CYPRUS HYDROCARBONS COMPANY

Unlocking cleaner energy for Europe and the region.

About Us

The Cyprus Hydrocarbons Company (CHC) is the National Oil and Gas Company of Cyprus. It was established in its present form in March 2014. As a state-owned company, CHC is responsible for the commercial management of the upstream hydrocarbon ownership rights of the Republic of Cyprus that arise from the Production Sharing Contracts (PSCs) and will manage any commercial participation by the Republic of Cyprus in midstream infrastructure projects such as land-based LNG or pipelines.

Activities

Recent Oil & Gas activities in the Eastern Mediterranean have revealed the possibility of significant natural gas reserves in the area and also within Cyprus EEZ. Cyprus is in the process of fully exploiting its natural gas potential and contributing to regional and European cleaner energy sources and to energy security.

Sustainability

CHC will achieve sustainable success by conducting its business based on clear values and behaviours which form both the content of its policies and the culture of its workforce. Cypriot natural gas resources will have a key role to play in the regional and European transition to cleaner energy sources, and CHC will be focused on ensuring these resources are developed in the most sustainable way.

Latest News

EMGF formally established with signing of Charter

EMGF formally established with signing of Charter

The founding countries of the East Mediterranean Gas Forum (EMGF), Cyprus, Egypt, Greece, Israel, Italy, Jordan and Palestine have signed a charter on September 22 to become an established international organization contributing to the development of natural gas...

Chevron to acquire Noble Energy

Chevron to acquire Noble Energy

CHEVRON has entered into a definitive agreement to acquire independent energy company Noble Energy for an overall transaction value of US$13bn. The company will enhance its portfolio in US onshore and internationally.  International assets Chevron will acquire include...