News

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

Offshore Energy·Apr 2·1 min read

Borr Drilling’s rig quartet lines up work in four corners of the world

Borr Drilling has secured new contracts for four of its premium jack-up rigs across Africa, Asia, Europe, and the Americas. This geographically diverse set of contracts indicates strong demand for jac

DroneQ Robotics gets exclusive rights to use 2014-built research vessel

DroneQ Robotics, a Dutch company specializing in unmanned robotics, has secured exclusive rights to utilize a 2014-built research vessel. This agreement likely

Offshore Energy·Apr 2

Subsea7 wins contract for Aseng gas monetisation project

Subsea7 has been awarded a contract by Noble Energy EG (a Chevron subsidiary) for subsea installation work related to the Aseng gas monetisation project offshor

Offshore Technology·Apr 2·Chevron Corporation

WTI Jumps 51% in a Month on Iran War Supply Shock

West Texas Intermediate (WTI) crude oil prices have surged by 51% in the past month, exceeding $100 per barrel. This increase is attributed to President Trump's

OilPrice·Apr 2

Venezuela Oil Exports Top 1 Million Bpd in March

Venezuela's oil exports surpassed 1 million barrels per day (bpd) in March, marking the first time this threshold has been reached in six months. This increase

OilPrice·Apr 2
Apr 2

Golden Pass LNG gets FERC OK to export commissioning cargoes

Apr 2

Trump’s Renewed Iran Threats Drive Oil Higher

Apr 2

Cyprus Film Days 2026: the full lineup for this year’s festival

Apr 2

Oil Prices Surge 6% as Trump Signals Prolonged Iran Conflict

Apr 2

Oil & Gas Rally Leaves S&P 500 Behind in Record-Breaking Run

Apr 1

India Hits the Russia Reset Button as Oil Flows Hit Near-Record Levels

Apr 1

Record Wind Output Fails to Stop UK Energy Price Surge

Apr 1

Shell in Talks with Venezuela for More Gas Areas

Apr 1

Some French Gas Stations Run Dry