Chevron close to completing concept for Aphrodite gas project offshore Cyprus

Offshore employees

NICOSIA, Cyprus — Chevron and Cyprus’ Ministry of Power, Commerce and Business of the Republic of Cyprus have affirmed their joint dedication to a viable improvement of the deepwater Aphrodite gasoline discovery offshore southern Cyprus.

The sector lies within the Republic’s Unique Financial Zone.

Clay Neff, president of Chevron Center East, Africa, South America Exploration and Manufacturing Co., up to date Power Minister Natasa Pilides and President of the Home of Representatives Annita Demetriou on the deliberate schedule.

This consists of drilling of a brand new properly within the subsequent few months, inside the general framework of the sphere’s permitted improvement and manufacturing plan.

Chevron is also working to optimize the event idea, via potential synergies with different amenities within the area. The finalized improvement idea ought to be offered to the vitality minister for approval by the top of the 12 months.

07.22.2022