News

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

Offshore Technology·Apr 2·1 min read

Halliburton buys Sekal from Sumitomo to bolster drilling automation

Halliburton's acquisition of Sekal from Sumitomo strengthens its position in the drilling automation market. Sekal's technology will likely be integrated into Halliburton's existing drilling solutions

Cyprus Plans First Offshore Gas Production, Eyeing 2027 Start

Cyprus's Energy Minister Michalis Damianos has announced a firm target for the island nation to commence its first offshore natural gas production by late 2027.

Greek Reporter·Apr 2

US portrays offshore leasing and planning as ‘critical’ to historic oil output highs

The Bureau of Ocean Energy Management (BOEM) is emphasizing the importance of offshore leasing and planning in contributing to record oil production levels on t

Offshore Energy·Apr 2

Cyprus Chief Scientist holds EU talks on artificial intelligence, ocean policy and nuclear safety

Cyprus's Chief Scientist, Demetris Skourides, recently engaged with key European Union institutions and leadership, discussing critical future-oriented policy a

In-Cyprus·Apr 2

Eni Secures EIB Funding for New Italian Biorefinery

Eni has secured funding from the European Investment Bank (EIB) for a new biorefinery project in Italy. This marks Eni's second biorefining project supported by

Rigzone·Apr 2·ENI S.p.A.
Apr 2

StanChart Warns OPEC+ Could Abandon Cuts at Next Meeting

Apr 2

No ‘significant’ gas volumes in Black Sea exploration well

Apr 2

Trio picks up new production sharing contract in Peninsular Malaysia

Apr 2

Cyprus equality chief calls for women’s leadership in energy sector

Apr 2

Oil prices surge 7% as US maintains pressure on Iran

Apr 2

Iberdrola Kicks Off $16B Scottish Grid Upgrade

Apr 2

Oil Is in the Middle of a Geopolitical Knife Fight

Apr 2

Missile Hits Oil Tanker Leased to QatarEnergy

Apr 2

Eni signs $579m EIB loan for Sannazzaro biorefinery in Italy

Apr 2

TenneT, National Grid ink joint development agreement for LionLink interconnector