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After being granted the right to be the first Gulf nation engaged in oil exploitation in Eastern Mediterranean Sea, a consortium consisting of Qatar Energy and ExxonMobil has signed an agreement with Cyprus for energy exploration and production sharing in Block 5 in the southeast of the island, Qatari News Agency said on Friday, further intensifying tensions with strategic ally Turkey that has shown hostility to the Mediterranean island state since 2016 and had reached a warlike paroxysm in summer 2019.

Qatar energy and ExxonMobil sign Cyprus energy exploration deal

After being granted the right to be the first Gulf nation engaged in oil exploitation in Eastern Mediterranean Sea, a consortium consisting of Qatar Energy and ExxonMobil has signed an agreement with Cyprus for energy exploration and production sharing in Block 5 in the southeast of the island, Qatari News Agency said on Friday, further intensifying tensions with strategic ally Turkey that has shown hostility to the Mediterranean island state since 2016 and had reached a warlike paroxysm in summer 2019.

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