Significant progression in East Med gas resources development to culminate in Cyprus energy summit

Recent upheavals in global energy security and stability have led to increased urgency in the procurement of alternatives, with the European Union in particular seeking new opportunities to replace Russian energy supply. One of the most attractive of these alternatives is eastern Mediterranean hydrocarbons basins which potentially offer stable, reliable – and vast – new supplies located within close proximity to member states.

Accordingly, Cyprus will be hosting a major gathering of regional and international energy professionals to accelerate the opportunities for energy projects development in the region. The Eastern Mediterranean Conference & Exhibition (EMC) is set to make its highly anticipated return this November 28th to 30th, in the picturesque city of Limassol, Cyprus. This landmark event is poised to unite global energy leaders, industry experts, and forward-thinking companies under one roof, offering a unique platform for knowledge exchange, collaboration, and innovation.

EMC 2023 has garnered immense support and recognition, fully endorsed by the Cyprus Ministry of Energy, Commerce & Industry, who understands the pivotal role of EMC in shaping the future of the energy sector, and with Cyprus Hydrocarbons Company (CHC) proudly serving as the national host, solidifying the event’s significance on a national scale.

Minister for Energy, Commerce & Industry the Hon. George Papanastasiou said: “This event will serve as a catalyst for dialogue, innovation, and investment; bringing together industry leaders, governments, experts and entrepreneurs from across the world. It will provide an exceptional platform to explore the immense potential of the Eastern Mediterranean energy resources and showcase Cyprus as a gateway to a prosperous energy future.”

The event has already confirmed significant leadership to both participate and speak on the strategic agenda, with key international organisations including Eni, TotalEnergies, ExxonMobil, Chevron, Shell, Energean, New Med Energy, Saipem, Baker Hughes, TechnipFMC confirmed, and dozens more companies also involved.

Chair of the Advisory Board of EMC 2023, Prof. Toula Onoufriou, President of CHC and Head of EMERGE CoE, Cyprus University of Technology commented;

“EMC 2023 builds on the inaugural and very successful EMC 2021 conference and exhibition, and is destined to be the flagship energy event in Cyprus and one of the leading energy events regionally and globally. As hosts of EMC 2023, the Cyprus Hydrocarbons Company looks forward to welcoming all the regional and global energy professionals and their organisations.”

With more than 4,000 industry attendees expected to attend, representing all elements of the energy value chain with global leaders in the fields of exploration & production, offshore engineering & services, shipping & storage, research & analysis, project financing, and policymakers – EMC 2023 is anticipated to catalyse and propel the development of the region’s energy resources forwards.