An exploration drill by ExxonMobil offshore Cyprus has failed to find commercial quantities of natural gas, the island's ...

The drilling was carried out by a consortium led by ExxonMobil Exploration and Production Cyprus, with QatarEnergy International E&P LLC as partner. While the well did confirm the presence of a ...

Exxon Mobil Corporation XOM, the U.S. oil and gas giant, has failed to find commercially feasible natural gas reserves at an exploratory well, namely Elektra-1, which was drilled offshore Cyprus ...

Exxon Mobil's (NYSE:XOM) exploration well off the coast of Cyprus has been deemed non-commercial in a blow to the country's effort to develop offshore gas resources, the Cyprus Energy Ministry ...

ExxonMobil's Elektra exploration well off the coast of Cyprus has been deemed uncommercial in a blow to the country's bid to develop offshore gas resources, the Cyprus Energy Ministry said on Monday.

ExxonMobil drilled a non-commercial well in Block 5 offshore Cyprus. The drillship will now move to the adjacent Block 10 to drill the Pegasus-1 exploration well. ExxonMobil Exploration and ...

April 14, 2025 ExxonMobil drill off Cyprus fails to find gas in commercial amounts-Ministry An exploration drill by ExxonMobil offshore Cyprus has failed to find commercial quantities of natural ...

An exploration drill by ExxonMobil offshore Cyprus has failed to find commercial quantities of natural gas, the island's energy ministry said on Monday. Drilling operations had been completed at ...

The drilling operations at the Electra prospect were conducted by a consortium comprising ExxonMobil Exploration and Production Cyprus, and QatarEnergy International E&P LLC, with the former ...