News

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

Offshore Technology·Sep 16·1 min read

Halliburton wins well services contract for Eni’s Cronos project

Italian major Eni has contracted oilfield services giant Halliburton to deliver integrated well construction and completion solutions for the Cronos gas development in offshore Cyprus. This contract a

Saudi Pipeline Outage Hits an Oil Market Running Out of Buffers

An unexpected outage across crucial Saudi pipeline infrastructure has intensified supply vulnerabilities across an increasingly strained global crude market. Wi

OilPrice·Sep 16

Hormuz Risk Opens $40-Plus Price Gap Between Crude Grades

Escalating security risks along the Strait of Hormuz have triggered an unprecedented pricing divergence exceeding $40 per barrel between Persian Gulf crude grad

OilPrice·Sep 15

U.S. Oil Inventories Jump as Cushing Stocks Keep Falling

Recent data from the American Petroleum Institute revealed an unexpected surge of over 7.1 million barrels in domestic commercial crude reserves, sharply revers

OilPrice·Sep 15

TotalEnergies Expands AI Collaboration with Mistral into Exploration

TotalEnergies has deepened its partnership with French artificial intelligence pioneer Mistral AI to integrate generative frontier models directly into its upst

Rigzone·Sep 15·TotalEnergies SE
Sep 15

Valeura advances Gulf of Thailand expansion with PTTEP farm-in approval

Sep 15

Santos agrees LNG arrangements with POSCO and Ksi Lisims

Sep 15

Santos broadens Asia-Pacific LNG portfolio with Canadian supply and 10-year POSCO deal

Sep 15

Borr Drilling keeps three jack-up rigs as it reorganizes Mexico ops with stake sale

Sep 15

Australia's Energy Minister Heads to Saudi Arabia for Pipeline Answers

Sep 15

What Does the Yanbu Outage Mean?

Sep 15

Wood secures $200m contract from ExxonMobil for PNG LNG project

Sep 15

Saipem wins $350m offshore contract from Azule Energy Angola

Sep 15

Santos Signs Long-Term LNG Agreements

Sep 15

UK Oil and Gas Group Says Earlier Tax Shift Could Raise £14.9 Billion