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Glaucus and Pegasus Gas Fields Development

Sector: Natural Gas • Location: Cyprus

Source: CBN

Project
Commercial Discovery

Following the discoveries of the Glaucus and Pegasus gas fields in Cyprus' EEZ, which were declared commercial discoveries on March 30, 2026, ExxonMobil's presence in Cyprus' EEZ is a key pillar of the strategic partnership between Cyprus and the US. US companies such as SLB and Halliburton support offshore operations in the Eastern Mediterranean, reinforcing Cyprus' role as a regional energy serv

Status
Prospective
Sector
Natural Gas, Commercial
Location
Cyprus
Updated
22 Jul 2026
Source
CBN

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Project Information

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The project “Glaucus and Pegasus Gas Fields Development” is an infrastructure initiative in the Natural Gas sector, located in Cyprus. Taiyo aggregates data on it from CBN.

Participants

Not available for this record.

Status

Original status

commercial discovery

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

Following the discoveries of the Glaucus and Pegasus gas fields in Cyprus' EEZ, which were declared commercial discoveries on March 30, 2026, ExxonMobil's presence in Cyprus' EEZ is a key pillar of the strategic partnership between Cyprus and the US. US companies such as SLB and Halliburton support offshore operations in the Eastern Mediterranean, reinforcing Cyprus' role as a regional energy services hub.

Original sector

Energy

Location

Country

Cyprus

Source

Source

CBN

URL

More Details

Record type

Project

Sector

Natural Gas, Commercial

Article published date

2026-04-27

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