News

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

Rigzone·Jun 17·1 min read

Iberdrola Raises $1.7B from Debt Instrument Sale

Spanish utility giant Iberdrola has successfully tapped the debt capital markets to secure $1.7 billion, demonstrating robust investor appetite for large-scale energy transition financing. This capita

Encomara’s subsea installation technology for floating wind gets ABS design approval

The American Bureau of Shipping (ABS) has granted Product Design Assessment (PDA) certification to Encomara's 'Squid' subsea connector, a proprietary technology

Offshore Energy·Jun 17

First Iranian Oil Moves Past U.S. Blockade Ahead of Deal Signing

Iran has initiated its first crude oil exports in sixty days, successfully navigating past the U.S. naval blockade outside the strategic Strait of Hormuz. This

OilPrice·Jun 17

Oil gushes out of fourth well at subsea tie-back in Brazilian waters

Brazilian independent operator PRIO has successfully commercialized the fourth production well in its Frade field revitalization campaign via an efficient subse

Offshore Energy·Jun 17

Kosmos Energy trims oil & gas portfolio with sale of assets off Equatorial Guinea

Kosmos Energy has finalized the sale of its non-operating interests in Equatorial Guinea's offshore block to Panoro Energy, marking a strategic portfolio optimi

Offshore Energy·Jun 17
Jun 17

Global Gas Markets Get Another Boost as Australian LNG Strike Ends

Jun 17

DFC, I Squared to Form $3B Platform to Expand US Energy Reach in Asia

Jun 17

Oil steadies near three-month low amid US-Iran pact

Jun 17

PDVSA and Repsol sign deal to boost oil and gas output in Venezuela

Jun 17

Qatar Prepares LNG Comeback Ahead of Hormuz Reopening

Jun 17

ECOnnect tasked with jettyless transfer solution for Colombia’s new LNG terminal

Jun 17

EnerMech delivers offshore pipeline scope for ExxonMobil Australia

Jun 17

China’s Gasoline Car Market Is Crashing as Fuel Prices Surge

Jun 17

Transocean rig pair lines up two drilling jobs in Norway and Australia

Jun 17

Norwegian firm rigging vessel for CSEM campaign