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Jan 2026
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> Natural Gas

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Floating gas terminal could be ideal for Cyprus

The world’s first FLNG vessel, known as PFLNG Satu, is positioned at the Kanowit gas-field off Sarawak is now operational

First stage of ‘Onisiforos’ drilling completed

The Onisiforos W-1 well is expected to be completed within 75 days approximately

Turkey and Israel prepare for gas pipeline deal

The move is considered to be a significant diplomatic manoeuvre by Ankara after the rapprochement deal last year

US recognise Cyprus’s right to drill in EEZ

Tensions high in regions after threats by Turkish President Erdogan against Cyprus and oil exploraion companies

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