News

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

Offshore Energy·Feb 16·1 min read

Deck carrier capable of transporting XXL offshore energy components goes on maiden voyage

Dajin Heavy Industry has introduced the first of a new class of 40,000 DWT deck carriers, specifically designed for transporting exceptionally large offshore energy components. This maiden voyage mark

Eco Wave Power enters deal for potential financing of global wave energy projects

Eco Wave Power, a developer of onshore wave energy technology, has secured a Letter of Intent with Wavefront Asset Management for potential financing of its glo

Offshore Energy·Feb 16

Mitsotakis: Greece is making major strides in energy sector

Greece has advanced its energy strategy by formally signing concession agreements for hydrocarbon exploration in four key offshore areas south of Crete and the

Naftemporiki·Feb 16·Chevron Corporation

Chevron-Led Group Seals Offshore Gas Exploration Deals in Greece

A consortium spearheaded by Chevron has secured exclusive rights for offshore natural gas exploration in southern Greek waters. This development marks a signifi

Offshore Engineer·Feb 16·Chevron Corporation

1990-built FPSO to keep working in Vietnam until end of 2027

A joint venture between Malaysia's MISC Group and Vietnam's PetroVietnam Technical Services has secured an extension for a 1990-built Floating Production Storag

Offshore Energy·Feb 16
Feb 16

Greece Signs Hydrocarbon Exploration Agreements With Chevron–Helleniq Energy

Feb 16

US grants two licences to global companies in Venezuela oil sector

Feb 16

Azule Energy strikes oil at Algaita-01 well in Angola’s Block 15/06

Feb 16

Equinor, Petoro and OMV get lucky in waters off Bergen

Feb 16

U.S. Forces Board Another Tanker in Expanding Venezuela Oil Crackdown

Feb 16

Aker Solutions lands major five-year contract for key Aker BP assets off Norway

Feb 16

Caturus’ Commonwealth LNG secures 20-year SPA with Aramco Trading

Feb 16

Hungary Asks Croatia to Allow Russian Crude Shipments

Feb 16

U.S. Natural Gas Prices Continue to Slide as Warmer Weather Looms

Feb 16

Cyprus achieves rare ‘decoupling’ of economic growth and emissions