ExxonMobil Says Big Oil Field Found Off Cyprus

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ExxonMobil Says Big Oil Field Found Off Cyprus
 © The National Herald 2019
In what could be a geopolitical game changer for divided Cyprus, US energy giant ExxonMobil said it has discovered a large and commercially viable oil reservoir in an area off the island where it has been licensed to look for oil and gas.

It was the second target in Block 10 named Glaucus-1, according to Kathimerini Cyprus sources with knowledge of the matter who were not identified but official results from the company are not expected until the end of next week.

The news of the discovery follows uncertain indications over natural gas deposits in an earlier...


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ExxonMobil Says Big Oil Field Found Off Cyprus


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Article Tags: exxonmobil, field, found, cyprus,

 

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