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Huge Overseas Interest in CY EEZ Gas Concessions

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Huge Overseas Interest in CY EEZ Gas Concessions

Postby bill cobbett » Thu Nov 24, 2011 11:25 pm

Politis is reporting on the massive interest amongst overseas oil/gas firms in bidding for the remaining blocks for oil/gas exploitation in CY waters.

They are saying that there... "is interest from Petrobras of Brazil, the U.S. interests ExxonMobil, the British BP, Dutch Shell, the company Petronas of Malaysia and the Russian Gazprom are reportedly in the list of companies that bought the results of investigations conducted by the Cyprus Republic to identify potential hydrocarbon.

These are firms that have already paid for the seismic results in CY waters.

More in this rough google translation ...http://translate.google.co.uk/translate ... md%3Dimvns
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Re: Huge Overseas Interest in CY EEZ Gas Concessions

Postby SKI-preo » Fri Nov 25, 2011 2:23 am

Dutch Shell is that the mob the Tourchoi had lined up. Maybe Dutch Shell have realised its better to go direct to the legal owners.
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Re: Huge Overseas Interest in CY EEZ Gas Concessions

Postby Hermes » Fri Nov 25, 2011 3:36 am

bill cobbett wrote:They are saying that there... "is interest from Petrobras of Brazil, the U.S. interests ExxonMobil, the British BP, Dutch Shell, the company Petronas of Malaysia and the Russian Gazprom are reportedly in the list of companies that bought the results of investigations conducted by the Cyprus Republic to identify potential hydrocarbon.


Now let me think. One for the French. One for the Russians. One for the US. And nothing for the British - unless they start to behave themselves.
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Re: Huge Overseas Interest in CY EEZ Gas Concessions

Postby aikhme » Fri Nov 25, 2011 9:03 am

bill cobbett wrote:Politis is reporting on the massive interest amongst overseas oil/gas firms in bidding for the remaining blocks for oil/gas exploitation in CY waters.

They are saying that there... "is interest from Petrobras of Brazil, the U.S. interests ExxonMobil, the British BP, Dutch Shell, the company Petronas of Malaysia and the Russian Gazprom are reportedly in the list of companies that bought the results of investigations conducted by the Cyprus Republic to identify potential hydrocarbon.

These are firms that have already paid for the seismic results in CY waters.

More in this rough google translation ...http://translate.google.co.uk/translate ... md%3Dimvns


About a month ago I was reading an article in Le Parisien about the tensions in the East Mediterranean as Noble were about to commence drilling from the Noble Ferrington. As a side note, it mentioned that Total had purchased seismic data and could bid for exploration and drilling licenses within the Cyprus EEZ.

France could be one of the next big players in the area. :)

http://www.total.com/en/home-page-940596.html
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Re: Huge Overseas Interest in CY EEZ Gas Concessions

Postby kimon07 » Fri Nov 25, 2011 9:37 am

Hermes wrote:Now let me think. One for the French. One for the Russians......

They want two. And they are using a very strong argument: Their northern fleet and their only carrier!

P.S. Has anyone heard of Mr. Davudoglou recently?
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The Russians are here!

Postby kimon07 » Fri Nov 25, 2011 10:34 am

Russian navy nears Cyprus drilling zone
November 25, 2011 | Filed under: Featured News,Geopolitics THE “Admiral Kuznetsov” class aircraft carrier is currently off the coast of Malta and heading for eastern Mediterranean from their base in the Barents Sea.

Informed sources have said that the Russian navy and Israeli military will hold joint exercises next week close to Cyprus Exclusive Economic Zone.

The exercises are slated to begin on the 28th November and last a week.

Commentators say that Russia is determined to send the message that they have invested interests in the region and will secure them.

It is understood that the aircraft carrier is carrying 24-fixed wing planes and a number of helicopters. It has also been reported in the press that the Russian navy may request to use port facilities at Limassol.

The radio report also claimed that three Russian destroyers are currently anchored off the Syrian coast. Russia’s naval supply and maintenance site near Syria’s Mediterranean port of Tartus will be modernized to accommodate heavy warships after 2012, the Russian Navy chief said earlier this week.

“Tartus will be developed as a naval base. The first stage of development and modernization will be completed in 2012,” Adm. Vladimir Vysotsky said, adding it could then serve as a base for guided-missile cruisers and even aircraft carriers.

The Soviet-era facility is operated under a 1971 agreement by Russian personnel.

Russian relations with Cyprus are at their best in many years. Last month, the Russian Ambassador to Cyprus Vyacheslav Shumskiy said that Moscow fully supports the sovereign right of Cyprus to exploit its natural resources.

“Our position is absolutely clear , and we were among the first countries to comment on that, and we totally support the sovereign right of the Cypriot people for exploitation of natural resources , this is totally in accordance with the international law and with the EU regulations, so there is no doubt about that”, he noted.

Invited to comment on Turkish threats against Cyprus, he said that Turkey’s position is not “very wise”.
http://www.defencegreece.com/index.php/ ... ling-zone/

P.S. Any news from Mr. Davudoglou?
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Re: Huge Overseas Interest in CY EEZ Gas Concessions

Postby B25 » Fri Nov 25, 2011 10:54 am

No, but there is a message from Erdo, it reads: "They should apologise" :) :)
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