
Cyprus has invited bids to explore Block 7, which lies in the part of its exclusive economic zone (EEZ) claimed by Turkey. The move has drawn Ankara’s ire, but Turkish warships are unlikely to be deployed to the area again.
Block 7 lies adjacent to Block 6, where Eni made its Calypso 1 lean gas discovery in February. Cyprus’s cabinet decided to invite bids on Wednesday because of “very specific geological reasons” relating to the Calypso find.
Only companies that already hold licences to explore in Cyprus’s...
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