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

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OilPrice·Jun 25·1 min read

AI Boom Forces Tennessee to Plan Massive Natural Gas Expansion

The Tennessee Valley Authority's updated long-term resource plan highlights a massive, AI-driven surge in electricity demand that is outstripping previous forecasts. To bridge this gap, the federal ut

UK Energy Secretary Vetoed Plan to Boost Oil Output for Defense Funds

In a significant clash of policy priorities within the UK Cabinet, Energy Secretary Ed Miliband has blocked a Treasury proposal to expand North Sea oil and gas

OilPrice·Jun 25

Vitol Seals 20-Year, 1MMtpa Deal to Supply LNG to IRH

Global energy trader Vitol has locked in a massive 20-year liquefied natural gas (LNG) supply agreement with International Resources Holding (IRH), the rapidly

Rigzone·Jun 25

First AI-powered walking island rig enters ADNOC Drilling’s fleet months ahead of schedule

ADNOC Drilling has integrated its first AI-driven, automated walking island rig into its fleet ahead of schedule, marking a major milestone in the digitalizatio

Offshore Energy·Jun 25

Vår Energi submits PDO for Gjøa Subsea Projects in North Sea

Vår Energi's submission of the Plan for Development and Operation (PDO) for the Gjøa Nord and Ofelia subsea tie-backs represents a highly efficient infrastructu

Offshore Technology·Jun 25
Jun 25

Wellesley Confirms New Discovery in Norwegian North Sea

Jun 25

Equinor eyes final call on Norway’s largest undeveloped oil discovery by 2027-end

Jun 25

After Saipem and TechnipFMC, Baker Hughes hired for Angolan ultra-deepwater development

Jun 25

Perenco pens gas deal for Southeast Asian offshore project

Jun 25

Poland to Build a Third LNG Import Terminal

Jun 25

BP, ONGC upping the production ante in ‘most prolific’ oil & gas region offshore India

Jun 25

BP, TotalEnergies Join Bab Gas Cap Project in Abu Dhabi

Jun 25

Hitachi Energy wins €770M contract for first Europe-Africa interconnector

Jun 25

44 jack-up rigs relocated in race against monsoon season

Jun 25

MODEC to supply SOFEC mooring system for Coral Norte FLNG