The ExxonMobil consortium is set to commence two new drilling operations within Cyprus' Exclusive Economic Zone (EEZ) during the first quarter of 2025. The news was confirmed by Energy Minister George Papanastasiou, who shared that one drilling will take place in the Glaucus block, while the other will target a new block.

This announcement follows prior reports, which anticipated increased activity in Cyprus’ EEZ involving Chevron and ExxonMobil. According to the Minister, the development and production plan for the Kronos field is expected by late 2024, with the corresponding plan for the Aphrodite field due by mid-January 2025.