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

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Offshore Energy·Apr 6·1 min read

Ten workers suffer injuries as fire breaks out at Asian offshore oil platform

A fire broke out at an offshore oil platform operated by India's ONGC, resulting in injuries to ten workers. The incident raises concerns about safety protocols and operational risks in offshore oil a

Seadrill’s drillship staying 1,095 days longer with Petrobras

Petrobras has extended the contract for Seadrill's ultra-deepwater drillship by 1,095 days. This extension signifies continued investment in offshore drilling a

Offshore Energy·Apr 6

Lion Energy signs rig contract for Bula Karang-1 exploration well

Lion Energy has contracted Silver City Drilling to utilize the SCD-20 rig for drilling the Bula Karang-1 exploration well in Indonesia's East Seram PSC. This ag

Offshore Technology·Apr 6

Petronas Says It's on Alert over Fuel Supply in Malaysia

Petronas, Malaysia's national oil company, has stated that Malaysia is not entirely protected from fuel supply disruptions stemming from the conflict in the Mid

Rigzone·Apr 6

Oil Market Weighs Early Signs of Potential De-Escalation

Reports suggest a potential agreement between the US and Iran to de-escalate tensions and reopen the Strait of Hormuz. This news has eased supply concerns in th

Rigzone·Apr 6
Apr 6

Oil Majors Eye US Gulf Deepwater Field Stake

Apr 6

Oil prices steady as markets weigh Gulf supply risks

Apr 6

Part of fuel subsidy ‘not passed on to consumers’, watchdog says

Apr 6

Transocean secures $1bn contracts in Norway and Brazil

Apr 6

Vessel detained under suspicion over Baltic Sea oil spill is on EU sanctions list

Apr 6

Nearly 50 Qatar LNG Tankers Sit Idle Across Asia

Apr 6

EXIM rubber-stamps over $2 billion for US LNG export to Egypt

Apr 6

Iraq Scrambles to Stabilize Exports as Iran Grants Passage

Apr 6

Asian multi-well drilling campaign bumped to May