Noble Energy and its partners in the large Aphrodite discovery has officially declared the gas field off Cyprus commercial.

Noble Energy is closing in on declaring its Aphrodite gas discovery off Cyprus commercially viable, according to a report.

CVX and Cyprus engage in talks on the Aphrodite gas field, aiming to secure development without further delays.

The government rejected a plan submitted by a Chevron-led consortium to develop the Aphrodite gas field.