News

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

Offshore Energy·May 5·1 min read

Shell and Kosmos put US Gulf hydrocarbon prospect on their 2027 drilling agenda

Shell and Kosmos Energy are planning to drill a hydrocarbon prospect in the U.S. Gulf of Mexico in 2027. This indicates continued investment in offshore exploration and production in the region, despi

Saipem’s Castoro 10 starts pipelaying on Romania’s €4 billion natural gas project

Saipem's Castoro 10 has commenced pipelaying operations for a €4 billion natural gas project in Romania. This marks a significant step forward in the developmen

Offshore Energy·May 5

Uniper Gets Preliminary Approval for Hesse CCGT Plant

Uniper has received preliminary approval for a new hydrogen-ready combined cycle gas turbine (CCGT) plant in Hesse, Germany. The plant, with a capacity of up to

Rigzone·May 5

Equinor extends NCS contracts worth $1.83bn

Equinor has extended contracts on the Norwegian Continental Shelf (NCS) worth $1.83 billion, signaling continued investment and activity in the region. This ext

Offshore Technology·May 5

Nigeria Partners with Chinese Firms to Revive Refineries

Nigeria is partnering with Chinese firms to rehabilitate and expand its existing refineries, aiming to boost domestic fuel production and reduce reliance on imp

Rigzone·May 5
May 5

GlobalData Identifies 'Top' Oil, Gas Themes for 2026

May 5

Aker Solutions on FEED duty for North Sea gas condensate discovery

May 5

‘Substantial’ contract prolongs DOF vessel’s stay in Asia Pacific

May 5

North Sea field’s start-up augments Europe’s gas arsenal 48-years after discovery

May 5

California Gas Prices Surge Past $6 Amid Oil Supply Crunch

May 5

Iranian strikes hit VTTI oil terminal in Fujairah, UAE

May 5

Helix Energy Solutions drops shallow water business in shift toward deeper waters

May 5

India Condemns Iran Attack on Fujairah as Oil Prices Surge

May 5

Solstad CSV picked by Reach Subsea for Mediterranean and Black Sea