All News Rigzone · April 10, 2026 (Apr 10) · 1 min read Aphrodite Group Initiates Prelim Deals for Sale of Cypriot Gas to Egypt Aphrodite Chevron Corporation Illustration: Aphrodite Read on Rigzone Share: More on Aphrodite Full profile: Aphrodite Aphrodite Group Secures MOU for Sale of Cypriot Gas to Egypt A pivotal commercial milestone has been achieved for Cyprus's inaugural offshore gas discovery through a trilateral memorandum of understanding between the Aphrodite consortium, the Cyprus Hydrocarbons Company (CHC), and the Egyptian Natural Gas Holding Company (EGAS). The framework formalizes intentions to transport 100 percent of the reservoir's production directly to Egypt via a subsea pipeline for domestic consumption and LNG re-export. This agreement marks critical alignment between Nicosia, Cairo, and upstream operators, establishing the primary export route required to transition the stranded deepwater asset toward a final investment decision. Rigzone · July 24, 2026 Chevron sees Cyprus as key to East Mediterranean energy Chevron has reaffirmed Cyprus's central role in its Eastern Mediterranean gas strategy, signaling renewed momentum for the long-delayed Aphrodite gas field. This development is highly significant as it indicates a stabilization of relations between the US supermajor and the Cypriot government after months of disputes over the field's development plan. By aligning Aphrodite's progression with regional infrastructure, Chevron aims to unlock synergies with its existing Israeli assets, potentially reshaping regional export dynamics. Cyprus Mail · June 16, 2026 Worley secures contract from Chevron for Aphrodite gas field FEED Offshore Technology · March 13, 2026 Worley to Deliver FEED, Procurement Services for Chevron’s Aphrodite Gas Field Offshore Engineer · March 13, 2026 Resource Estimates for Chevron's Aphrodite Raised Rigzone · March 9, 2026 Worley selected for engineering work on Chevron’s Cyprus gas field Splash247 · March 13, 2026 View all news → ← Previous Oil Prices Tumble as Traders Unwind Geopolitical Bets Next → Drillship comes to Africa for Türkiye’s first deepwater drilling foray abroad
