News

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

Offshore Energy·Aug 17·1 min read

Saipem’s 26-year-old drillship on completion ops at Eni’s gas well offshore Sicily

Italian contractor Saipem has deployed its 2000-built deepwater drillship to execute long-term well completion operations for Eni offshore Sicily. This offshore campaign reflects Eni's sustained domes

Argentina LNG seeks RIGI approval for $51bn integrated LNG project

Argentina LNG has formally submitted an application to enter the country's Large Investment Incentive Regime (RIGI) for a massive $51 billion integrated LNG exp

Offshore Technology·Aug 17

Petrobras widens Brazil’s Equatorial Margin push with hydrocarbon discovery off Amapá

Petrobras has struck hydrocarbons in an ultra-deepwater exploration well situated off the coast of Amapá, marking a pivotal milestone in Brazil's push to open t

Offshore Energy·Aug 17

Indian Oil Giant Secures U.S. License to Return to Venezuela

India's state-backed energy major ONGC has obtained a crucial sanctions waiver from the U.S. Treasury to resume operations in Venezuela's upstream sector. The a

OilPrice·Aug 17

Petrobras confirms hydrocarbon presence in deepwater well off Brazil

Brazilian state-controlled operator Petrobras has proven the presence of an active petroleum system in the frontier Foz do Amazonas basin through its latest dee

Offshore Technology·Aug 17
Aug 17

DOF adds 80 days of subsea work to backlog in Asia-Pacific

Aug 17

Hormuz Tanker Traffic Slows to a Trickle

Aug 16

Have Middle East Oil Flows Rebounded to 15 Million Bpd as U.S. Claims?

Aug 16

Europe’s Gas Storage Crunch Deepens Ahead of Heating Season

Aug 16

Oil Majors Reap $93 Billion Windfall From the Iran War

Aug 16

Diversified Said to Close In on Birch Deal

Aug 15

Electric Aviation Won't Kill Jet Fuel - But It Could Take the Best Routes First

Aug 15

The Battle Over North Sea Oil Is Heating Up Under Britain’s New PM

Aug 15

Russia's Oil Industry Is Running Out of Room to Absorb More Shocks

Aug 15

Mexico Is Betting on Biofuel to Tackle Its Seaweed Crisis