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

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Offshore Energy·Jul 2·1 min read

TotalEnergies sheds stake in gas field for $350M as Inpex expands its Asian arsenal

TotalEnergies' divestment of its minority stake in the Sarawak gas field to Japan's Inpex for $350 million represents a calculated portfolio optimization. This transaction allows the French supermajor

TotalEnergies SE

Genel to Acquire Capricorn for $360 Million

Genel Energy's $360 million acquisition of Capricorn Energy marks a pivotal strategic pivot for the Kurdistan-focused producer, establishing a diversified footp

Rigzone·Jul 2

Oil price declines continue following indirect US-Iran talks in Qatar

The breakdown of indirect diplomatic talks between Washington and Tehran in Doha has triggered a three-day slide in global crude benchmarks. While a diplomatic

Offshore Technology·Jul 2

DOF wins contract for TotalEnergies’ FSO Unity Replacement Project

TotalEnergies has tapped subsea specialist DOF Group for a major decommissioning and installation campaign to replace the aging FSO Unity. This contract highlig

Offshore Technology·Jul 2·TotalEnergies SE

Which Countries Produce and Consume the Most Natural Gas?

The Energy Institute's latest Statistical Review of World Energy highlights a widening divergence between traditional gas-producing giants and emerging demand c

Rigzone·Jul 2
Jul 2

Petronas Makes New Discoveries offshore Suriname

Jul 2

Harbour Energy begins gas production at Dvalin North in Norwegian Sea

Jul 2

Chinese Teapots Snap Up Middle East Crude As Prices Slide

Jul 2

Iran Struggles to Woo Oil Buyers before US Waiver Expires

Jul 2

Iran Exports Crude at 20% Premium Even as Unsold Barrels Pile Up at Sea

Jul 1

Saudis Make Rare Spot Oil Sales

Jul 1

How the U.S. and U.K. Are Redrawing Syria's Energy Map

Jul 1

Crude Extends Losses on Glut Fears

Jul 1

Same Fear, Different Fallout: Oil and Gold's Diverging Collapse

Jul 1

Russia’s Security and Trade Blocs Show Signs of Fracturing