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Tuesday
16
Dec 2025
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Drilling in Crete by ExxonMobil: Geopolitical developments & economic data

ExxonMobil has intensified contacts with the Greek government to ensure the smooth implementation of the program

The Court of Appeals in Tripoli annulled the Turkish-Libyan memorandum on joint exploration in the waters of Libya

It will now be extremely difficult for the Debayba government to proceed with initiating exploration in collaboration with the Turkish company TRAO

The new natural gas reservoir Cronos 2 in Cyprus is considered of exceptional quality & exploitable

Cronos represents the third discovery of a natural gas reservoir in Block 6 of the Cypriot EEZ, along with Calypso (2018) and Zeus (2022)

Egypt “cancels” the Turkish-Libyan memorandum by demarcating sea borders with Libya

Al-Sisi signs presidential decree on Egypt's westward maritime border with Libya

New Greek Navtex expands ExxonMobil’s seismic surveys south of Crete

The new navtex is for the Sanco Swift vessel carrying 12km of cables

European Parliament resolution demands the annulment of the Turkish-Libyan memorandum

It also demands the withdrawal of foreign forces from Libya

Greek-Libya maritime agreement would end Turkey’s dream – Analysis

The Turkey-Libya MoU “did not receive any recognition, it is illegitimate, and is not based on the foundations of international law”

Seismic surveys in Crete & Peloponnese – A NAVTEX was issued for the ship “Sanco Swift”

The NAVTEX is valid from today until further notice

The Libyan Parliament rejects the agreement with Turkey

It is recalled that the Libyan Parliament, the only elected body in the country, has withdrawn its confidence from the government

More Turkish provocations: While everyone was dealing with the pandemic, we turned Hagia Sophia into a mosque & opened Varosia! (video)

The Turkish Interior Minister acknowledges that while the world was dealing with the pandemic, Ankara was promoting its provocative plans

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