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

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Offshore Energy·Apr 27·1 min read

Seatrium ticks tugboat fleet sale off non-core asset divestment list

Singaporean engineering and maritime solutions giant Seatrium has finalized the divestment of its legacy tugboat operations, marking another step in its portfolio restructuring. The transaction reflec

Cyprus fuel sales surge in March despite price volatility

Official data reveals an 18.6% year-on-year surge in Cypriot petroleum product consumption for March, reaching 127,272 tonnes despite sustained retail price vol

Cyprus Mail·Apr 27·TotalEnergies SE

TotalEnergies Greenlights Battery-Backed Wind Project in Kazakhstan

French energy major TotalEnergies, alongside its regional partners, has reached a positive final investment decision on a landmark $1.2 billion hybrid onshore w

Rigzone·Apr 27·TotalEnergies SE

Multimillion-dollar extension keeps Archer busy in Norway for three more years

Norway's state-backed energy major Equinor has awarded drilling contractor Archer a three-year contract extension for platform operations across the Norwegian C

Offshore Energy·Apr 27

€100 million EU financing backs Port of Klaipėda’s energy transition path

The European Investment Bank (EIB) has committed approximately €100 million in debt financing to modernize Lithuania's primary maritime hub, the Port of Klaipėd

Offshore Energy·Apr 27
Apr 27

Equinor picks up permit for drilling ops with Transocean rig

Apr 27

Sanctions Escalation Hits Chinese Refiners Tied to Iranian Crude Trade

Apr 27

Canada approves Enbridge’s $2.9bn Westcoast expansion project

Apr 27

Idle vessel from Shearwater’s fleet finds new owner

Apr 27

Goldman Sachs Raises Oil Price Forecast Yet Again

Apr 26

Europe Emerges As Key Buyer Of U.S. Strategic Petroleum Reserve Oil

Apr 26

Structural Gas Demand Destruction Threatens Global LNG Market

Apr 26

The World’s Data Lifelines Are Increasingly Exposed to Sabotage

Apr 26

Canada Just Opened North America's First Battery-Grade Lithium Refinery

Apr 25

Dangote at Full Throttle as Nigeria Becomes a Net Fuel Exporter