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The Legal 500 Hall of Fame Icon The Legal 500 Hall of Fame highlights individuals who have received constant praise by their clients for continued excellence. The Hall of Fame highlights, to clients, the law firm partners who are at the pinnacle of the profession. In Europe, Middle East and Africa, the criteria for entry is to have been recognised by The Legal 500 as one of the elite leading lawyers for seven consecutive years. These partners are highlighted below and throughout the editorial.
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Cyprus > Legal Developments > Projects, Energy & Natural Resources > Law firm and leading lawyer rankings

Editorial

Press releases and law firm thought leadership

This page is dedicated to keeping readers informed of the latest news and thought leadership articles from law firms across the globe.

If your firm wishes to publish press releases or articles, please contact Shehab Khurshid on +44 (0) 207 396 5689 or shehab.khurshid@legalease.co.uk

 

Supporting local and international charitable organizations

As one of the leading law firms in Cyprus, we are active promoters and supporters of local economic growth by sponsoring local events, applying environmental-friendly practices, minimizing our ecological impact, and most importantly, by raising money for local charities and non-profit organizations.

ITALY, FRANCE, RUSSIA AND SOUTH KOREA JOIN ENERGY SEARCH

Cyprus approved licenses for exploratory drilling to exploit offshore oil and gas deposits in four blocks off its shore. Drilling permits were approved for blocks 2,3,9 and 11. Those interested in searching for hydrocarbons within Cyprus’ exclusive economic zone are Russia, France, Italy and South Korea.

Offshore Cyprus Hydrocarbons Exploration-Notice for Second Licensing Round

The Republic of Cyprus issued an invitation to all interested persons to apply for hydrocarbon exploration licenses and subsequent hydrocarbon exploitation licenses in respect of certain acreage in the Exclusive Economic Zone of Cyprus.

Invitation for expression of interest in Cyprus Oil & Gas Exploration Rights

On Saturday, February 11th 2012, the Official Gazette of the European Community published Notice 2012/C 38/10 of the Republic of Cyprus, regarding the conditions for the granting and the use of Licenses for the prospection, exploration and production of hydrocarbons.

Natural Gas Reserves – 2nd Licensing Round

The authorities have revealed yesterday that the 2nd licensing round for the exploration and exploitation of the remaining 12 Blocks in Cyprus’ EEZ is expected to be published in the Official Journal of the European Union on Monday 13 of February 2012.

Ratification of the Framework Agreement between Cyprus and Egypt

The House of Representatives has ratified on January 27 of 2012 the Framework Agreement between the Republic of Cyprus and the Arab Republic of Egypt relating to the development of cross-median line hydrocarbon resources signed in 2006.

The Cyprus Energy Forum

Lorena Charalambous, an advocate of the firm, attended the Cyprus Energy Forum which took place at the Hilton Park Hotel, Nicosia, on the 8th of December 2011.

HYDROCARBONS IN CYPRUS; Drilling for natural gas reserves

In 2007, a new Hydrocarbons (Prospection, Exploration and Exploitation) Law was brought into effect, to fully incorporate into Cyprus Law the provisions of EC Directive 94/22/EC on the conditions for granting and using authorizations for the prospection, exploration and production of hydrocarbons.

Cyprus Parliament unanimously ratified an agreement between Cyprus and Israel

On 18/02/2011, the Cyprus Parliament unanimously ratified an agreement between Cyprus and Israel that defines the sea borders ("Exclusive Economic Zone" - "EEZ") of the two states and allows for the initiation of the exploration process for oil and gas in the Eastern Mediterranean.

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