Egypt’s parliament this week passed a law approving the construction of a pipeline from Cyprus’ economic waters, clearing the path for the development of the Mediterranean island’s 4.2tcf December 2011 Aphrodite discovery.
MEES understands operator Noble Energy is close to concluding a deal with Nicosia to renegotiate the Aphrodite production sharing contract (MEES, 29 June 2018). (CONTINUED - 246 WORDS)