News

Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.

Offshore Energy·Jun 1·1 min read

Frontera cinches LNG contract with Ecopetrol to underwrite FSRU lease

Canadian energy firm Frontera Energy Corporation has executed a strategic pivot away from traditional upstream exploration and production to become a dedicated energy infrastructure player. By securin

SBM Offshore and Petrobras seal FPSO pair deal for $12-billion oil & gas duo

Brazilian state-controlled operator Petrobras has formalized charter and service agreements with Dutch offshore specialist SBM Offshore for two floating product

Offshore Energy·Jun 1

TGS wins ‘large and high-end’ 4D streamer contract in Angola

Norwegian seismic acquisition specialist TGS has secured a significant 4D ocean bottom streamer survey contract offshore Angola, targeting mature producing deep

Offshore Energy·Jun 1

French Navy Seizes Russia-Linked Tanker in the Atlantic

French naval forces have intercepted and seized the Russia-linked oil tanker 'Tagor' in the Atlantic Ocean due to international sanctions violations. This enfor

OilPrice·Jun 1

Rig market consolidation continues with Vantage Drilling-Eldorado merger

Offshore drilling contractors Vantage Drilling and Norwegian investor-backed Eldorado Drilling have agreed to merge, continuing a broader wave of structural con

Offshore Energy·Jun 1
Jun 1

Danish Shipyard Remains Key Lifeline for Russia’s Yamal LNG Fleet

Jun 1

Fresh Clashes as Iran, US Trade Truce Terms

Jun 1

Early works starting for project that will link Western Isles to UK transmission network

Jun 1

Dutch LNG terminal eyes 2036 horizon as Gasunie, Vopak back conditional lifeline extension

Jun 1

Oil Prices Rise as Israel Expands Lebanon Offensive and U.S. Strikes Iran

Jun 1

Key equipment for second Malta-Italy link ready for its final destination

Jun 1

Goldman Sachs Sees Oil Demand Destruction Offsetting Supply Shock Risks

Jun 1

Greece is poised to become energy gateway for southeast Europe and the East Med

May 31

The Iran War’s First 90 Days Upended Energy Markets

May 31

Mitsui Eyes LNG Expansion as Data Centers Drive Power Demand