Monthly Archives November 2019

Maritime Cyprus & the Ministry of Shipping Partner with EMC 2020

The “Maritime Cyprus” Conference is organised every two years by the Shipping Deputy Ministry in cooperation with the Cyprus Shipping Chamber and the Cyprus Union of Shipowners. It was first established in 1989 and since then, has grown into one of the world’s most significant and most attended shipping conferences. Its status now gives it a prominent position in the calendar of many shipping executives, including owners and managers as well as those in charge of organisations with shipping related activities. The “Maritime Cyprus” Conference attracts to Cyprus approximately 800 shipping executives from around the globe. For more information about
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Categories: News.

Schlumberger Becomes a Supporter of EMC 2020

Global oilfield services provider Schlumberger is the latest in a number of supporters to lend their support to EMC 2020!  About Schlumberger: Our story begins with what it truly means to be a technology innovator. Our common sense of purpose unites 105,000 people representing 140 nationalities with products, sales and services in more than 120 countries. We are the world’s leading provider of technology for reservoir characterization, drilling, production, and processing to a global energy industry.We believe energy makes society progress, so we find ways to help our customers fuel agriculture, industry, medicine, science, space, technology, and transportation. Few parts
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Categories: News.

Cyprus Signs Offshore Concessions

Cyprus signed a 25-year concession on Thursday with a three-member consortium for the exploitation of a gas reservoir south-east of the island first discovered in 2011. The contract with Noble Energy, Shell and Delek is the first commercial exploitation licence signed by the Mediterranean island. The Aphrodite field is thought to hold an estimated 4.1 trillion cubic feet (tcf) of gas. Cypriot authorities have said natural gas will start being extracted in 2025, with estimated earnings of 9.3 billion euros ($10.29 billion) over an 18-year period. Original Article
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Categories: News.