News

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

Offshore Technology·Mar 24·1 min read

TotalEnergies to shift $1bn from US offshore wind to oil and gas

TotalEnergies has signaled a strategic pivot in its US investment portfolio, redirecting approximately one billion dollars previously earmarked for offshore wind initiatives towards new oil and natura

Stillstrom, Faber Group and Prysmian launch offshore charging pilot project

Stillstrom, Faber Group, and Prysmian are collaborating on a pilot project for offshore charging solutions. This initiative aims to provide a sustainable power

Offshore Energy·Mar 24

Venture Global Notches 5-Year LNG Order from Vitol

Venture Global LNG has secured a 5-year LNG supply agreement with Vitol, one of the world's largest energy traders. Deliveries are scheduled to commence this ye

Rigzone·Mar 24

European shipowner takes Red Rock to subsea crane market

Red Rock, a Norwegian provider of lifting solutions, is entering the subsea crane market through a partnership with a European shipowner. This move signifies po

Offshore Energy·Mar 24

New North Sea FPSO job in EnerMech’s hands

EnerMech, an Aberdeen-based integrated solutions specialist, has secured a multi-year contract with Bumi Armada for work on an FPSO vessel operating in the UK N

Offshore Energy·Mar 24
Mar 24

Malaysian firm orders more TCP jumpers from Strohm

Mar 24

Venture Global and Vitol shake hands on multi-year LNG deal

Mar 24

TotalEnergies agrees to exit US offshore wind and invest in LNG

Mar 24

Oil prices rise as Iran denies US talks, supply fears grow

Mar 24

OEUK Says New Polling Shows Public Backs Homegrown Energy

Mar 24

Anaergia, Southwest Gas RNG Contract Gets Conditional Approval

Mar 24

Venture Global signs five-year LNG offtake deal with Vitol

Mar 24

Baker Hughes breathing life into offshore LNG export terminal in Texas

Mar 24

Home solar panels overtake large farms to become Cyprus’s biggest renewable energy source

Mar 24

Borr Drilling to acquire five jack-up rigs from Paratus for $287m