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QatarEnergy signs energy exploration agreement with Cyprus

Qatar is pursuing energy deals with Cyprus against the wishes of its ally Turkey.
Cyprus dillship

Qatar’s state-owned oil company signed an offshore energy exploration agreement today with the government of the Republic of Cyprus.

A group of "comprising affiliates” of QatarEnergy along with US energy giant ExxonMobil signed the agreement with Cyprus. The deal pertains to energy exploration and production sharing in the Block 5 maritime area southwest of Cyprus in the Mediterranean Sea, the official Qatar News Agency reported.

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