Egypt Locks In Full Supply From Cyprus’ Aphrodite Gas Field
Egypt has secured a long-term commitment to purchase the entire future gas output from Cyprus' Aphrodite field, signaling a strategic move to bolster its energy security. This agreement underscores Cairo's intent to maintain its position as a regional gas processing and LNG export hub amidst rising domestic demand. For Cyprus, it provides critical market certainty for the long-awaited development of its flagship offshore asset.
Greek Reporter · April 10, 2026
Chevron finds oil at Gulf of Mexico’s Bandit prospect
Chevron has announced an oil discovery at the Bandit prospect in the Gulf of Mexico. This discovery highlights the continued potential for new oil finds in the Gulf of Mexico, despite its mature status, and reinforces Chevron's commitment to deepwater exploration and production.
Offshore Technology · April 10, 2026