Cyprus Ready to Accept Bids for 11 LNG Exploration Blocks

Thursday, February 08, 2007
Cyprus is ready to launch its first international offshore bidding round for 11 southern exploration blocks for liquefied natural gas (LNG) next week, despite Turkey’s efforts to create tension in the area with war games in an effort to fend off potential bidders for the project. The first round for the submission of applications for tenders for research and hydrocarbon exploitation will begin on February 15 and end on July 16. The whole procedure is expected to be concluded by Autumn.

The government of Cyprus has rejected protests by Turkey over the maritime economic zone agreement signed with Lebanon last month to delineate the exploration borders of each country. A similar agreement was signed with Egypt two years ago that also irked Ankara that claims Cyprus cannot sign any natural resources agreement without the consent of Turkey (as a guarantor of the 1960 independence) nor without the consent or the Turkish Cypriot community in the north, which Turkey regards as “isolated” by the Greek Cypriot government. Source: Xpress

Maritime Reporter November 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Offshore

Polarcus Awarded 3D Project Off West Africa

Polarcus Limited has signed a letter of intent with Perenco Oil & Gas Gabon S.A. for a 3D marine seismic acquisition project offshore West Africa.   The project,

Boskalis, VolkerWessels Win Offshore Wind Farm Work

Royal Boskalis Westminster N.V., in partnership with Volker Stevin International (VolkerWessels), has been awarded a contract by Iberdrola Renewables Offshore Deutschland

Nordic Yards Delivers 'Wind Server'

Nordic Yards officially handed over the offshore service vessel to the Danish company DBB Jack-Up Services A/S. During the handover ceremony, the ship was named ‘WIND SERVER’.

LNG

Liquefaction Terminals to Dominate LNG Capital Expenditure

Capital expenditure (Capex) on global LNG facilities is expected to total $259 billion (bn) over the period 2015-2019, with investments expected to be 88% larger

Wärtsilä to Begin Building LNG Terminal in January

Wärtsilä has been given full notice to proceed (NTP) from Manga LNG Oy for the supply of a liquefied natural gas (LNG) import terminal in Tornio, Northern Finland.

EGAS Tenders for as many as 48 LNG Cargoes

Egypt's state-owned gas company EGAS has tendered to buy at least 48 cargoes of liquefied natural gas (LNG) for delivery in 2015/16, three traders said. A senior

 
 
Maritime Careers / Shipboard Positions Maritime Security Navigation Offshore Oil Pod Propulsion Port Authority Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2916 sec (3 req/sec)