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Published 15 days ago

Cyprus wants better plan from Chevron for offshore gas field

Summary by philenews.com

Cyprus said on Thursday it wanted to see improvements to Chevron-led CVX.N plans to extract gas from an offshore field, giving the consortium led by the U.S. major six months to meet its requirements. There have been protracted talks on the future development of the Aphrodite field south-east of Cyprus since Chevron attempted to introduce changes to a 2019 field development plan. That plan had been agreed between Cyprus and licence-holder Noble,…

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Cyprus wants better plan from Chevron for offshore gas field

Cyprus said on Thursday it wanted to see improvements to Chevron-led CVX.N plans to extract gas from an offshore field, giving the consortium led by the U.S. major six months to meet its requirements. There have been protracted talks on the future development of the Aphrodite field south-east of Cyprus since Chevron attempted to introduce changes to a 2019 field development plan. That plan had been agreed between Cyprus and licence-holder Noble,…

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