News

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

Rigzone·Apr 22·1 min read

Saipem Posts Stable Q1 Profit

Saipem reported a net income of approximately $92 million for Q1, a slight increase of 1.3% compared to the same period last year. This growth was driven by improvements in both onshore and offshore e

Ukraine set to resume Druzhba oil flows after pipeline repairs

Ukraine is set to resume oil deliveries through the Druzhba pipeline on April 22nd following the completion of repairs, as announced by President Zelenskiy. The

Offshore Technology·Apr 22

Saipem secures $150m contract for Longtail project in Guyana

Saipem has been awarded a Limited Notice to Proceed (LNTP) worth approximately $150 million by ExxonMobil Guyana for work on the Longtail project. This award si

Offshore Technology·Apr 22·ExxonMobil

EnerMech takes on topside process duty on UKCS

EnerMech, an Aberdeen-based integrated solutions specialist, has secured a contract for topside process duties on the UK Continental Shelf (UKCS). This win sign

Offshore Energy·Apr 22

Norway Monthly Gas Production Falls

Norway's natural gas production decreased in March, both compared to the previous month and the same period last year. This decline in production from a major E

Rigzone·Apr 22
Apr 22

Two deals for ultra-deepwater drillships add $260M to Seadrill’s backlog

Apr 22

Strategists Project USA Crude Inventory Build

Apr 22

Bourbon’s fleet stronger for 13 vessels

Apr 22

Oil prices drop as US signals continued Iran ceasefire talks

Apr 22

Norway: Dry well in license awarded in 1985

Apr 22

UK NSTA Looking for New CFO

Apr 22

Geelong Refinery to Restore 90 Pct of Transport Fuel Production in Weeks

Apr 22

Moving beyond snap-back in deepwater lifting

Apr 22

GasEntec to supply LNG regasification unit for Dakar terminal

Apr 22

Valeura charters Shelf Drilling’s 19-year-old rig