News

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

Offshore Energy·Jun 24·1 min read

Investigation into tragic incident ongoing: 13 dead, 66 injured in explosion and fire at QatarEnergy’s gas asset

A devastating explosion and subsequent fire at QatarEnergy's primary liquefied natural gas (LNG) production and export hub has resulted in 13 fatalities and 66 injuries, triggering an immediate high-l

ADES to acquire Saipem’s Saudi rig-owning unit for $285m

Saudi drilling giant ADES Holding is aggressively expanding its domestic offshore footprint by acquiring Saipem's local rig-owning subsidiary for $285 million.

Offshore Technology·Jun 24

Woodside Wins Contract to Supply Gas to Alcoa

Woodside Energy's newly secured mid-term gas supply agreement with Alcoa of Australia underscores the tightening dynamics of the Western Australian domestic gas

Rigzone·Jun 24

Petrobras and Pemex shake hands to explore partnership in oil & gas sphere

The memorandum of understanding signed between Latin America's two largest state-owned oil companies, Petrobras and Pemex, marks a strategic pivot toward region

Offshore Energy·Jun 24

Yinson Production’s Southeast Asia-bound FSO gets its name

Yinson Production has officially named its latest Floating Storage and Offloading (FSO) vessel, marking a critical milestone before its deployment to a major of

Offshore Energy·Jun 24
Jun 24

Norway Well Workers Continue Strike as Standoff Escalates

Jun 24

EnerMech assists Subsea7 in decommissioning scope delivery

Jun 24

Asian drilling campaign continues with third well after first came online, second set to follow suit

Jun 24

PLN EPI hot taps WNTS to link Conrad’s Mako gas project

Jun 24

Baker Hughes wins service contract for Nigeria’s ANOH gas plant

Jun 24

Qatar Says LNG Exports Could Return to Normal Within Weeks

Jun 24

Saipem preparing for SURF campaign offshore Suriname

Jun 24

US, Qatar Push Back against EU Methane Rules

Jun 24

Saipem exits Saudi Arabian shallow-water drilling playground with sale of jack-up rig fleet to ADES

Jun 24

Arbitration tribunal set up in dispute over revoked gas-to-power and LNG terminal permits