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AGP Executive Report

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Energy & Offshore Gas: Eni has awarded Halliburton a bundled well construction and completions contract for the Cronos ultra-deepwater project in Block 6 of Cyprus’ EEZ, covering drilling fluids, automation/remote operations, cementing and testing, with gas routed via Egypt for LNG export. Power Infrastructure: MPs visited the Vasiliko LNG site and demanded a clear completion timetable after stalled works; Defa/ETyfa also gave firms an extra month to submit binding offers for remaining tasks. Energy Security & Regional Projects: President Christodoulides said Cyprus will pay €25m for the Great Sea Interconnector once a Navtex is issued for seismic surveys, stressing no friction with Athens. Public Works & Industry: The justice ministry dropped the Mathiatis central prison plan in favour of a state-owned plot in Ayios Sozomenos, citing lower cost and faster delivery. Workplace Safety: A fatal Peyia construction accident involved a concrete boom pump contacting 11kV overhead cables; a second serious incident in Nicosia is also under investigation. Shipping & Finance: OCI N.V. faces an NNS cash offer for all shares; OCI published its position statement and called an EGM for 30 October, alongside votes on a proposed OCI-Orascom strategic combination. Trade & Jobs: Cyprus wholesale trade turnover rose 17.8% in Q2 2026, while euro area job vacancies eased to 2.1% and Cyprus saw a notable year-on-year vacancy drop. Tourism & Hospitality: ETAP Larnaca joins an EU SAFEHOST project to help hotels prevent and respond to gender-based violence. Labour & Services: Cyprus beaches may be left without lifeguards on Thursday due to a nationwide strike by hourly-paid workers. Shipping Community Giving: The Cyprus Shipping Chamber’s charity beach volleyball event raised over €300,000 for One Dream, One Wish.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.

AGP Wire

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Sep. 15, 2026

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Sep. 15, 2026

CyprusBusiness.com Launches Digital Platform for Business, Residency, Real Estate and Investment Information in Cyprus

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Sep. 15, 2026

Robin Energy Ltd. Announces Results of its 2026 Annual General Meeting of Shareholders

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FXBO Partners with Overchain to Deliver Regulated Stablecoin Settlement for Forex Brokers

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Chinese Ambassador to Cyprus Yang Yundong Visits DIAS Media Group

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Houston Energy & Climate Week Proceeds Fund First Community Grant Round

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