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

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Rigzone·Sep 15·1 min read

What Does the Yanbu Outage Mean?

The targeted strikes against Saudi Arabia's East-West Pipeline have forced an operational shutdown, temporarily paralyzing a vital bypass mechanism that skirts the Strait of Hormuz. This disruption hi

Wood secures $200m contract from ExxonMobil for PNG LNG project

Engineering and consultancy group Wood has been awarded a significant $200 million construction services contract by ExxonMobil for the PNG LNG development in P

Offshore Technology·Sep 15·ExxonMobil

Saipem wins $350m offshore contract from Azule Energy Angola

Italian contractor Saipem has reinforced its subsea order book by securing a significant $350 million engineering and construction award offshore Angola. The co

Offshore Technology·Sep 15·ENI S.p.A.

Santos Signs Long-Term LNG Agreements

Santos has entered into key preliminary liquefied natural gas (LNG) agreements, expanding its commercial footprint across both upstream offtake and downstream s

Rigzone·Sep 15

UK Oil and Gas Group Says Earlier Tax Shift Could Raise £14.9 Billion

Offshore Energies UK (OEUK) has urged the British government to advance a proposed overhaul of the offshore fiscal regime from 2030 to 2027, projecting it could

OilPrice·Sep 15
Sep 15

LNG Demand in China and India Could Surge When Prices Normalize

Sep 15

Saudi Oil Pipeline Repairs Could Take Weeks After Drone Attack

Sep 15

Oil Prices Rise on Saudi Pipeline Outage and Rising Red Sea Risks

Sep 15

Wealthy Investors Flock To Oil & Gas Assets Amid Energy Crisis

Sep 14

$100 Oil Puts Central Banks Back on Inflation Alert

Sep 14

Oil Climbs Amid Saudi Pipeline Halt

Sep 14

Petronas to Supply LNG to Southeast Europe under Metlen Deal

Sep 14

Hybrid electric propulsion at the heart of next-gen LNG carrier design

Sep 14

Shell and MET Group pen new multi-year US LNG supply deal