News

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

Offshore Energy·Aug 18·1 min read

Kongsberg Maritime to equip Asia’s new FPSO with high-capacity deck machinery package

Norwegian marine technology specialist Kongsberg Maritime has secured a contract to supply a suite of high-capacity deck machinery for a newbuild FPSO operating in Asian waters. This deal underscores

SLB lends Shell a hand to unlock oil & gas from shut-in wells

Global energy technology provider SLB has secured an agreement with Brunei Shell Petroleum to reactivate hydrocarbon flow from idle and shut-in offshore wells a

Offshore Energy·Aug 18·Shell plc

TGS and Chevron jointly pursuing next-gen seismic imaging technology

Seismic data leader TGS and US energy major Chevron have partnered to develop next-generation seismic imaging capabilities aimed at overcoming complex subsurfac

Offshore Energy·Aug 18·Chevron Corporation

ExxonMobil awards $1.1bn pre-FID contracts for Rovuma LNG phase one

ExxonMobil's commitment of $1.1 billion toward front-end engineering and early-stage commitments for Rovuma LNG signals a definitive shift toward project execut

Offshore Technology·Aug 18·ExxonMobil

WhiteWater and partners approve FID for Solitude Pipeline System

A consortium of premier US midstream and upstream operators, led by WhiteWater, has formally committed capital to build the Solitude Pipeline System. This proje

Offshore Technology·Aug 18
Aug 18

Supertankers on Mideast Route Reach $510K a Day in Earnings

Aug 18

Noble’s 2014-built jack-up rig scores drilling job in Norwegian waters

Aug 18

U.S.-Iran Tensions Push Oil Prices Higher as Diesel Margins Hit Records

Aug 17

Why Libya’s Next Oil Pipeline Could Be a Geopolitical Game-Changer

Aug 17

The Next Energy Crisis Could Be a Water Crisis

Aug 17

Oil Advances as Iran Tensions Persist

Aug 17

Go-ahead for ADES to restart all suspended offshore rig ops as jack-up market remains tight

Aug 17

JAPEX begins drilling second exploratory CCS well in Tomakomai

Aug 17

Egypt moves to fast-track Mediterranean gas field tie-in in pursuit of production growth

Aug 17

EIA, IEA, OPEC Reports Highlight 'Massive Divergence'