ExxonMobil Drilling in Cypriot EEZ
December 26, 2024
The ExxonMobil drilling rig will begin operations in mid-January at the 'Electra' target in the Cypriot EEZ and will last about a month. The Minister of Energy stated that the geological structures appear encouraging. After the first drilling, the rig will move to the 'Pegasus' target. Additionally, developments are planned for other production reservoirs like 'Cronus' and 'Aphrodite'.