Energy Minister Michalis Damianos on Friday confirmed the commercial viability of the ‘Pegasus’ deposit in block 10, a newly discovered offshore gas field. Speaking at a press conference, Damianos ...

Two gas fields located in Cyprus exclusive economic zone (EEZ) were on Tuesday declared “marketable” by multinational energy ...

ExxonMobil has revealed a few more intriguing details on its latest gas discovery offshore Cyprus, but has not yet offered an estimate of its size. The Pegasus-1 exploration well was drilled by the ...

The Pegasus system conditions field gas into consistent, high-quality fuel to be used in place of diesel for hydraulic fracturing fleets. Image by LonnyG via iStock Oilfield technology firm Pioneer ...