Exxon Mobil, in collaboration with Qatar Energy, has commenced gas drilling operations in Block 5 of the Cypriot Exclusive Economic Zone, utilizing the Valaris 9 drillship. The Republic of Cyprus is issuing NAVTEX notices as it progresses with the exploitation of its energy resources.
Tag: energy resources
Turkey's accession to the European Union (EU) could have significant implications for the situation in the Eastern Mediterranean, especially regarding the natural gas and oil deposits in the region.
Turkey's EU membership could contribute to enhancing political stability in the region, increasing the possibility of a more coherent and cooperative policy approach to energy resources. The EU aims to resolve disputes between member states through dialogue and diplomacy, which could reduce tension in the region and create a more secure and conducive environment for energy investment.
The Greek Defence Ministry has strongly refuted recent claims made by Turkish Defence Minister Yasar…
In a potential breakthrough for regional stability, Greece and Turkey have agreed to explore the possibility of launching talks to resolve their long-standing maritime border dispute. The decision follows a meeting between Greek Prime Minister Kyriakos Mitsotakis and Turkish President Recep Tayyip Erdogan, signaling a renewed commitment to diplomacy after years of tension.