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

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Offshore Technology·Apr 13·1 min read

Türkiye launches first overseas deep-sea drilling mission off Somalia

Türkiye has commenced its inaugural overseas deep-sea drilling operation off the coast of Somalia, utilizing the Cagri Bey vessel. This marks a significant expansion of Türkiye's exploration activitie

Eni Invests $70MM in Canadian Battery Feedstock Project

Eni has invested $70 million in Nouveau Monde Graphite's (NMG) Matawinie Mine project in Canada and plans to purchase 15,000 tpa of graphite concentrate. This i

Rigzone·Apr 13·ENI S.p.A.

Petrobras strikes fresh deepwater hydrocarbon discovery in Brazil

Petrobras has announced a new hydrocarbon discovery in the pre-salt Campos Basin offshore Brazil. This discovery reinforces Brazil's position as a significant d

Offshore Energy·Apr 13

Geotechnical investigations coming up at 1 GW Bowdun offshore wind site

Geoquip Marine Operations and GEO Denmark will conduct geotechnical investigations at the 1 GW Bowdun offshore wind site. These investigations are crucial for a

Offshore Energy·Apr 13

Deal positions Hong Kong firm as bridge for China’s green methanol exports

Venture Energy Limited, a Hong Kong-based clean fuels trading company, is positioning itself as a key facilitator for China's green methanol exports. This devel

Offshore Energy·Apr 13
Apr 13

ABL lines up rig moving gig with Egyptian player

Apr 13

US Navy blockade pushes oil above $100/bbl

Apr 13

Venture Global closes $1.75bn term loan B for Calcasieu Pass

Apr 13

LNG Shock Hits Asia as War Disrupts Gulf Exports and Prices Soar

Apr 13

FPSO goes back into operation mode in Eastern Mediterranean

Apr 13

BP's Delaney Proposed to Succeed Stern as OMV CEO

Apr 13

Borr Drilling anticipates step-up in rig contracting game

Apr 13

Saudi resumes full 7mbbl/d capacity on East-West pipeline

Apr 13

30-meter steel suction wing system for oceangoing vessels comes to market

Apr 13

First Iranian Tankers Reach India Since 2019 Sanctions Cutoff