Exxon Mobil's (NYSE:XOM) exploration well off the coast of Cyprus has been deemed non-commercial in a blow to the country's effort to develop offshore gas resources, the Cyprus Energy Ministry said ...
ExxonMobil drilled a non-commercial well in Block 5 offshore Cyprus. The drillship will now move to the adjacent Block 10 to drill the Pegasus-1 exploration well. ExxonMobil Exploration and Production ...
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