News

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

Offshore Technology·Aug 21·1 min read

Corinth Pipeworks wins Rovuma LNG pipe contract

Greece-based Corinth Pipeworks has secured a major linepipe supply contract for the first phase of the Rovuma LNG development in Mozambique. This deal reinforces the manufacturer's growing footprint i

ONGC, Transocean sign LoA for Dhirubhai drill-ship in India

India's state-backed upstream major ONGC has secured Transocean's ultra-deepwater drillship, Dhirubhai Deepwater KG2, under a binding two-year agreement for off

Offshore Technology·Aug 21

Dangote Offers East African States 30 Pct Stake in Planned Refinery

Nigerian industrial conglomerate Dangote Group has extended an invitation to East African nations to acquire a 30 percent equity interest in a major refinery de

Rigzone·Aug 21

Cyprus urged to see GSI as strategic infrastructure, not just a cost

Cyprus is being advised by senior energy regulatory experts to shift its evaluation of the Great Sea Interconnector (GSI) from an immediate fiscal liability to

Cyprus Mail·Aug 21

Various Tankers Shuttle Saudi Oil North to Evade Houthis

International tanker operators, including South Korea's Sinokor Group, are adapting logistics to move Saudi Arabian crude northward through the Red Sea rather t

Rigzone·Aug 21
Aug 21

TechnipFMC’s first 7-in. Subsea 2.0 tree goes to Chevron in Australia

Aug 21

China’s Oil Imports Set to Rebound as Refiners Hunt for New Supply

Aug 21

Continental signs HoA for 50% stake in Phoenix from Mercuria

Aug 21

Oil Prices Head for Second Straight Weekly Gain as Iran Risks Mount

Aug 21

Brazil’s New Oil Frontier Could Keep Its Boom Alive For Decades

Aug 20

Iran Tensions Push Oil Near $94

Aug 20

Europe’s Energy Reserves Worked. The Next Test Will Be Harder

Aug 20

Continental to Buy 50 Pct of Mercuria Argentina Oil Firm

Aug 20

China Is Squeezing India Out of Russia’s Oil Trade

Aug 20

Norway’s Oil Output Falls Nearly 200,000 Bpd as Gulf Supply Crisis Drags On