Archives for News

Global Subsea Solutions Specialist Joins EMC 2020 – Introducing Oceaneering

We pleased to announce the latest addition to our line-up of supporters – Global subsea engineering giant, Oceaneering gives its backing to EMC 2020.  About Oceaneering: To solve your toughest challenges, we do things differently, creatively, and smarter. As your trusted partner, our unmatched experience and truly innovative portfolio of technologies and solutions give us the flexibility to adapt and evolve, regardless of market conditions. We provide engineered services and products primarily to the offshore energy industry. Today, we also use applied technology expertise to serve the defense, entertainment, material handling, aerospace, science, and renewable energy industries. For more information
Read More

Categories: News.

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
Read More

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
Read More

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
Read More

Categories: News.

Introducing our Core Partners – the Cyprus Hydrocarbon Company

About the Cyprus Hydrocarbons Company (CHC) is the National Oil and Gas Company of Cyprus. It was established in March 2014. As a state-owned company, CHC has the mandate to act as the technical and commercial arm of the Government of Cyprus (GoC) on matters relating to exploration, production and monetization of Oil and Gas reserves from the Exclusive Economic Zone (EEZ) of Cyprus. Cyprus as a Business Hub: The geostrategic position of Cyprus has played a major role in shaping its history and contributed to its modern emergence as a key business hub in the Eastern Mediterranean. Cyprus has
Read More

Categories: News.

Introducing Rota – the Co-Organisers of EMC 2020

We are ROTA SA, the largest exhibition organization company in Greece. We organize trade shows, exhibitions open to the public, conferences and events, catering to the specific needs of numerous market sectors, with an array of products ranging from home furnishing items to construction purpose aluminum systems. We know that organizing a successful exhibition commands particularly complex procedures and careful planning, as they in turn demand specialized knowledge and ability in multiple activity fields. In parallel to cooperation, project management and the coordination of large groups of people, above activity fields commonly include advanced skills in communication, marketing, planning strategy,
Read More

Categories: News.

Cyprus signs contracts with International Operators on five EEZ blocks

The contracts were signed at the energy ministry by Energy Minister Giorgos Lakkotrypis in Nicosia with representatives of the two companies in the presences of the ambassadors of France and Italy. In July the cabinet announced that the Total-Eni consortium had been granted a licence for exploratory drillings in block 7. Total was also granted a licence for blocks 2, 3, 8 and 9 where ENI is already a licensee. For the block 7 licence, the two companies have a share of 50 per cent each. In addition, Total will receive from ENI a share of 20 per cent for
Read More

Categories: News.

LNG Import terminal to be constructed in Cyprus

We are pleased to see the successful outcome of the process,” Defa chairman Symeon Kassianides said. “Here at Defa we believe that the future of the country is aligned with natural gas and we expect it to play a major role in the economic development of the country in years to come. The establishment of the natural gas market will boost the development of the whole energy and industry sectors of the Republic.” Α multinational consortium of JV China Petroleum Pipeline Engineering Co Ltd, Aktor S.A. and Metron S.A., with Hudong-Zhonghua Shipbuilding Co. Ltd and Wilhelmsen Ship Management Limited ranked
Read More

Categories: News.

EAST MEDITERRANEAN STATES LOOK TO ACCELERATE REGIONAL GAS COOPERATION

Energy ministers from across the East Mediterranean met on July 25 to discuss how to accelerate the development of the region’s vast gas resources and to increase cooperation in a bid to pave the way for a “sustainable regional gas market.” Ministers from Cyprus, Egypt, Greece, Israel, Italy, Jordan and the Palestinian National Authority met in Cairo as part of the East Mediterranean Gas Forum (EMGF), which they founded in January this year. With tensions high in the politically sensitive region, the forum’s aim is to ensure gas resources in the East Mediterranean can be developed economically and countries can “foster regional energy cooperation.”
Read More

Categories: News.