3 Areas for Drilling Open for Bids


NICOSIA — Cyprus has formally launched a third round for offshore gas drilling licenses, opening three areas off its southern coast to potential bidders.

Energy Minister Yiorgos Lakkotrypis said Thursday the geological make-up of the sea bed in those areas is similar to that where Italian energy firm Eni last year discovered in Egyptian waters what it said was the largest gas field every found in the Mediterranean sea.

The application deadline has been set for July 22nd.

U.S. company Noble Energy discovered a field around 100 miles (160 kilometers) south ofCyprus that’s estimated to contain more than four trillion cubic feet of gas.

France’s Total and Eni along with its South Korean partner KOGAS are also licensed to drill offCyprus.


GENEVA (AP) — Swiss federal prosecutors on Tuesday said they have indicted a former employee of oil trading company Gunvor over bribes paid to obtain access to the Republic of Congo's petroleum market more than a decade ago.

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A pregnant woman was driving in the HOV lane near Dallas.

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FALMOUTH, MA – The police in Falmouth have identified the victim in an accident involving a car plunging into the ocean on February 20, NBC10 Boston reported.


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