News

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

Offshore Technology·Jun 30·1 min read

Equinor to transfer Peon interest to Vår Energi in NCS deal

Equinor and Vår Energi have executed a strategic asset swap on the Norwegian Continental Shelf (NCS), designed to unlock the long-stagnant Peon shallow gas discovery while consolidating Equinor's domi

India Plans to Cut Reliance on Middle East Oil

India's state-run refiners are actively restructuring their crude procurement strategies to minimize exposure to Middle Eastern supply disruptions amid escalati

Rigzone·Jun 30

Gas discovery edges closer to development with Equinor-Vår Energi asset swap

The asset swap between Equinor and Vår Energi represents a strategic rationalization of portfolios on the Norwegian Continental Shelf, aimed at accelerating the

Offshore Energy·Jun 30

QatarEnergy, ExxonMobil Declare Cyprus Gas Discoveries Commercial

The formal declaration of commerciality for the Glaucus and Pegasus discoveries in Block 10 marks a critical transition for Cyprus from an exploration frontier

Offshore Engineer·Jun 30·Block 10ExxonMobil

Who Is the World's Biggest Oil Producer?

The Energy Institute's latest Statistical Review of World Energy confirms the United States has cemented its position as the world's leading oil producer, drive

Rigzone·Jun 30
Jun 30

NLNG awards Baker Hughes 13-year gas turbine services contract

Jun 30

Cypriot gas fields declared ‘marketable’ by energy giants

Jun 30

Eni, NOC start production from Libya’s Sabratha Compression Project

Jun 30

Low $70s Not a Fair Price for Oil, Analyst Outlines

Jun 30

Pakistan Pays Premium for Urgent LNG Cargo

Jun 30

SBM Offshore puts $465 million financing in place for Gulf of Mexico-destined FSO

Jun 30

Eni and BP order Vallourec’s pipe for Angolan waters

Jun 30

TechnipFMC Bags Large Contract to Deliver New Var Energi Projects

Jun 30

Eni Adds Gas Production Capacity in Libya

Jun 30

Trump Pressures Gas Stations to Slash Prices "Immediately"