Cyprus government signs contract for Block 10 with ExxonMobil and Qatar Petroleum
He also referred to a successful 3rd licensing round, saying that “by exercising our sovereign rights, we believe we have clearly achieved the target set by the Government to attract oil and gas companies with extensive experience to operate in our EEZ”. FAMAGUSTA GAZETTE CYPRUS • Wednesday, 05 April, 2017 The contracts were signed in the presence of the Ministers of Energy, Foreign Affairs, Finance and Labour of the Republic of Cyprus. Before the signing of the contracts, the representatives of the consortium had a meeting with Cypriot President Nicos Anastasiades at the Presidential Palace in Nicosia. In his remarks at the signing ceremony, Minister of Energy Yiorgos Lakkotrypis welcomed the commitment by the ExxonMobil and Qatar Petroleum consortium, expressed in the morning to the President of the Republic, to the drilling of their first exploration well within 2018. He also referred to a successful 3rd licensing round, saying that "by exercising our sov...