Republic
of Cyprus and Total
E&P Cyprus B.V. sign agreement for further exploration work for Block
11
The
Minister of Energy, Commerce, Industry and Tourism, Mr Yiorgos Lakkotrypis, and
the General Manager of Total E&P Cyprus B.V., Mr Jean-Luc Porcheron, signed
today, Wednesday 18 th of March 2015, an agreement regarding further
exploration works in the Exclusive Economic Zone of Cyprus, which Total will
undertake in order to further assess the prospectivity of Exploration Block
11.
Today’s
agreement is in the framework of the existing contractual relationship between
the Republic of Cyprus and Total E&P, with respect to Block 11.