The first discovery of natural gas in Cyprus Exclusive Economic Zone (EEZ) was made in 2011 in the offshore Block 12, gas field name “Aphrodite”. Since then, Cyprus strategic location in the East Mediterranean Sea and been in the crossroads of three continents (Europe, Africa, and Asia), makes it ideally suited not only as an important fuel hub and headquartering location, but also as an energy interconnection node, connecting the electricity grids of the Eastern Mediterranean and North Africa to those of Europe.

The global energy sector is undergoing dramatic change due to the impact of the Covid-19 pandemic and currently delaying exploration plans around the Eastern Mediterranean until 2021-2022, the interest remains strong for the potential, hydrocarbons of the region.

We provide legal assistance in a wide range of issues and transactions that may be required in the energy venture. That includes:

• Oil & Gas exploration, licensing, and regulation.

• Electricity production and distribution.

• Renewable energy resources matter.

• Climate change and environmental legal aspects.

• Commercial and Corporate advice on energy matters.

• Corporate Structuring.

• Shareholders Relationships.

• Mergers & Acquisitions.

• Financing.

• Commercial Contracts.

• Energy Taxation Issues.

• Dispute Resolution.

• Competition Matters in the Energy Law sector.