Cyprus’ On Offer Block 7

Total and Eni will likely add Block 7 to their acreage offshore Cyprus as the only firms to have expressed an interest after Nicosia put the block on offer last month. 

Nicosia placed the acreage on offer after the two firms expressed interest in taking the block following the January Calypso discovery in the adjacent Block 6, in which the two firms also cooperate(MEES, 16 February).  Calypso, a ‘Zohr-like’ play estimated at 6-8tcf for...