News

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

Offshore Technology·Feb 20·1 min read

Turan wins bp contract renewal for Caspian platforms

Turan Drilling & Engineering, a joint venture between Azerbaijan's SOCAR AQS and US-based Helmerich & Payne, has secured a crucial long-term contract renewal from bp for offshore operations and mainte

Tullow dishes millions to buy FPSO deployed in West Africa

Tullow Ghana Limited (TGL), a subsidiary of UK-based Tullow Oil, is moving to acquire a Floating Production, Storage, and Offloading (FPSO) vessel currently ope

Offshore Energy·Feb 20

Gran Tierra to enter Azerbaijan with SOCAR agreement

Canadian upstream operator Gran Tierra Energy has formalized an agreement with Azerbaijan's state oil company, SOCAR, to engage in exploration and development a

Offshore Technology·Feb 20

Cyprus launches €363m in grants to boost business liquidity

The Cypriot government has unveiled a substantial €363 million package of grant schemes aimed at bolstering business liquidity and enhancing access to crucial f

Cyprus Mail·Feb 20

€17.5M investment to expand EMEC’s tidal energy test facilities

The European Marine Energy Centre (EMEC) has secured a significant £15 million (approximately €17.5 million) investment to expand its tidal energy test faciliti

Offshore Energy·Feb 20
Feb 20

ExxonMobil Reviews Gas Mix at Guyana’s Stabroek Block Amid Expansion Plans

Feb 20

Shell to Push Ahead on Dragon Natural Gas Project After US License Shift

Feb 20

Consortium selected to lead Vietnam’s largest LNG power project

Feb 20

Shell Moves Ahead With Venezuela Gas Project After U.S. Sanctions Relief

Feb 20

Saudi Oil Catches Up as India Buyers Navigate Russia Sanctions

Feb 20

Greece and Turkey Clash Over Chevron Deal South of Crete

Feb 20

Oil Prices Head for First Weekly Gain Since January on Iran Tensions

Feb 20

Libya’s Oil Licensing Round Fails to Deliver Promised Comeback

Feb 20

Civil War-Torn Sudan Sits On Unexplored Mineral Riches Worth Billions

Feb 19

Trump’s Energy Dominance Clashes with Soaring Bills at Home