News

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

Rigzone·Jun 9·1 min read

WoodMac Finds 'No Consensus' on Gulf Crisis Resolution

At its annual gas and LNG conference in London, Wood Mackenzie reported a total lack of consensus among industry experts regarding when the ongoing geopolitical crisis in the Gulf region will be resol

Morgan Stanley Sees Asian LNG Prices Soaring to 3.5-Year High

Morgan Stanley forecasts that Asian benchmark LNG prices will surge to a three-and-a-half-year high in the second half of 2026. This projected price spike is dr

OilPrice·Jun 9

Oil Gives Back Most of Monday Gains

Crude oil prices retraced and gave back the majority of the gains recorded during Monday's trading session, according to market insights from Saxo Bank. This ra

Rigzone·Jun 9

BP awards SLB OneSubsea boosting contract for Thunder Horse

BP has awarded SLB OneSubsea a contract to deliver a subsea boosting system for its Thunder Horse project in the deepwater Gulf of Mexico. This technology is de

Offshore Technology·Jun 9

H2DO launches offshore wind-to-hydrogen study in Dutch North Sea

Hydrogen of Dutch Origin (H2DO) and its partners have initiated a feasibility and concept study for an offshore wind-to-hydrogen project in the Dutch North Sea.

Offshore Energy·Jun 9
Jun 9

Eni, Petronas launch Searah JV for Indonesian and Malaysian assets

Jun 9

The Oil Shock Is Weakening India’s Economy and Finances

Jun 9

Another European deal for Canadian LNG project as talks with Uniper advance

Jun 9

Saipem’s heavy lifting and pipe-laying vessel gearing up for work on €4B Black Sea gas project

Jun 9

Giant Oil Supertanker Orders Eclipse Record

Jun 9

TGS secures new offshore wind site characterization contract in Europe

Jun 9

Noble’s giant semi-sub rig scores new drilling gig with BP in UK waters

Jun 9

Asia Is in the Eye of the Energy Crisis

Jun 9

BP tasks OneSubsea with subsea boosting at deepwater project in US Gulf

Jun 9

China’s Oil Imports Plummet to Eight-Year Low