News

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

All ENI ExxonMobil TotalEnergies Shell Chevron Aphrodite Glaucus
Offshore Energy·Mar 13·1 min read

US scoops up nearly $47M in high bids for second Gulf of America oil & gas lease sale

The U.S. Bureau of Ocean Energy Management (BOEM) recently concluded the second of thirty planned oil and gas lease sales in the U.S. Gulf of Mexico, attracting nearly $47 million in high bids from a

Chevron CorporationShell plc

Oil Drillers Resort to Trucks as California Pipe Idled

Oil producers in central California are currently facing significant logistical and financial challenges, compelled to transport crude oil via trucks over 50 mi

Rigzone·Mar 13

Worley secures contract from Chevron for Aphrodite gas field FEED

Worley has secured a significant contract from Chevron Cyprus to undertake the Front-End Engineering Design (FEED) and procurement services for the Aphrodite Fi

Offshore Technology·Mar 13·Chevron CorporationAphrodite

TotalEnergies restarts production at Mabruk oilfield in Libya

TotalEnergies has successfully brought the onshore Mabruk oilfield in Libya back online, following the installation and commissioning of a new production unit.

Offshore Technology·Mar 13·TotalEnergies SE

Banks Hike Oil Price Forecasts, and Some See $150 Crude

Investment banks are significantly elevating their crude oil price projections, with some now anticipating prices could reach $150 per barrel or higher. This up

OilPrice·Mar 13
Mar 13

EAC workers to stage three-hour stoppage next week as unions warn of escalation

Mar 13

FEED contract marks step forward in Mediterranean’s first CO2 storage project

Mar 13

‘Largest and heaviest’ part of $5.1B LNG development reaches Canadian shores (Gallery)

Mar 13

Global Energy Markets in Crisis as War Chokes Supply Chains

Mar 13

DOI Announces Results of BBG2 Lease Sale

Mar 13

South Korean player taps France’s GTT for LNG carrier tank design

Mar 13

N-Sea’s hybrid, biofuel-ready vessel starts sea trials

Mar 13

Fuel prices in Cyprus jump as diesel rises 15.2 cents in two weeks

Mar 13

Petronas Makes Discovery offshore East Java

Mar 13

Seadrill’s CCO steps into CEO role