Drilling ship arrives off Cyprus for ENI - KATHIMERINI

27.12.2017 13:28

Drilling ship Saipem 12000 entered the Cypriot exclusive economic zone on Tuesday evening to start operating in the next few days for Italy’s ENI.

The vessel will anchor at the “Kalypso” field of the zone’s Block 6, to begin exploratory drilling for hydrocarbons in the next few days.

The drilling process is expected to last for about a month, followed by another drilling for ENI at the “Soupia” (i.e. Cuttlefish) field of Block 3.

ENI chief executive officer Claudio Descalzi stated last month that his company is very optimistic about the area’s natural gas prospects, which is why it has invested 150 million euros in it.

ENI announces exploratory drills in next couple of months (updated) - CYPRUS MAIL

NOVEMBER 24, 2017

George Psyllides

Italian energy firm ENI is planning two exploratory drills for natural gas in the island’s exclusive economic zone in the next couple of months, officials said on Friday.

The announcement was made by Energy Minister Giorgos Lakkotrypis and ENI CEO Claudio Descalzi after a meeting with the president.

The first drill will take place in a field in block six named Kalypso in December, followed by a one in Cuttlefish, in block three in January.


“We have agreed on the drilling only nine months after licensing and this is record time,” Descalzi said.

Asked if he was optimistic, the CEO said his company was investing €150m and that meant it believed in the prospect and the geology of Cyprus.

“We are optimistic, we are present, and we are investing a lot,” he said.