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Mar 2026
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> Natural Gas

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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

TOTAL to start drilling off Cyprus on July 14

Drilling is expected last for 50 days if no gas is discovered & 72 days if the drilling is successful

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