Eni, Total postpone drilling in Eastern Mediterranean

Following in the footsteps of U.S. energy giant Exxon Mobil, Italian Eni and French Total are postponing their proposed gas exploration operations in the Eastern Mediterranean for about a year, according to reports Monday.

The companies notified the Greek Cypriot administration about their decision to delay their drilling operations until March or April 2021, the administration’s spokesman Kyriacos Koushios told the Cyprus Mail.

However, the companies will not cancel the capital expenditure allocated to the drills, which Koushios described as “good news.”

Before the coronavirus outbreak, Eni and Total had earlier announced their plan to start exploratory drilling in what they called “Block 6” in early February.

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