Qatar to join energy exploration in Eastern Mediterranean

Qatari oil and gas company, Qatar Energy, becomes the first energy company from the Gulf region that has been granted the rights to explore oil and gas in Cyprus’ offshore in the Eastern Mediterranean. Block 5 lies adjacent to block 10, which ExxonMobil and Qatar Energy also hold the exploration rights for. However, Turkey slammed Cyprus for violating its continental shelf by awarding an exploration license in the Mediterranean to ExxonMobil and Qatar Energy, adding it will not allow unauthorized exploration in its jurisdiction.