The August 2015 discovery of the 23 tcf Zohr field by Italian firm Eni just 5km from Cyprus’ Exclusive Economic Zone has spurred Nicosia into announcing a third bid round for acreage believed to possess similar geology to the giant field.

Eni, which operates Blocks 2, 3 and 9 in Cyprus’ offshore, may take interest in a new bid round announced by Nicosia on 24 March in the Official Journal of the European Union. Three deepwater offshore blocks – Blocks 6, 8 and 10 (see map)...