News

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

Rigzone·Mar 12·1 min read

USA Eyes Hormuz Escorts by April

The United States Navy is reportedly preparing to commence escort operations for commercial tankers transiting the Strait of Hormuz by the end of April. This move, announced by Energy Secretary Chris

Average USA Gasoline Price Nears $3.6 Per Gallon

The average price for regular gasoline across the United States is approaching $3.60 per gallon, reaching $3.598 as of March 12. This price point reflects the o

Rigzone·Mar 12

Norwegian shipowner offloads another 2016-built vessel

Norwegian offshore vessel operator Golden Energy Offshore Services (GEOS) has initiated the sale of one of its 2016-built platform supply vessels (PSVs). This m

Offshore Energy·Mar 12

Shell’s Mediterranean gas drilling ops lead to ‘encouraging initial indications’

Shell has reported promising initial findings from its recent gas exploration drilling off the coast of Egypt, utilizing a drillship from Stena Drilling. This d

Offshore Energy·Mar 12·Shell plc

TotalEnergies begins production at Lapa South-West project

TotalEnergies has successfully initiated oil production at its Lapa South-West development, located in the prolific deepwater Santos Basin offshore Brazil. This

Offshore Technology·Mar 12·TotalEnergies SE
Mar 12

ExxonMobil Seeks to Move Legal Address to Texas

Mar 12

Govt ready to intervene over any unfair fuel price hikes, says minister

Mar 12

Aquaterra performs ‘first-of-its-kind’ repair work on North Sea platform

Mar 12

WATCH: DeepOcean prepares Glomar vessel for survey and IMR work

Mar 12

Fresh offshore hydrocarbon discovery emerges in Southeast Asia

Mar 12

US LNG project sets the stage for FID with EPC deal out of the way

Mar 12

NATO build-up near Cyprus fuels tension, not security, Russian ambassador says

Mar 12

EIG’s MidOcean boosts its stake in giant Australian LNG project

Mar 12

Oil Market Shrugs Off 400MM Barrel IEA Reserve Release

Mar 12

IEA nations to release 400mbbl of oil amid Middle East crisis