Start of Drilling in Block 5 of Cyprus
January 24, 2025
Drilling activities in Block 5 of Cyprus' EEZ began today by ExxonMobil and QatarEnergy. Cyprus aims to become a reliable source of natural gas for the EU, enhancing its energy security. The drilling is expected to last several weeks and will be evaluated to determine the next phase of the country's energy plans. The drilling operations are being monitored by the Hydrocarbon Service personnel.