Eni could move ship off Cyprus but will not pull out of project, CEO says

Italian oil major Eni will probably move a drilling ship that has been blocked by the Turkish navy off Cyprus but will not pull out of its project in the country, the group's CEO said on Thursday.

"It should be going to Morocco," Chief Executive Claudio Descalzi said during a company event near Milan, when asked what the next location of the ship could be. [Reuters]