News

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

Rigzone·Apr 23·1 min read

USA Crude Oil Stocks Rise Almost 2MM Barrels WoW

US crude oil inventories increased by nearly 2 million barrels week-over-week, according to the EIA's latest report. This increase suggests a potential softening in demand or an increase in production

Five European TSOs launch joint initiative on North Sea subsea cable infrastructure

Five European Transmission System Operators (TSOs) have launched a joint initiative focused on developing subsea cable infrastructure in the North Sea. This col

Offshore Energy·Apr 23

QatarEnergy and ExxonMobil’s $10B US project exports first LNG cargo

QatarEnergy and ExxonMobil have successfully initiated LNG exports from their substantial US-based project, marking a significant operational milestone just wee

Offshore Energy·Apr 23·ExxonMobilQatar Energy

Golden Pass LNG begins exports from Sabine Pass terminal

Golden Pass LNG has commenced LNG exports from its Sabine Pass, Texas terminal. This marks a significant milestone for the project and contributes to increased

Offshore Technology·Apr 23

Two US players merge into ‘premier integrated offshore services company’

Helix Energy Solutions and Hornbeck Offshore Services are merging to create a larger, integrated offshore services company. This consolidation aims to offer a b

Offshore Energy·Apr 23
Apr 23

Prospex wins Dunajec onshore licence in southern Poland

Apr 23

QatarEnergy, ExxonMobil Ship 1st Cargo from Texas LNG Project

Apr 23

Jan De Nul’s newbuild trencher bears name of 19th-century British engineer

Apr 23

Hormuz 'Reopening Optimism' Is 'Sliding Fast', Analyst Warns

Apr 23

BOEM issues environmental review for multi-well stimulation at Californian offshore platform

Apr 23

Santos Q1 Revenue Up YoY

Apr 23

Oil prices rise amid Strait of Hormuz restrictions and ceasefire delays

Apr 23

Dutch wave energy converter for ‘very small sea states’ begins testing

Apr 23

Firm selected to decommission wells at North Sea field inaugurated in 1975

Apr 23

HSBC Downgrades Indian Equities Again as Oil Shock Deepens