US oil company ExxonMobil has signed an agreement to start drilling off the southern coast of Cyprus, pictured in 2015, as Cyprus looks to exploit more of its oil and natural gas resources
US giant ExxonMobil said Wednesday it plans to start drilling at two sites in the second half of 2018 to explore for energy reserves off the south coast of Cyprus.
Preparations to support the drilling operations are already underway, the company´s vice president Tristan Aspray said at a presentation in Nicosia.
He said the operations would take place back-to-back and begin in the second half of 2018.
US giant ExxonMobil said Wednesday it plans to start drilling at two sites in the second half of 2018 to explore for energy reserves off the south coast of Cyprus.
Preparations to support the drilling operations are already underway, the company´s vice president Tristan Aspray said at a presentation in Nicosia.
He said the operations would take place back-to-back and begin in the second half of 2018.
