News

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

OilPrice·Aug 28·1 min read

Qatar Extends Force Majeure as Hormuz Crisis Still Blocks LNG Traffic

State-owned QatarEnergy has prolonged its declaration of force majeure on liquefied natural gas exports as maritime security bottlenecks at the Strait of Hormuz continue to curtail vessel movements. W

Viridien’s new reimaging mission bolstering US Gulf exploration drive

Geophysical technology provider Viridien (formerly CGG) has expanded its advanced seismic reprocessing campaign across the deepwater Walker Ridge protraction ar

Offshore Energy·Aug 28

Mitico Declares Success at Thai Refinery Carbon Capture Demo

California-based climate technology firm Mitico has finalized the field trial of its novel point-source carbon capture technology at a refinery site in Thailand

Rigzone·Aug 28

Goldman Says Gulf Oil Exports at 2/3 of Pre-War Level

Crude and petroleum shipments originating from the Persian Gulf have rebounded to approximately 66% of their baseline volumes observed prior to recent regional

Rigzone·Aug 28

Oil Selloff Outruns Reality in Hormuz

Crude benchmarks experienced a sharp weekly decline as algorithmic and speculative selling priced out the immediate geopolitical risk premium in Middle Eastern

OilPrice·Aug 28
Aug 28

BP wraps up Caspian Sea platform turnaround ahead of schedule: Production ramp-up underway

Aug 28

Cyprus gas could fuel Egypt’s LNG comeback

Aug 28

Texas Oil Co Starts 92 Well New Mexico Drilling Program

Aug 28

Futura combines marine engineering, cable logistics and vessel services

Aug 28

L&T taps Technip Energies for engineering work on ADNOC’s major offshore gas project

Aug 28

Energean plans to buy bp’s Egyptian oil and gas assets for $1bn

Aug 28

Acerta to expand liquids-rich Alberta production with Astara deal

Aug 28

18-km pipeline installation and platform upgrades boost Gulf of Suez field

Aug 28

CNOOC 'Will Spare No Effort' to Boost Reserves, Output in 2H

Aug 28

Encomara’s Squid floating wind connection system reaches commercialization