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

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Offshore Technology·Sep 4·1 min read

Bass Oil confirms new oil pay at Bunian 6 in Indonesia

Bass Oil has encountered multiple hydrocarbon-bearing zones at its Bunian 6 development well within the onshore South Sumatra Basin, marking an operational success for the Australian junior operator.

MISC explores consortium role in potential Yinson privatization

Malaysian maritime and offshore giant MISC Berhad is considering joining a consortium to take offshore infrastructure specialist Yinson Holdings private. This p

Offshore Energy·Sep 4

Vaca Muerta Estimated to Hold 9B Barrels of Sub $55 Oil Resource

Recent upstream evaluations indicate that Argentina's prolific Vaca Muerta shale play harbors approximately 9 billion barrels of crude oil commercially recovera

Rigzone·Sep 4

First US LNG cargo puts Equinor on course to double global portfolio by decade-end

Equinor has lifted its inaugural liquefied natural gas cargo from the United States under long-term sales and purchase agreements with Cheniere Energy, marking

Offshore Energy·Sep 4

Shell Completes Acquisition of Montney Major ARC

Shell has finalized the takeover of Canadian Montney unconventional operator ARC Resources in an all-cash and debt transaction valued at approximately $16.5 bil

Rigzone·Sep 4·Shell plc
Sep 4

WATCH: 24-meter USV performs first fully remote project

Sep 4

Three-fold resource surge sharpens focus on Tetragon’s gas play offshore Philippines

Sep 4

ADNOC Keeps Loading LNG Tankers in Gulf

Sep 4

UK subsea contractor’s fleet grows with another SMD ROV

Sep 3

Iran Strikes Keep Oil Near $91

Sep 3

Texas Oil Regulator Hails 'Oil Theft Bust'

Sep 3

Woodside, PEMEX to Explore More Oil offshore Mexico

Sep 3

Asia Oil Buying Spree Sends ME Crude Prices Soaring

Sep 3

Keeping fuel options open as uncertainty drives tri-fuel-ready tanker concept

Sep 3

Iraq Hikes Oil Exports via Hormuz in Boon for Asian Refiners