Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.
Houston-based subsea specialist KOIL Energy Solutions has secured a new contract for subsea umbilical handling, spooling, and storage services with an undisclosed operator. This award underscores the
Aker BP has successfully secured a marginal equity increase in the giant Johan Sverdrup field following a formal redetermination process among the unit's partne
Indian Foreign Minister S. Jaishankar has publicly criticized Western nations for geopolitical hypocrisy regarding sanctions on Russian crude. Since the 2022 in
Equinor has secured regulatory approval from the Norwegian Offshore Directorate for a targeted plugging and abandonment (P&A) campaign in the North Sea using th
Crude oil benchmarks experienced a sharp downward correction as market participants aggressively priced out the geopolitical risk premium previously associated