×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Friday
06
Feb 2026
weather symbol
Athens 15°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by Cloudevo
> Economy

Israel’s NewMed Energy and partners begin drilling at Aphrodite gas field off Cyprus

Energy companies with stake in field, including Chevron and Shell, look to appraise well to confirm estimates on size and scope of the gas deposit

Newsroom May 9 04:30

Partners in the Aphrodite natural gas field, which include Israel’s NewMed Energy, announced on Sunday that they have started drilling an appraisal well at the field offshore Cyprus.

Israel’s NewMed Energy, formerly Delek Drilling (part of Yitzhak Tshuva’s Delek Group), which owns a 30% stake in the Aphrodite field said drilling the appraisal well is expected to take about three months. Other partners in the Aphrodite gas field, which holds an estimated 124 billion cubic meters of gas, are US energy giant Chevron and Shell, who each own a 35% share.

See Also:

>Related articles

Major explosion at a Mosque in Islamabad during Friday prayers: At least 15 dead, dozens injured

Anna Stratinaki resigns as Deputy Head of the Independent Market Authority due to her husband’s involvement in the Panagopoulos case

13.5% of prisoners in Japan are over 65, turning prisons into nursing homes

Cow shoes used by Moonshiners in the Prohibition days to disguise their footprints, 1924

Discovered in 2011, the Aphrodite natural gas field is located about 170 kilometers (some 105 miles) south of Limassol in Cyprus and 30 kilometers (some 18 miles) northwest of Israel’s Leviathan gas reservoir, one of the world’s largest deep-water gas discoveries. Earlier this year, partners in the Leviathan field — NewMed Energy, Chevron and Ratio Oil Corp — announced plans to to boost annual gas production and exports in 2025 to meet growing demand. Currently, a maximum capacity of up to 1.2 billion cubic feet of natural gas per day, or 12 billion cubic meters per year, is piped up from the Leviathan reservoir for the supply and sale of gas to Israel, Egypt, and Jordan.

Read more: Times of Israel

Ask me anything

Explore related questions

#cyprus#drilling#east Mediterranean#economy#energy#greece#israel#oil#sea#world
> More Economy

Follow en.protothema.gr on Google News and be the first to know all the news

See all the latest News from Greece and the World, the moment they happen, at en.protothema.gr

> Latest Stories

Major explosion at a Mosque in Islamabad during Friday prayers: At least 15 dead, dozens injured

February 6, 2026

Hellenic Revenue & post office scams: How fraudsters exploit forgotten tickets via SMS—Spot the red flags & protect yourself

February 6, 2026

Anna Stratinaki resigns as Deputy Head of the Independent Market Authority due to her husband’s involvement in the Panagopoulos case

February 6, 2026

Orestiada: High alert as Ardas and Evros rivers swell with rising water levels

February 6, 2026

Financial programmes for SMEs: Support and advisory guidance from the National Bank of Greece

February 6, 2026

Ships docked in Piraeus due to a strike; Rafina routes are operating normally

February 6, 2026

Didymoteicho: Suitable water in 7 settlements, unsuitable in 4; bottled water distribution continues

February 6, 2026

Cervical cancer: Australia’s remarkable progress toward eliminating the disease

February 6, 2026
All News

> World

Major explosion at a Mosque in Islamabad during Friday prayers: At least 15 dead, dozens injured

Fears are being expressed of an even higher number of victims, as there were many people inside and around the mosque

February 6, 2026

13.5% of prisoners in Japan are over 65, turning prisons into nursing homes

February 5, 2026

Cuba to the US: Yes to dialogue, but we will not discuss regime change

February 5, 2026

EU, Japan, and the US to sign memorandum on critical minerals next month, aiming to reduce dependence on China

February 5, 2026

Agreement signed between Ankara and Chevron: Joint oil and gas exploration to begin

February 5, 2026
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2026 Πρώτο Θέμα