Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.
UK-based Anemoi Marine Technologies and China's COSCO Shipping Heavy Industry have extended their strategic partnership to advance the deployment of wind-assisted propulsion systems. This collaboratio
NKT, a prominent manufacturer of high-voltage cables for the energy sector, has strategically secured its copper supply for the next decade. This proactive meas
Valaris, a prominent offshore drilling contractor, reported a 10 percent sequential decline in its fourth-quarter 2025 revenue, reaching $537.4 million. This do
Cyprus has been identified by Eurostat as having the highest per capita greenhouse gas footprint within the European Union for 2023, a metric primarily driven b
Turan Drilling & Engineering, a joint venture between Azerbaijan's SOCAR AQS and US-based Helmerich & Payne, has secured a crucial long-term contract renewal fr