News

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

Offshore Technology·May 29·1 min read

The US/Israel-Iran conflict has fundamentally changed oil supply chains

The article discusses how a hypothetical closure of a strait, potentially due to the US/Israel-Iran conflict, would severely disrupt global oil supply chains. This disruption would cripple Gulf oil ex

Omega Subsea and AGR establish North Sea ROV and survey collaboration

Omega Subsea and AGR, both based in Norway, have formed a long-term partnership focused on providing ROV (Remotely Operated Vehicle) and survey services in the

Offshore Energy·May 29

First European LNG deal for Canada’s multibillion-dollar project

A Canadian LNG project, designed to export LNG to Asia, has secured its first agreement with a European buyer. This marks a significant development as it divers

Offshore Energy·May 29

Saudi Arabia Expected to Slash Oil Prices Again

Saudi Arabia is anticipated to further reduce official selling prices (OSPs) for crude oil destined for Asia in July. This decision is driven by softening deman

OilPrice·May 29

SLB, Vår Energi to enhance digital field planning on NCS

SLB and Vår Energi are deepening their partnership to improve digital field planning for oil and gas operations on the Norwegian Continental Shelf (NCS). This c

Offshore Technology·May 29
May 29

African oil & gas block’s farm-out one approval shy of completion

May 29

Equinor picks DeepOcean for multi-field subsea projects on NCS

May 29

China’s Export Prices Jump as Oil Shock Hits Factory Costs

May 29

KN Energies picks up job on European FSRU project

May 29

WATCH: Onshore cabling completed for Ireland’s first direct energy link to Europe

May 29

Canada’s Trans Mountain Pipeline Moves Toward Another Capacity Increase

May 29

DeepOcean wins subsea contract package with Equinor

May 29

South African Port Authority Inks Deal for Regasification Project

May 29

Norway Campaigning for Withdrawal of EU Arctic Drilling Pause

May 29

Cheniere awards EPC contract to Bechtel for SPL Expansion Phase 1