News

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

Offshore Energy·Jun 5·1 min read

Canada’s $4B hydro-powered LNG project advances with FLNG launch at Samsung Heavy Industries

Samsung Heavy Industries has successfully launched the floating liquefied natural gas (FLNG) unit for the Cedar LNG project, located in British Columbia, Canada. This marks a major construction milest

Hanwha Ocean taps GTT for LNG carrier tank design

South Korean shipyard Hanwha Ocean has contracted French containment specialist GTT to design the liquefied natural gas (LNG) cargo tank for a new LNG carrier.

Offshore Energy·Jun 5

Sempra, TotalEnergies up LNG ante at Mexico’s Pacific Coast with project start-up

Sempra Infrastructure and its joint venture partner TotalEnergies have achieved the first production of liquefied natural gas (LNG) at their export facility in

Offshore Energy·Jun 5·TotalEnergies SE

Norway Averts Offshore Strike as Workers and Industry Reach Deal

Norway successfully averted a major offshore strike after trade unions and oil companies reached a wage agreement in early Friday negotiations. The potential la

OilPrice·Jun 5

Skirmishes in Lebanon as Hezbollah Rejects Mideast Truce

Hezbollah has rejected a Middle East truce proposal, leading to continued skirmishes with Israel, though the intensity of attacks on northern Israel and strikes

Rigzone·Jun 5
Jun 5

Indian Companies Eye Venezuelan Oil Fields as Imports Surge 51% in a Month

Jun 5

Viridien names new CEO after eight years

Jun 5

SBM Offshore to sell 45% stake in Chalchi FSO to NYK

Jun 5

Oman Oil Terminal Attack Rattles the Market's Last Calm Corner

Jun 5

North Dakota Chases A Second Bakken Boom Through Enhanced Recovery

Jun 4

Brazil, Guyana, Venezuela Fuel South America’s Oil Export Boom

Jun 4

Oil Retreats on Truce Optimism

Jun 4

A New U.S. Battery Line Designed to Make Energy Storage Safer and Cheaper

Jun 4

Iran's Oil Exports Collapse to Six-Year Low as Blockade Tightens

Jun 4

Venezuela’s Debt Overhaul Faces New Controversy