Egypt to buy all Aphrodite gas output from Cyprus
Egypt has formally committed to purchasing the entire gas output from Cyprus's Aphrodite offshore field once it commences production. This significant development, confirmed by project stakeholder Newmed Energy, provides a crucial commercial pathway for the long-stalled Cypriot gas discovery, solidifying its export destination.
Cyprus Mail · April 9, 2026
Third Northern Lights LCO2 carrier blessed, now preparing for service
The Northern Lights project, a key initiative for carbon capture and storage (CCS), has received its third LCO2 carrier, the Northern Phoenix. This vessel is now preparing for service, marking a significant step towards operationalizing large-scale CO2 transportation and storage infrastructure.
Offshore Energy · April 9, 2026