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
Property for sale in LIMASSOL, Cyprus. Search thousands of homes in LIMASSOL including villas, houses, apartments, townhouses, offices, factories.
Limassol or Lemesos as pronounced in Greek is the second largest city in Cyprus and the most southern of Europe. It is also considered as one of the most attractive cities of the island. Its population is about 100,952 residents within the municipality borders and about 180 thousand in the surrounding rural areas. Limassol is well known for its rich night life as well as the largest port in the Middle East.
Property for sale in LIMASSOL (also known as Lemesos) is a shoreline city that sweeps along a broad stretch of beach. This is the cosmopolitan hub of Cyprus, effortlessly blending sophisticated modernisation with its ancient past. Hip restaurants and cafés cluster around the restored old town center, while a busy port nearby is soon to be balanced with an ultra snazzy new marina set to open within the next couple of years.
Perfectly placed to explore the beaches of the Akrotiri Peninsula, as well as the drop-dead gorgeous mountain villages that tumble down the lower slopes of the Mandaria region and snuggle within the Troodos Massif (Troodos Mountains) and Ancient Kourion (Cyprus' number one archaeological site), Limassol is a great base for travelers who want to temper the sandy beach-bum fun with swags of culture.