News

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

Offshore Technology·Apr 17·1 min read

PMS to deliver EPCI for Phase 12 of WDDM project in Egypt

PMS has been awarded an EPCI (Engineering, Procurement, Construction, and Installation) contract for Phase 12 of the West Delta Deep Marine (WDDM) gas field development in Egypt, operated by Burullus

Petrobras enriches oil & gas arsenal with African offshore block

Petrobras has acquired a new offshore exploration block in São Tomé and Príncipe, expanding its international oil and gas exploration portfolio. This move signi

Offshore Energy·Apr 17

India Pays in Yuan for Iranian Oil Purchases Under U.S. Waiver

Indian refiners are reportedly using Chinese yuan to pay for Iranian oil purchases under the U.S. waiver, facilitated through ICICI Bank's Shanghai office. This

OilPrice·Apr 17

2021-built vessel opens ultra-deepwater market doors for Astro Offshore

Astro Offshore, an Adani Group company, has expanded its fleet with a new, 2021-built multipurpose support vessel (MPSV). This acquisition, the largest in Astro

Offshore Energy·Apr 17

US company granted offshore wind survey license in Vietnam

Pacifico Energy, a U.S.-based company, has been granted a site survey license for a 500 MW offshore wind project in Vietnam. This marks a significant step in Vi

Offshore Energy·Apr 17
Apr 17

A Ceasefire, a Blockade, and a Clock Running Out for Trump

Apr 17

Calcasieu Pass LNG Secures $1.75B Loan

Apr 17

Oil Prices Could Remain Under Pressure

Apr 17

Buru Gets New Funding Commitment for Rafael Gas Project

Apr 17

Repsol, PDVSA sign agreement to raise Petroquiriquire production

Apr 17

‘World’s first’: Methane removal system debuts at sea

Apr 17

Vessel brings over half a billion gallons of US LNG to Puerto Rico

Apr 17

Transocean wins $158m contract for Deepwater Asgard in Mediterranean

Apr 17

Gazprom Starts Up New Oil Project at Urengoy in West Siberia

Apr 17

TGS to support exploration activity in Equatorial Guinea with seismic data