News

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

Offshore Energy·Jun 26·1 min read

DORIS supporting Perenco’s revitalization & electrification mission at Brazil’s offshore platform duo

Perenco Brazil has engaged French engineering firm DORIS to spearhead the revitalization and electrification of two mature offshore platforms in the Campos Basin that have been idle since 2020. This p

Why Is Oil Trading Down Today?

Crude oil benchmarks experienced downward pressure at the close of the trading week as market participants recalibrated their risk premiums. The decline reflect

Rigzone·Jun 26

Equinor submits Wisting oilfield EIA for public review

Equinor's submission of the Environmental Impact Assessment (EIA) for the Wisting oil field marks a critical revival of one of the Barents Sea's most controvers

Offshore Technology·Jun 26

Cyprus fuel sales decline amidst government efforts to curb costs

The 5.1% year-on-year decline in Cypriot petroleum sales for May 2026 highlights a growing divergence between short-term demand fluctuations and broader macroec

Cyprus Mail·Jun 26·TotalEnergies SE

First US subsea rock installation vessel nears inaugural offshore wind assignment

The delivery of the 'Acadia,' the first U.S.-flagged subsea rock installation vessel, marks a critical milestone in the maturation of the domestic offshore wind

Offshore Energy·Jun 26
Jun 26

Baker Hughes wins contract from Azule Energy for Greater PAJ project

Jun 26

Naftogaz, Orlen Ink New LNG, Decarbonization Agreements

Jun 26

Qatar's LNG Recovery Picks Up Speed as Tankers Mass at Ras Laffan

Jun 26

TechnipFMC brings integrated approach to Vår Energi’s North Sea subsea projects

Jun 26

LNG and decarbonization on Orlen-Naftogaz collaboration’s agenda

Jun 26

Strike Averted as Norway Onshore Support Workers Agree New Terms

Jun 26

DOF vessel wins ‘very large contract’ in North America

Jun 26

Output at Key Field in Kazakhstan Takes Hit from Attack on Russian Plant

Jun 26

Path clears for Vantage Drilling-Eldorado merger with end in sight

Jun 26

ONGC signs technical services deal with bp for Western Offshore Basin