Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.
SBM Offshore's decision to greenlight its seventh Fast4Ward multi-purpose floater hull (MPF7) at China's SWS yard underscores the sustained global demand for deepwater FPSO vessels. By securing yard c
Eldorado Drilling's acquisition of Vantage Drilling represents a major consolidation in the ultra-deepwater drilling sector, combining high-specification assets
The completed merger between Vantage Drilling and Eldorado Drilling creates a highly competitive, consolidated offshore drilling contractor with a modernized fl
Energy research consultancy Wood Mackenzie has declared the end of the recent oil price bubble, signaling a structural shift in global crude markets. This asses
Santos has secured a pivotal ten-year natural gas supply agreement with the South Australian government, reinforcing its dominant position in the domestic energ