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

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Offshore Energy·Sep 4·1 min read

$2.1 billion Sea Lion project on track for first oil despite Falklands tensions

Independent operator Navitas Petroleum has reaffirmed its commitment to advancing the $2.1 billion Sea Lion offshore development toward first oil, brushing off renewed diplomatic frictions regarding t

Eni Finalizes Venezuelan Deal for 35Bbbl Field

Italian energy major Eni has entered into a quarter-century operating contract with Venezuela's Petróleos de Venezuela, S.A. to restart production at the Junin-

Rigzone·Sep 4·ENI S.p.A.

EnQuest Trims Losses

Independent upstream operator EnQuest demonstrated operational resilience during the first half of 2026 by significantly narrowing its net deficit to $24.83 mil

Rigzone·Sep 4

BP tasks Baker Hughes with production enhancement across UK North Sea assets

BP has awarded an integrated services contract to Baker Hughes aimed at delivering well intervention, new drilling support, and production enhancement solutions

Offshore Energy·Sep 4

Iran Says It's Found Ways to Dodge U.S. Oil Blockade

Tehran is actively developing alternative export pathways to circumvent tightened unilateral American oil sanctions, maintaining international crude flows despi

OilPrice·Sep 4
Sep 4

Bass Oil confirms new oil pay at Bunian 6 in Indonesia

Sep 4

MISC explores consortium role in potential Yinson privatization

Sep 4

Vaca Muerta Estimated to Hold 9B Barrels of Sub $55 Oil Resource

Sep 4

First US LNG cargo puts Equinor on course to double global portfolio by decade-end

Sep 4

Shell Completes Acquisition of Montney Major ARC

Sep 4

WATCH: 24-meter USV performs first fully remote project

Sep 4

Three-fold resource surge sharpens focus on Tetragon’s gas play offshore Philippines

Sep 4

ADNOC Keeps Loading LNG Tankers in Gulf

Sep 4

UK subsea contractor’s fleet grows with another SMD ROV

Sep 3

Iran Strikes Keep Oil Near $91