UK signals readiness for oil & gas tax shift with £50 billion energy investment in play
The UK's offshore energy trade body, Offshore Energies UK (OEUK), is actively engaging the government to negotiate a replacement for the existing Energy Profits Levy (EPL). This strategic move aims to
Falling fuel and energy prices keep Cyprus inflation in check
Cyprus experienced remarkably stable inflation in February, registering a minimal 0.1%, primarily due to a significant decrease in energy expenses. This decline
Cyprus Mail·Mar 5
Oceaneering’s new electric ROV capable of continuous 30-day subsea ops
U.S. firm Oceaneering has introduced an advanced electric-propulsion Remotely Operated Vehicle, designed for unprecedented 30-day continuous subsea operations.
Offshore Energy·Mar 5
Britain's National Grid Awards $4B Supply Contracts for EGL3
National Grid has awarded substantial contracts, totaling nearly £3 billion, to Hitachi Energy and NKT for the critical components of the Eastern Green Link 3 (
Rigzone·Mar 5
Tanker suffers explosion and oil leak off Kuwaiti coast
A tanker anchored near Kuwait's Mubarak Al Kabeer port suffered a significant explosion on its port side, leading to the vessel taking on water and subsequently
Offshore Technology·Mar 5
Mar 5
Are We Heading for an All-Out War in the Middle East?
Rigzone
Mar 5
Fuel prices rise amid Middle East tensions, Cyprus braces for further hikes
In-Cyprus
Mar 5
Operation Epic Fury drives Americas heavy crude to multi-year highs
Offshore Technology
Mar 5
Four-party consortium sets up Japan-New Zealand hydrogen corridor
Offshore Energy
Mar 5
MOPU and FSO units linked, marking new milestone for African oil field revival
Offshore Energy
Mar 5
Fuel prices set to rise sharply in Cyprus as Iran crisis drives oil surcharge
Cyprus Mail
Mar 5
EU Sees No Energy Supply Concern from Mideast War for Now
Rigzone
Mar 5
Chevron hires Hanwha Ocean for Mediterranean gas field expansion