Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.
McDermott has secured a pivotal contract from QatarEnergy to undertake the definition engineering for Qatar's inaugural offshore decommissioning project. This development signifies a critical step for
Equinor Brasil has secured a one-year extension for the ultra-deepwater drillship West Saturn from Seadrill, signaling continued investment in its Brazilian dee
TGS, a Norwegian energy data and intelligence firm, has signed a preliminary agreement to conduct multi-client data operations in Libya. This development signal
Chevron experienced a notable decline in its financial performance during the final quarter of 2025, with net income falling by 12.5% compared to the same perio
OPEC+ has opted to maintain its current crude oil production levels until March of this year, foregoing any output increases. This decision, framed by the group