ExxonMobil’s discovery of a natural gas reservoir at the Glaucos well in plot 10 of Cyprus’ EEZ has an estimated value of between $30b and $40b and could generate enough electricity to cover Cyprus’ needs for the next 200 years, Phileleftheros reported on
Greek investors are very keen to invest in the Cyprus economy and are eyeing opportunities in excess of half a billion euros.
Informed sources told INSIDER that two big Athens-based construction companies – have joined forces and are close to signing t
A sufficiently large and commercially viable oil reservoir has been discovered in Cyprus’s Block 10 Glaucus target, according to Kathimerini sources.
Official results from Exxonmobil are not expected until the end of next week. The information comes
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Limassol's historical centre is located around its medieval castle and the old port. Today the city spreads along the Mediterranean coast and has extended much farther than the castle and port, with its suburbs stretching along the coast to Amathus. Limassol is the second largest town in Cyprus after the capital Nicosia.
The medieval Castle of Limassol houses the medieval collection of the Cyprus Museum since 1987. Although there existed earlier architectural phases of an older and larger structure, the present edifice dates to the period of Ottoman rule.
The castle is one of the ten castles of Cyprus. The Agia Napa church was built towards the end of the 19th century and early 20th century, replacing an older 18th century church. It is dedicated to the Virgin Maria. What is today known as the Limassol Old Port used to be the main port of Limassol.