News

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

Offshore Technology·Feb 25·1 min read

Shell and METLEN sign MoU for LNG supply cooperation

Global energy major Shell and Greek industrial conglomerate METLEN have formalized a Memorandum of Understanding to collaborate on the supply and trading of Liquefied Natural Gas. This strategic partn

Kosmos signs deal to divest Equatorial Guinea assets to Panoro

Kosmos Energy is strategically divesting its non-operating interests in the Ceiba Field and Okume Complex offshore Equatorial Guinea to Panoro Energy for a subs

Offshore Technology·Feb 25

Technip Energies-led JV nets ‘major’ LNG contract with QatarEnergy

A joint venture led by Technip Energies, in partnership with Consolidated Contractors Company (CCC), has been awarded a significant engineering, procurement, an

Offshore Energy·Feb 25·Qatar Energy

Cyprus annual inflation slows to 1.2 per cent as energy prices fall

Cyprus experienced a significant deceleration in its annual inflation rate to 1.2% in January 2026, primarily driven by a notable decline in energy costs. This

Cyprus Mail·Feb 25

EIA Sees USA Energy Demand Under 2025 Levels for Next 2 Years

The U.S. Energy Information Administration (EIA) has projected that total energy consumption in the United States will remain below 2025 levels for both 2026 an

Rigzone·Feb 25
Feb 25

Allseas takes delivery of new cargo barge for offshore platform transport

Feb 25

Critical HV components under construction in Türkiye for second Malta-Italy link

Feb 25

Worley hops on board Denmark’s national hydrogen transmission network

Feb 25

Kongsberg Maritime equipment ordered for South Korean cable laying vessel

Feb 25

Lufkin wins RDPCP contract from Petroleum Development Oman

Feb 25

Shell, METLEN Sign LNG Supply and Trading Deal

Feb 25

Kashagan partners take Kazakhstan to arbitration over $4.6bn fine

Feb 25

Kosmos Energy Sells Producing Assets in Equatorial Guinea

Feb 25

Cyprus repeats support for Ukraine at UN general assembly