News

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

All ENI ExxonMobil TotalEnergies Shell Chevron Aphrodite Glaucus
Offshore Energy·Feb 25·1 min read

‘World-first’ as ammonia-fuelled two-stroke engine passes quality assurance

Swiss marine power company WinGD has achieved a significant milestone by successfully completing quality assurance for what it claims is the world's first ammonia-fuelled two-stroke engine. This devel

EOG Posts Lower Q4 Profit

EOG Resources reported a notable decline in both net and adjusted net profits for the fourth quarter of 2025, primarily attributed to softer oil and gas price r

Rigzone·Feb 25

Shell and METLEN sign MoU for LNG supply cooperation

Global energy major Shell and Greek industrial conglomerate METLEN have formalized a Memorandum of Understanding to collaborate on the supply and trading of Liq

Offshore Technology·Feb 25·Shell plc

Kosmos signs deal to divest Equatorial Guinea assets to Panoro

Kosmos Energy is strategically divesting its non-operating interests in the Ceiba Field and Okume Complex offshore Equatorial Guinea to Panoro Energy for a subs

Offshore Technology·Feb 25

Technip Energies-led JV nets ‘major’ LNG contract with QatarEnergy

A joint venture led by Technip Energies, in partnership with Consolidated Contractors Company (CCC), has been awarded a significant engineering, procurement, an

Offshore Energy·Feb 25·qatar-petroleum
Feb 25

Cyprus annual inflation slows to 1.2 per cent as energy prices fall

Feb 25

EIA Sees USA Energy Demand Under 2025 Levels for Next 2 Years

Feb 25

Allseas takes delivery of new cargo barge for offshore platform transport

Feb 25

Critical HV components under construction in Türkiye for second Malta-Italy link

Feb 25

Worley hops on board Denmark’s national hydrogen transmission network

Feb 25

Kongsberg Maritime equipment ordered for South Korean cable laying vessel

Feb 25

Lufkin wins RDPCP contract from Petroleum Development Oman

Feb 25

Shell, METLEN Sign LNG Supply and Trading Deal

Feb 25

Kashagan partners take Kazakhstan to arbitration over $4.6bn fine