oil prices, in terms of quality and spatial quality, is no longer difficult for specialists or analysts. To continue reading the article please click here.
EMC to Launch Webinar Series
The EMC Team are pleased to announce that we are in the process of working on a range of webinars for 2020 – we will be shortly announcing the first of our webinar programme – more information to follow!
Drillers improving exploration performance, report finds
LONDON – Westwood Global Energy Group’s ‘State of Exploration 2020’ report reveals an increase in drilling globally last year, with improved performance in 2019. The number of high-impact wells drilled rose 39% compared with 2018, with more than 15 Bboe discovered and commercial success rates of 32%, the highest in at least 10 years. Westwood identified 28 potentially commercial discoveries with resources above 100 MMboe, almost double the number in 2018 and the highest since 2014. The four largest were gas or gas condensate in Iran, Russia, Mauritania, and Cyprus, and there were also eight oil discoveries containing more than 200 MMbbl, including three offshore Guyana. To continue reading the original article please click here

EMC 2020 – POSTPONEMENT ANNOUNCEMENT

Due to the outbreak of COVID-19 across the globe, the EMC Organizers, in agreement with CHC – Cyprus Hydrocarbons Company, hosting partner of the event, have taken the decision of postponing EMC 2020 – The Eastern Mediterranean Energy Conference & Exhibition to 7-9 September 2020, in Nicosia, Cyprus.

Even though EMC 2020 has not suffered any change in terms of either cancellations of participants or interest in the show, we believe that the concerns and difficulties for the people and companies to travel would drastically affect the overall quality of the event.

With these rescheduled dates we are committed to delivering a successful event and platform to provide our participants with the foundations of a quality technical programme for knowledge-sharing and professional development, and business exhibition.

We look forward to seeing you in Nicosia in September 2020!

EMC 2020 Organisers

CONFERENCE AGENDA NOW AVAILABLE

THE SUSTAINABLE EASTERN MEDITERRANEAN ENERGY HUB

A STRATEGIC NATURAL GAS & HYDROCARBON ENERGY PARTNER FOR THE EMEA REGION

With so many exciting new discoveries in the Eastern Mediterranean basin; the strategically located island of Cyprus is poised to become a sustainable gas, offshore and energy partner for its European partners.

Coinciding with a number of extensive new offshore discoveries the conference has attracted a large number of technical and commercial papers from some of the leading players in the global energy industry.

DISCOVER ALL CONFERENCE OFFERS HERE

CHECK THE CONFERENCE PROGRAMME

INVITATION LETTER BY CHC – CYPRUS HYDROCARBONS COMPANY

Professor Toula Onoufriou, President of CHC, Professor at the Cyprus University of Technology, and Chairman of the EMC Organizing Committee welcomes the oil&gas community at EMC 2020.

Dear Industry Colleagues,

It gives me great pleasure to welcome the energy industry players and stakeholders to Cyprus for the inaugural edition of the EMC – EASTERN MEDITERRANEAN OFFSHORE CONFERENCE & EXHIBITION.

The Mediterranean basin has proved to be a world-class energy source with huge hydrocarbon potential. Cyprus, on this focus, has become one of the most attractive energy destinations in the Mediterranean, with significant business opportunities, in a unique investment climate and a booming economy. Cyprus enjoys a golden era of prosperity from the hydrocarbon industry and the gas discoveries.

EMC is part of the OMC – MOC group of events which covers the Mediterannean Energy Sector.

EMC is set to become the 3rd meeting in the mediterranean area strategically located in Cyprus which has recently emerged as one of the most interesting areas in the world energy circuit.

EMC 2020 is the essential platform for domestic and international stakeholders that invest, meet , network, share ideas and create new partnerships.

THE NEW MEDITERRANEAN ALLIANCE

The Eastern Mediterranean Gas Forum was the meeting place for the energy ministries coming from Cyprus, Egypt, Greece, Israel, Italy, Jordan, and Palestine held in Cairo to shape new alliances given the major gas discoveries in the East Mediterranean area making Cyprus the key meeting place to host a world class Exhibition and Conference.

THE KEY GLOBAL & REGIONAL ENERGY STAKEHOLDERS OPERATING IN THE EASTERN MEDITERRANEAN REGION:

ExxonMobil in block 10 raise Cyprus as one of the world-class energy countries to invest.

“These are encouraging results in a frontier exploration area. The potential for this newly discovered resource to serve as an energy source for regional and global markets will be evaluated further.”

Steve Greenlee,

President of ExxonMobil Exploration Company

ONGOING PROJECTS IN CYPRUS OVER THE NEXT 2 YEARS

The Ministry of Energy, Commerce and Industry of Cyprus will give more concession to energy companies to start drilling in eight separate sites over the next two years searching for natural gas in waters off the east Mediterranean island’s southern coast.

The Mediterranean basin is proved to be a world-class energy source with huge hydrocarbon potential. The recent energy discoveries in Cyprus, Such as: the Calypso discovery in block 6, the Aphrodite discovery in block 12 and the new recent discovery by ExxonMobil in block 10 raise Cyprus as one of the world-class energy countries to invest.