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 Nicosia, Cyprus. Search thousands of homes in Nicosia including villas, houses, apartments, townhouses, offices, factories. Nicosia is the capital of Cyprus; the only remaining divided capital in the world. The Nicosia district combines its cultural heritage with the contemporary way of life. The capital is steeped in history with large Venetian walls encompassing a beautiful old city. There is also a museum containing many amazing artifacts dating back to a time long ago.
In the countryside you’ll encounter olive groves and various orchards leading up in to the renowned pine forest of the Machairas Mountains on top of which lies a centuries old monastery. From the monastery which is dedicated to the Virgin Mary and is one of the jewels of Cyprus, you can look down on to the picturesque valley with a brilliant view in all directions.
Traditional villages with cobbled streets are spread throughout the rural areas of the Nicosia district. The village of Fikardou, declared a national monument, was awarded the Europa Nostra award in 1987 and is a must-see if you are in the vicinity and want a strong taste of the Cyprus rural life.