News

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

Offshore Technology·Feb 6·1 min read

TotalEnergies to buy 42.5% stake in Namibia’s PEL104 licence

TotalEnergies has significantly expanded its footprint in Namibia's burgeoning offshore Orange Basin by acquiring a 42.5% operated stake in the PEL104 exploration licence. This strategic move consolid

Chevron and TPAO set their cap on oil & gas exploration in Black Sea

U.S. energy major Chevron has formalized an agreement with Türkiye's national oil company, TPAO, to pursue oil and natural gas exploration and production activi

Offshore Energy·Feb 6·Chevron Corporation

Tankers With Russian Oil Flock to East Asia

The current movement of over a dozen tankers carrying Russian Urals crude towards East Asian destinations, with some observed idling en route, signifies the con

Rigzone·Feb 6

Syria’s Oil Future Still Hinges on Politics, Not Geology

Chevron's recent Memorandum of Understanding with Syria's state oil company and a Qatari partner signals a cautious re-engagement by a major international oil c

OilPrice.com·Feb 6·Chevron Corporation

Oil Prices Slide as Diplomacy Drains the Risk Premium

Global crude oil benchmarks experienced a significant decline this week, primarily driven by reports of diplomatic engagement between the United States and Iran

OilPrice·Feb 6
Feb 6

Multiple newbuild vessel charters with US LNG giant come NYK and Ocean Yield’s way

Feb 6

DOF strikes again with Shell in North America

Feb 6

Mystery clients book two Solstad construction support vessels

Feb 6

Nexans Electra sports its major systems

Feb 6

Cyprus lending hits €4.85bn as low rates fuel borrowing surge

Feb 6

Spot LNG rates remain steady this week

Feb 6

South Korean shipyard delivers MOL’s newbuild LPG carrier hired by TotalEnergies

Feb 6

What’s Next for Offshore Energy? Clarksons’ Experts Share Their Outlook in an Exclusive Fireside Conversation

Feb 6

Kongsberg Maritime to design and equip Transpetro’s new methanol-ready tankers

Feb 6

Petrobras gets its hands on stake in Namibia’s offshore block