Third Licensing Round: Game-Changing Possibilities

The programme in Oil & Gas Engineering, at the University of Nicosia, in collaboration with the Ministry of Energy (MECIT) and the Technical Chamber of Cyprus (ETEK) cordially invite you to a short-conference regarding Cyprus’ Third Licensing Round for Hydrocarbons.

Among else, the conference will examine joint operation agreements between states and companies, the geology of carbonate plays, the implications from the collapse in oil prices, the role of engineers in realizing energy projects as well as the prospects of discovering more gas in the Cypriot Exclusive Economic Zone (EEZ).

Mr. Lakkotrypis, Minister of Energy (MECIT) will deliver a keynote talk. Distinguished speakers from the oil & gas industry, who will speak at the conference, include Mr. Theo Kontou, Senior Engineer Consultant at Shell (Gabon), Mr. Roger Thorne, veteran of the petroleum industry as well as academics. The conference will be held on Thursday June 9th, 2016, at the UNESCO amphitheatre at the University of Nicosia. Attendance is free. The event will be delivered in English.


16:00-16:05: Opening Remarks, Prof. Constantinos Phellas, Vice-Rector for Faculty and Research, University οf Nicosia

16:05-16:10: Welcome Note, Cyprus Scientific and Technical Chamber (ETEK)

16:10-16:15: Welcome Note, Dr. George Gregoriou, Dean School of Sciences & Engineering, University of Nicosia

16:15-16:40: “The Low Oil Price Landscape and Eastern Med Energy Developments,” Dr Constantinos Hadjistassou, University of Nicosia

16:40-17:05: “Geology of Carbonate Reservoirs,” Dr Ernestos Sarris, University of Nicosia

17:05-17:45: “Topic to be announced,” HE Giorgos Lakkotrypis, Minister of Energy (MECIT), Republic of Cyprus

17:45-18:10: “Joint Operating Agreements– the Basis for Sharing Risk and Reward in Αn Upstream Joint Venture,” Mr. Roger Thorne, O&G Industry Veteran & Independent Consultant

18:10-18:35: “Engineer as Manager, Turning Ideas into Reality,” Mr. Theo Kontou, Senior Engineering Consultant, Shell (Gabon)



For more info and reservations please contact, via e-mail, Ms. Charis Iacovidou at <>. You can also download the event’s Flyer.