East Mediterranean Breaking News:

The Cyprus Employers & Industrialists Federation (OEB) Becomes EMC 2020 Partner
The Cyprus Employers & Industrialists Federation (OEB) is the most representative national employer organization, politically independent, with a mission to promote and support the benefits of Cypriot businesses in Cyprus, in the European Union (EU) and internationally. OEB is recognized by all official bodies, committees, councils, forums and institutions, as the leading institution and voice of Cypriot businesses. The statutory objectives of OEB include the continued economic and social progress of Cyprus, the country’s participation in decision-making bodies in the EU that affect the economy, the promotion of private initiative, the promotion of innovation, gender equality and female entrepreneurship and leadership, as well as to guide and assist businesses in achieving complete professionalism, become competitive and socially responsible. For more information please visit the OEB homepage.
Energean Seeks to Supply Natural Gas to Cyprus from Israel
Energean Oil & Gas said on Tuesday its Energean International unit submitted an application to import and supply natural gas to Cyprus starting in 2021. In its application to Cypriot authorities, it said it sought to supply gas through a pipeline from the Karish block offshore Israel to Vassiliko, Cyprus. The pipeline would be 215 km (135 miles) long and transport natural gas from the Karish North field, which contains 25 billion cubic meters of discovered recoverable resources. To read more and for the original article please click here.
Oil Majors See Huge Opportunity In Eastern Mediterranean
Quite suddenly, there is remarkable oil industry news to come out of the East Mediterranean region. If the plan is executed, in the space of seven years the balance of energy security in Western Europe will be radically changed. In geopolitical terms, this will be immense; when the planned Israel-Cyprus-Greece-Italy gas pipeline is built, European countries will be able to cut their ever-increasing dependence on Russian gas supplies. The story of major gas discoveries in the East Mediterranean started in the shallow-water offshore Egypt, with Miocene Nile Delta discoveries progressively stepping out into deeper and deeper water. The first discovery was made by Phillips Petroleum in 1969, when it drilled the play-opening Abu Qir 1 NFW. To read more please click here to see the original article.

CALL FOR PAPERS NOW CLOSED

To submit a papers or ask information please contact us at conference@emc-cyprus.com

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.

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.

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.