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CYPRUS - THE EASTERN MEDITERRANEAN HUB, A SOURCE OF ENERGY FOR EUROPE

Held under the Auspices of

H.E. the President of the Republic of Cyprus – Mr. Nicos Anastasiades
Join EMC 2021 In-Presence Exhibition & Conference

GRAB THE OPPORTUNITY TO LEARN MORE ABOUT CYPRUS ENERGY MARKET

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East Mediterranean Breaking News:

How geothermal energy could power the future
Miles below the Earth’s surface, there’s enough thermal energy to power all of humanity for the foreseeable future. It’s called geothermal energy, and it’s poised to play an increasingly large role as a source of always-available, renewable power. Today, there are a number of startups in the geothermal space, working to figure out how to access this heat in difficult-to-reach geographies, at a price point that makes sense. The drive is even getting the attention of oil and gas industry giants, interested in greening their portfolios, while sticking to their core competencies – extracting energy resources from deep within the Earth. To continue reading please click here
Israel-Cyprus gas talks disappoint Ishai partners
Last week talks began between the two groups holding the two parts of the Aphrodite offshore gas field. The largest part is in Cypriot economic waters and is owned by Delek Drilling LP (TASE: DEDR.L), Chevron and Shell. The smaller part, known as the Ishai gas field, is in Israeli economic waters and owned by four Israeli companies – Israel Opportunity, Nammax Oil & Gas, Petroleum Services Holdings (PSH), and Eden Energy. The fact that the same field stretches across the border of the economic waters of the two countries requires economic arrangements on the matter. To continue reading the original Globes article
Israeli firm to sell gas field stakes to UAE company: statement
erusalem: An Israeli firm is set to sell its stake in a vast offshore gas project to an Emirati company for $1.1 billion, the biggest commercial deal yet after the countries normalised ties. “Delek Drilling of Israel has announced the signing of a non-binding Memorandum of Understanding with Mubadala Petroleum of Abu Dhabi, UAE for the sale of Delek Drilling’s 22 percent non-operated stake in the Tamar gas field,” they said in a joint statement Monday. To continue reading the energy economic times article please click here

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.