Cyprus is waiting for an official update on Monday after disappointing news from a major offshore drilling project. The drilling at the “Electra” target in block 5 of the island’s exclusive economic zone (EEZ) has not produced the expected results.
Energy Minister George Papanastasiou confirmed that the ExxonMobil and QatarEnergy consortium will provide an official statement by Monday, in response to a report suggesting that the drilling had not found
