News

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

Offshore Energy·Jun 1·1 min read

Frontera cinches LNG contract with Ecopetrol to underwrite FSRU lease

Frontera Energy Corporation has transitioned into a pure-play energy infrastructure company by exiting the exploration and production (E&P) segment. The company is pivoting its strategy toward LNG, LP

SBM Offshore and Petrobras seal FPSO pair deal for $12-billion oil & gas duo

Petrobras has awarded SBM Offshore contracts for two FPSO units destined for the Sergipe Alagoas Basin offshore Brazil, representing a $12 billion investment. T

Offshore Energy·Jun 1

TGS wins ‘large and high-end’ 4D streamer contract in Angola

TGS, a Norwegian energy data and intelligence provider, has been awarded a significant 4D streamer contract in Angola. This award signifies continued investment

Offshore Energy·Jun 1

French Navy Seizes Russia-Linked Tanker in the Atlantic

The French Navy seized the Russia-linked oil tanker Tagor in the Atlantic Ocean. The vessel was reportedly under international sanctions, as stated by French Pr

OilPrice·Jun 1

Rig market consolidation continues with Vantage Drilling-Eldorado merger

Vantage Drilling and Eldorado Drilling are merging, aiming to create a stronger offshore drilling entity. The merger is anticipated to enhance drilling capabili

Offshore Energy·Jun 1
Jun 1

Danish Shipyard Remains Key Lifeline for Russia’s Yamal LNG Fleet

Jun 1

Fresh Clashes as Iran, US Trade Truce Terms

Jun 1

Early works starting for project that will link Western Isles to UK transmission network

Jun 1

Dutch LNG terminal eyes 2036 horizon as Gasunie, Vopak back conditional lifeline extension

Jun 1

Oil Prices Rise as Israel Expands Lebanon Offensive and U.S. Strikes Iran

Jun 1

Key equipment for second Malta-Italy link ready for its final destination

Jun 1

Goldman Sachs Sees Oil Demand Destruction Offsetting Supply Shock Risks

Jun 1

Greece is poised to become energy gateway for southeast Europe and the East Med

May 31

The Iran War’s First 90 Days Upended Energy Markets

May 31

Mitsui Eyes LNG Expansion as Data Centers Drive Power Demand