Cyprus News

Turkey Won't Abandon East Med Rights over EU Sanctions Threat, FM Says

Dec 15, 2020

Turkey will not abandon its rights and interests in the eastern Mediterranean because of possible European Union sanctions or criticism, Foreign Minister Mevlut Cavusoglu said on Monday.At a summit on Friday, EU leaders agreed to prepare limited…

East Med Dispute: Erdogan Unmoved by EU Sanctions Threat

Dec 10, 2020

Turkish President Tayyip Erdogan accused the European Union on Wednesday of never acting honestly towards his country and said Ankara was not concerned by any economic sanctions the bloc might impose on it.EU foreign ministers said on Monday…

East Med Dispute: Turkey Won't Bow to Threats, Erdogan Says as EU Considers Sanctions

Dec 07, 2020

Turkey will not bow to threats in its dispute with Greece and Cyprus over maritime claims in the eastern Mediterranean, President Tayyip Erdogan said on Monday as European Union foreign ministers met in Brussels to discuss the issue.But Erdogan…

EU Welcomes Turkish Drillship Departure From Waters Off Cyprus

Oct 06, 2020

A Turkish drillship has left the area where it was operating southwest of Cyprus and reached Turkey's coast for maintenance in a move the European Union said would help ease tensions in the Eastern Mediterranean.Refinitiv tracking data showed…

Turkish Drillship Returns to Turkey After Operating Off Cyprus

Oct 05, 2020

The Turkish drillship Yavuz has left the area where it was operating southwest of Cyprus and reached the Turkish coast, Refinitiv Eikon shipping data showed on Monday, in a move that may help ease tensions in the eastern Mediterranean.Cyprus'…

Turkey Extends Seismic Survey in Contested Waters in Eastern Mediterranean

Nov 23, 2020

Turkey said it was extending the seismic survey work being carried out by its Oruc Reis ship in a disputed part of the eastern Mediterranean until Nov. 29, a move that could add to tensions in the region.NATO members Turkey and Greece are locked…

Tensions Spike as Turkey Redeploys 'Oruc Reis' in Mediterranean Sea

Oct 12, 2020

Tensions spiked between Greece and Turkey on Monday over offshore rights in the eastern Mediterranean, with Athens vowing to push its EU peers to activate sanctions against Ankara.The deterioration in relations followed the departure earlier on Monday of a Turkish ship…

Turkey Spuds Second Black Sea Well

Nov 05, 2020

Turkey began drilling at a second borehole in a Black Sea natural gas field where it made its largest-ever discovery earlier this year, Energy Minister Fatih Donmez said on Thursday.In one of the world’s biggest finds this year, Turkey said…

Greece Calls for Tougher EU Stance Over Turkish Mediterranean Exploration

Oct 22, 2020

Greece urged the European Union on Wednesday to reconsider its customs union with Turkey in response to Ankara's continued gas exploration in contested Mediterranean areas, deploring what it termed Ankara's 'imperial fantasies.'After meeting…

Turkish Drillship to Continue Operating in Disputed Waters off Cyprus Until Mid-Oct

Sep 16, 2020

Turkey said on Tuesday it had extended the operations of its Yavuz energy drillship in disputed Mediterranean waters off Cyprus until Oct. 12, in a move that could stir tension between the Greek Cypriot government and Ankara.Yavuz will be accompanied by three other Turkish ships…

East Mediterranean Dispute: Cyprus Willing to Talk with Turkey 'Without Threats'

Sep 16, 2020

Cyprus is ready to engage in talks with Turkey to resolve differences but only 'without blackmail and threats', President Nicos Anastasiades said on Wednesday.The two countries are locked in a dispute over drilling rights in the Mediterranean…

Stalled Oil and Gas Resources – How Big an Opportunity Is It?

Oct 29, 2020

A new study by Westwood Global Energy Group shows that 11 billion barrels of oil and 36 billion barrels of oil equivalent (boe) gas in 119 discoveries >100 million boe in size made between 2008 and 2016 is currently stalled with no progression towards development…

U.S. Urges Turkey to Halt Controversial Seismic Activities in Mediterranean

Oct 14, 2020

The United States on Tuesday slammed Turkey's renewed push to send a vessel to carry out seismic surveys in the eastern Mediterranean, accusing Ankara of unilaterally stoking tensions and 'deliberately' complicating the resumption of talks with Greece…

Turkey Raises Size Estimate of Giant Black Sea Gas Find

Oct 19, 2020

Turkey has raised the estimated reserves in a gas field off its Black Sea coast to 405 billion cubic meters after finding an additional 85 billion cubic meters, President Tayyip Erdogan said on Saturday.Erdogan said in August the field contained 320 billion cubic meters of gas…

Stena Drilling Wins Drillship Work Offshore Israel

Oct 12, 2020

Offshore drilling company Stena Drilling has won a contract for its Stena Forth drillship in the Mediterranean Sea, offshore Israel.Stena Drilling said the contract was with Noble Energy Mediterranean Ltd, which is now a subsidiary of Chevron…

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