EM
Offshore Cyprus Exploration (Pegasus-1)
Oil Gas
Type
Exploration
Status
Cyprus, Offshore Cyprus
Country
Project information
As at 31 December 2025
Aggregation level:
Asset
Aggregation level:
Asset
Report standard:
Sec S K 1200
Report standard:
Sec S K 1200
Ownership %:
100
Ownership %:
100
Operator:
Yes
Operator:
Yes
Extraction:
Offshore
Extraction:
Offshore
Description
As at 31 December 2025
The Pegasus-1 exploratory well was drilled offshore Cyprus in 2025 and encountered a gas-bearing reservoir. Evaluations are ongoing to develop potential commercialization options.
Oil & Gas metrics
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