News

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

Offshore Energy·Jun 23·1 min read

Prysmian lands €910 million job for Greek island grid interconnections

Italian cable manufacturing giant Prysmian has clinched a major €910 million framework agreement with Greece's grid operator, IPTO, to link several Aegean islands to the mainland power grid. This mass

Analysts Project Oil, Gas Market Evolution to 2050

Fitch Solutions' research unit, BMI, has released a comprehensive long-term outlook mapping the trajectory of global oil and gas markets up to 2050. This projec

Rigzone·Jun 23

Perenco, Partners Ink Gas Sales Agreement for Vietnam Project

The signing of the Gas Sales Agreement (GSA) for the Su Tu Trang Phase 2B project marks a critical milestone in Vietnam's domestic energy strategy, securing a l

Rigzone·Jun 23

Uzbekistan Woos More Western Gas Investors

Uzbekistan is aggressively pivoting its energy diplomacy toward Western majors, capitalizing on a landmark agreement with BP to attract further European and Ame

Rigzone·Jun 23

Murphy Oil makes oil discovery offshore Côte d’Ivoire

Murphy Oil's recent offshore discovery in Côte d’Ivoire marks a significant milestone for the West African deepwater frontier, signaling a successful expansion

Offshore Energy·Jun 23
Jun 23

Murphy Oil discovers oil at Bubale-1X well offshore Côte d’Ivoire

Jun 23

Azule and partners sanction $5.1bn Greater PAJ offshore Angola

Jun 23

Petrobras orders four new tankers for $427 million

Jun 23

Iran Quickly Pursues Top Oil Importers after US Waiver

Jun 23

Green light for Prysmian to construct first interconnector between Europe and Africa

Jun 23

UK Has Enough Electricity for Winter Despite Energy Market Turmoil

Jun 23

Saipem wins $1 billion contract for Eni and BP’s recently sanctioned project

Jun 23

Oil Prices Continue to Slide as Peace Talks Progress

Jun 22

Half-Open, Half-Closed Strait of Hormuz Baffles Oil Markets

Jun 22

The Hormuz Threat Oil Markets Are Ignoring