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

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OilPrice·Sep 16·1 min read

Saudi Arabia Pivots to Spot Oil Sales After Key Pipeline Goes Offline

State energy giant Saudi Aramco has made an abrupt operational pivot, offloading an estimated 20 million barrels of crude via prompt spot market transactions rather than traditional long-term contract

Verlume and SubCtech join forces to power up integrated subsea ops

UK-based Verlume has entered into a strategic collaboration with Germany's SubCtech to engineer combined subsea power architectures tailored for both energy pro

Offshore Energy·Sep 16

Eni adds Halliburton to Cronos contractor lineup

Italian operator Eni has tapped Houston-based oilfield services giant Halliburton to provide an integrated suite of well construction, drilling automation, and

Splash247·Sep 16·ENI S.p.A.Cronos

TotalEnergies and Mistral launch oil and gas AI partnership

French energy major TotalEnergies has formalized a multi-year alliance with domestic artificial intelligence startup Mistral AI to pioneer specialized machine l

Offshore Technology·Sep 16·TotalEnergies SE

Japanese Refiners Rush for Oman Crude After Saudi Pipeline Shutdown

Japanese crude processors have swiftly pivoted to procuring prompt Oman export cargoes following an unexpected disruption to Saudi Arabia's primary East-West tr

OilPrice·Sep 16
Sep 16

Halliburton wins well services contract for Eni’s Cronos project

Sep 16

Saudi Pipeline Outage Hits an Oil Market Running Out of Buffers

Sep 15

Hormuz Risk Opens $40-Plus Price Gap Between Crude Grades

Sep 15

U.S. Oil Inventories Jump as Cushing Stocks Keep Falling

Sep 15

TotalEnergies Expands AI Collaboration with Mistral into Exploration

Sep 15

Valeura advances Gulf of Thailand expansion with PTTEP farm-in approval

Sep 15

Santos agrees LNG arrangements with POSCO and Ksi Lisims

Sep 15

Santos broadens Asia-Pacific LNG portfolio with Canadian supply and 10-year POSCO deal

Sep 15

Borr Drilling keeps three jack-up rigs as it reorganizes Mexico ops with stake sale

Sep 15

Australia's Energy Minister Heads to Saudi Arabia for Pipeline Answers