News

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

Offshore Energy·Jun 3·1 min read

Subsea7 scoops up new multimillion-dollar US Gulf tie-back

Subsea7 has secured a new multimillion-dollar subsea tie-back contract in the U.S. Gulf of Mexico from Murphy Exploration & Production Company, a subsidiary of Murphy Oil Corporation. This contract un

Australian LNG Strike Begins to Disrupt Cargo Loadings at Ichthys

Industrial action at the Ichthys LNG project offshore Australia has begun to disrupt cargo loadings, resulting in the delay of at least one tanker. The strike i

OilPrice·Jun 3

Dolphin Drilling wins multi-year contract for Borgland Rig

Dolphin Drilling has secured a new multi-year contract for its semi-submersible rig, the Borgland Dolphin, with an undisclosed operator in the UK North Sea. Thi

Offshore Technology·Jun 3

Tensions Broil Again as Iran Hits US Mideast Allies

U.S. forces intercepted Iranian ballistic missiles and drones targeted at Middle Eastern allies and launched a retaliatory strike on a command center inside Ira

Rigzone·Jun 3

Goldman Sachs CEO Warns Oil Shock Could Alter Consumer Behavior

Goldman Sachs CEO David Solomon warned that tightening crude oil supply in the second half of the year will drive inflation higher and alter consumer behavior.

OilPrice·Jun 3
Jun 3

Oil Prices Climb as U.S. Strikes Tanker and Downs Iranian Drones

Jun 3

How Long Can Demand Destruction Keep a Lid on Oil Prices?

Jun 2

China Draws Down Billion-Barrel Stockpile as Iran War Cuts Imports in Half

Jun 2

Princeton Endowment Backs Out of Oil, Gas Divestment Pledge

Jun 2

US Crude Oil Inventories Continue Downward Plunge But Gasoline Surprises

Jun 2

Crude Gains as Peace Deal Doubts Grow

Jun 2

What Hormuz Is Teaching Traders About Utilities

Jun 2

Eldorado to Acquire Vantage Drilling

Jun 2

UK oil & gas operator hires Dolphin Drilling’s rig on multimillion-dollar gig

Jun 2

Falcon Now under Tamboran