π Tender Overview
Scope:
Aphrodite gas field lies approximately 160km south of Limassol off the shore of the Republic of Cyprus in the Mediterranean Sea. The gas field is located 30km north-west of the Leviathan gas field in Block 12 of the Cypriot exclusive economic zone (EEZ) in roughly 1,700m of water. The owners of Block 12 are Noble Energy International (35%), BG Cyprus (35%), Delek Drilling Limited Partnership (15%) and Avner Oil Exploration Limited Partnership (15%). Aphrodite gas field is jointly owned by Delek Drilling (30%), Noble Energy (35%) and Shell (35%). A viable export option is currently being evaluated for the field due to the limited size of the domestic market. First gas from the field is expected after 2023 following the identification of a suitable export option. The Cypriot Government has signed an energy co-operation agreement with the Egyptian Government to examine the option of exporting gas from Aphrodite field to Egypt.A technical study was conducted by the Egyptian Natural Gas Holding Company and the Cyprus Hydrocarbons Company in 2015 to design a possible gas connecting route from the Aphrodite gas field to Egypt. The development of the Aphrodite gas field is expected to enable Cyprus achieve energy independence and help the country minimise air pollution, while strengthening businesses, employment opportunities and the overall economy of the country. The field development plan for the Aphrodite gas field has not been finalised, however the proposed plan comprises two phases.The first phase includes the drilling of up to five production wells in water depths of 1,700m. These wells will be drilled at different depths within the reservoir layers with the maximum drilling depth being 5,000m. A well head located on the seabed, approximately 3,000m above the reservoir, and a subsea pipeline will connect the production wells to a floating production storage and offloading unit (FPSO). The maximum production capacity in the first phase is expected to be around 800 million cubic feet per day (Mcfd). Scheduled for commissioning by 2026.
Other Owners:
2) Delek Drilling
19 Abba Eban Blvd.
POB 2054
Herzlia 4612001
Israel
Tel: +972 9 863 8444
Fax: +972 9 885 4955
https://www.delek-group.com/
3) Chevron Corporation
6001 Bollinger Canyon Road
San Ramon, CA 94583, USA
Tel: +1 925.842.1000
https://www.chevron.com/