A new drilling campaign has begun offshore Cyprus, much to Turkey’s chagrin.

Italian firm Eni on 1 January spudded the first of two exploration wells it plans to drill offshore Cyprus this year.

It kicked off drilling the Calypso gas prospect on Block 6 using the Saipem 12000 drillship despite threats from Turkey which claims that part of Eni’s acreage lies within its exclusive economic zone.

Though the acreage, around 150km from the southwest tip of Cyprus, is much further...