News

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

Offshore Technology·Jun 25·1 min read

Jadestone starts production from first 2026 Malaysia infill well

Jadestone Energy has successfully brought its first infill well online ahead of schedule as part of its PM323 Production Sharing Contract (PSC) campaign in shallow-water Malaysia. This early productio

Dangote's Planned IPO Sparks Investor Frenzy in Nigeria

The highly anticipated $2 billion initial public offering (IPO) of the Dangote Petroleum Refinery is triggering unprecedented retail and institutional investor

Rigzone·Jun 25

2009-built source vessel to work in West Africa for three months

Cyprus-headquartered marine seismic specialist SeaBird Exploration has secured a new three-month contract for its source vessel, the Fulmar Explorer, to conduct

Offshore Energy·Jun 25

Qatar Adds Momentum to Mideast Oil Trade Rebound

Qatar's strategic move to ramp up its crude oil marketing efforts signals a broader realignment among Persian Gulf producers as geopolitical dynamics shift. Thi

Rigzone·Jun 25

Trump Singles Out Exxon, Chevron, Shell, and BP Over High Gas Prices

The Trump administration's public targeting of major oil corporations—specifically ExxonMobil, Chevron, Shell, and BP—signals a highly politicized shift in US e

Jun 25

TotalEnergies acquires 10% stake in Bab Gas Cap concession

Jun 25

Qatar Signs Crude Deal With Taiwan as Gulf Oil Trade Recovers

Jun 25

How much cheaper is fuel in Cyprus now compared to the Iran war peak?

Jun 25

Norwegian, Japanese geotechnical firms ink offshore wind cooperation agreement

Jun 25

Natural Gas Prices Set to Ease as Qatar Restores LNG Output

Jun 25

Modec bags work on Mozambique’s next FLNG development

Jun 24

Qatar and the U.S. Warn EU of Gas Crunch Over Methane Regulation

Jun 24

Why Wet Coffee Grounds Might Be The Next Waste-To-Energy Goldmine

Jun 24

China’s Crude Imports Plunge To Lowest Level Since 2018

Jun 24

Oil Falls to Postwar Lows