News

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

Offshore Energy·Jun 29·1 min read

Path clear for Odfjell Drilling’s rig to spud North Sea wildcat in August

Equinor's newly secured drilling permit for the Norwegian Continental Shelf underscores the sustained momentum in North Sea near-field exploration. By utilizing Odfjell Drilling's high-specification s

Oil trade stabilises amid US-Iran halt to renewed hostilities

The stabilization of global oil prices on June 29 follows a critical diplomatic breakthrough between Washington and Tehran, halting a dangerous escalation of ma

Offshore Technology·Jun 29

OEUK Says Urgent Decisions Needed on Rosebank, Jackdaw

The urgent call by Offshore Energies UK (OEUK) for definitive progress on the Rosebank and Jackdaw fields highlights the growing tension between the UK's domest

Rigzone·Jun 29

EPCI contract with Vår Energi among ‘largest awards in Ocean Installer’s history’

Ocean Installer has secured a major engineering, procurement, construction, and installation (EPCI) contract from Vår Energi for subsea tie-back work on the Nor

Offshore Energy·Jun 29

Halliburton, MODEC’s Shape Digital set on enhancing digital asset performance

Oilfield services giant Halliburton has partnered with Shape Digital, a joint venture backed by MODEC and Mitsui & Co., to bridge the traditional divide between

Offshore Energy·Jun 29
Jun 29

More Well Workers offshore Norway Will Join Strike

Jun 29

Middle East Oil Production Rebounds to 15 Million Bpd

Jun 29

China’s LNG Buying Rebounds as Summer Power Demand Surges

Jun 29

Swedes expand cable capacity as part of long-term deal with NKT

Jun 29

Williams set to acquire Momentum Midstream for $5.5bn

Jun 29

Australian Gas Exploration Surges as Energy Security Takes Center Stage

Jun 28

Oil Markets Are Pricing A Supply Surge That Isn’t Guaranteed

Jun 28

China Eyes a Major Opportunity in Post-War Iran

Jun 28

Europe Averts Jet Fuel Chaos

Jun 27

One of Texas' Oldest Oil Plays Is Running Dry