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ExxonMobil and QatarEnergy to Expand Presence Offshore Cyprus

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Exploration and production sharing contract signed to explore Block 5 offshore Cyprus – Field work for seismic data acquisition to commence in 2022

ExxonMobil and QatarEnergy (formerly Qatar Petroleum) today announced that they have signed an exploration and production sharing contract with the Republic of Cyprus for offshore Block 5.

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“ExxonMobil and our partner QatarEnergy have a long and successful history of responsible resource development,” said Varnavas Theodossiou, Lead Country Manager of ExxonMobil in Cyprus. “We appreciate our strong working relationship with the Cyprus’s Ministry of Energy, Commerce and Industry, and we look forward to continue working with the government of Cyprus to evaluate and help realize the country’s hydrocarbon potential.”

Block 5 is located southwest offshore of Cyprus, and is adjacent to Block 10, which is also licensed to the ExxonMobil-QatarEnergy consortium. ExxonMobil Exploration and Production Cyprus (Offshore) Limited, a subsidiary of Exxon Mobil Corporation, and Qatar Petroleum International Upstream LLC, a subsidiary of QatarEnergy, will carry out the work program.

Contact:
ExxonMobil Cyprus
+35722393148 Tel

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