News

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

OilPrice·Jul 13·1 min read

Iraq’s Oil Lifeline Has Been Saved, But For How Long?

Iraq and Turkey have averted an imminent economic crisis by securing a one-year temporary protocol to maintain the flow of northern Iraqi crude oil to the Mediterranean port of Ceyhan. This interim ag

Noble’s 2013-built drillship lines up 296-day Southeast Asian job

Noble Corporation has secured a major long-term contract for one of its deepwater drillships in Southeast Asia, highlighting the sustained global demand for hig

Offshore Energy·Jul 13

UAE Tells OPEC Its Oil Production Surged Last Month

The United Arab Emirates has reported a massive 80 percent surge in its crude oil production to OPEC, signaling a aggressive push to utilize its expanded capaci

Rigzone·Jul 13

After TechnipFMC, Eni brings OneSubsea onboard Côte d’Ivoire project

Italian energy major Eni has expanded its contractor pool for the flagship Baleine deepwater development off Côte d’Ivoire by awarding a significant multi-well

Offshore Energy·Jul 13·ENI S.p.A.

Petronas expands three-decade-long LNG ties with Shizuoka Gas up to 2039

Malaysia's state-owned Petronas has secured a long-term LNG supply extension with Japan's Shizuoka Gas, stretching their bilateral energy relationship to 2039.

Offshore Energy·Jul 13
Jul 13

Petronas, Shizuoka Gas sign seven-year LNG supply agreement

Jul 13

New player eyes coming aboard Greece’s FSRU project with Aktor-Motor Oil deal

Jul 13

South Africa Plans First Oil Reserves Boost Since Apartheid

Jul 13

Strait of Hormuz Tanker Traffic Falls to Five-Week Low

Jul 13

Aquaterra Energy and James Fisher team up to deliver simplified decommissioning

Jul 13

Oil prices rise more than 3% amid new US-Iran military strikes near Hormuz

Jul 13

Oil Jumps After Battle for Hormuz Control Escalates

Jul 13

ADNOC L&S orders four LNG carriers from Jiangnan for $900m

Jul 13

Iran Warns U.S. Interference Could Trigger Further Oil and Gas Disruptions

Jul 13

Third ORESA innovation call for offshore energy solutions open for applications