• Tue. Jun 30th, 2026

Famagusta Gazette

News From Cyprus

Exxon set to drill off Cyprus next year

ByFamagusta Gazette

Dec 30, 2024

Activity in energy sector in the Eastern Mediterranean will restart with the American company ExxonMobil conducting drilling operations in the Exclusive Economic Zone (EEZ) of Cyprus next month.

In recent media reports, it was announced that ExxonMobil would carry out two new drilling operations in January 2025.

ExxonMobil will reportedly conduct drilling operations in the “Pegasus” and “Electra” deposits in the 6th and 5th parcels within the “EEZ”.

Famagusta Gazette