News

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

Offshore Technology·Sep 17·1 min read

Oil and gas digitalisation cannot overlook the marine logistics chain

As upstream operators accelerate digital transformation to curb emissions and drive operational efficiencies, offshore marine support logistics is emerging as a critical yet historically neglected opt

India Pushes Back on U.S. Tariff Threat Over Russian Oil

New Delhi has officially reaffirmed that domestic energy requirements will dictate its crude procurement strategy, directly challenging Washington's threats of

OilPrice·Sep 17

Transocean’s 2016-built drillship wins multimillion-dollar job in Equatorial Guinea

Offshore drilling giant Transocean has reinforced its backlog by capturing an estimated 170-day ultra-deepwater contract in West Africa valued at roughly $80 mi

Offshore Energy·Sep 17

Soaring LNG Prices Push Asian Demand Toward Second Annual Decline

Asian liquefied natural gas intake is on track for a notable contraction in 2024, facing an estimated annual drop between 3% and 10% under sustained price press

OilPrice·Sep 17

Oil Prices Slide as Saudi Arabia Reroutes Crude via Oman

Global benchmark crude benchmarks slipped as Saudi Arabia implemented alternative maritime and pipeline logistics via neighboring Oman to preserve export volume

OilPrice·Sep 17
Sep 17

StanChart Sees Higher Oil Floor as Hormuz Crisis Spreads to Saudi Export Routes

Sep 16

Tanker Rates Smash $1 Million a Day as Oil Shipping Crisis Deepens

Sep 16

Oil Above $100 Pushes U.S. Fuel Prices to New Records

Sep 16

Halliburton bags Eni’s deepwater bundle as Eastern Mediterranean gas buildout continues

Sep 16

Southeast Asia’s hydrocarbon push: Valeura hits oil pay, eyes new satellite development

Sep 16

FSRU docks in Stade as LNG terminal prepares to feed gas into German grid from November

Sep 16

Buru Says Rafael Gas Project Holds Over 15 MMboe 2P Reserves

Sep 16

Japan’s Top LNG Buyer to Sell Excess Gas in Global Markets

Sep 16

Fore-accommodation LNG carrier with four Wind Challenger sails clears LR design appraisal

Sep 16

Sri Lanka invites explorers to assess four Mannar Basin blocks