Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.
Samsung Heavy Industries has selected GTT for the tank design of a new LNG carrier. This continues the trend of collaboration between Korean shipbuilders and GTT for LNG containment systems, crucial f
The U.S. Energy Information Administration (EIA) has revised its Brent crude oil price forecast upwards to $96 per barrel for 2026. This adjustment suggests an
The Norwegian Offshore Directorate (NOD) is focusing on enhanced oil and gas recovery (EOR) projects to increase production on the Norwegian Continental Shelf (
BP anticipates 'exceptional' oil trading results for Q1 2026 due to a high-price environment. The company expects increased discrepancies between benchmark pric
NoviOcean, a Swedish company, is considering deploying its hybrid offshore renewable energy platform in Costa Rica. This move signifies a continued push towards