News

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

Offshore Energy·Aug 19·1 min read

CoreMarine frees Argentina-bound FLNG for next job after eight-year Cameroon stint

CoreMarine has successfully unmoored and disconnected an FLNG unit operating offshore Cameroon, facilitating its high-profile redeployment to Argentina. This move underscores the growing operational f

Lloyd’s Register assists with LNG carrier-to-FSU conversion for African gas project

Lloyd's Register has been appointed to oversee the life extension and conversion of a conventional liquefied natural gas carrier into a permanently moored float

Offshore Energy·Aug 19

Shell Taps SLB for Production Restarts offshore Brunei

Brunei Shell Petroleum has awarded oilfield services giant SLB a major offshore contract aimed at restoring production from idle wells across various mature fie

Rigzone·Aug 19·Shell plc

SLB wins offshore production restoration contract from BSP

Global energy services giant SLB has secured a production restoration award from Brunei Shell Petroleum (BSP) to reactivate dormant offshore assets. The campaig

Offshore Technology·Aug 19·Shell plc

Chinese Oil Tankers Turn Back as Hormuz Risks Mount

Escalating security risks around the Strait of Hormuz have prompted Chinese-operated Very Large Crude Carriers (VLCCs) to abort their planned voyages and idle i

OilPrice·Aug 19
Aug 19

Equinor to acquire 17.4% interest in Namibia’s Orange Basin block

Aug 19

Oil Prices Rise for Fourth Day as Hormuz Traffic Slows

Aug 19

5 Energy Stocks Cashing In On The New Energy Crunch

Aug 18

Peter Thiel Bets $76 Million on Argentina’s Vaca Muerta Shale

Aug 18

Distillate Stocks Sink Further as U.S. Crude Inventories Barely Budge

Aug 18

Oil Hits Three-Week High on Iran Standoff

Aug 18

U.S. Diesel Reserves Sit Near 23-Year Lows

Aug 18

Ecopetrol takes Brava Energia under its wing in $1.2 billion Brazil expansion move

Aug 18

Monumental Energy’s Tirua Point permit accepted for review

Aug 18

ExxonMobil Awards $1.1B Contracts for Mozambique LNG Project