News

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

OilPrice·Jun 9·1 min read

Morgan Stanley Sees Asian LNG Prices Soaring to 3.5-Year High

Morgan Stanley's projection of Asian LNG prices hitting a 3.5-year high by late 2026 highlights a tightening global gas market driven by structural demand shifts. This anticipated price surge reflects

Oil Gives Back Most of Monday Gains

Crude oil prices quickly retraced their previous session's gains as market participants shifted focus back to persistent demand headwinds and rising non-OPEC su

Rigzone·Jun 9

BP awards SLB OneSubsea boosting contract for Thunder Horse

BP's decision to award SLB OneSubsea a subsea boosting contract for the Thunder Horse field represents a strategic move to maximize recovery rates from one of t

Offshore Technology·Jun 9

H2DO launches offshore wind-to-hydrogen study in Dutch North Sea

The Hydrogen of Dutch Origin (H2DO) consortium has initiated a comprehensive feasibility study to evaluate the integration of offshore wind power with green hyd

Offshore Energy·Jun 9

Eni, Petronas launch Searah JV for Indonesian and Malaysian assets

The creation of the Searah joint venture by Eni and Petronas represents a major consolidation of upstream gas assets in Southeast Asia, aimed at maximizing oper

Offshore Technology·Jun 9·ENI S.p.A.
Jun 9

The Oil Shock Is Weakening India’s Economy and Finances

Jun 9

Another European deal for Canadian LNG project as talks with Uniper advance

Jun 9

Saipem’s heavy lifting and pipe-laying vessel gearing up for work on €4B Black Sea gas project

Jun 9

Giant Oil Supertanker Orders Eclipse Record

Jun 9

TGS secures new offshore wind site characterization contract in Europe

Jun 9

Noble’s giant semi-sub rig scores new drilling gig with BP in UK waters

Jun 9

Asia Is in the Eye of the Energy Crisis

Jun 9

BP tasks OneSubsea with subsea boosting at deepwater project in US Gulf

Jun 9

China’s Oil Imports Plummet to Eight-Year Low

Jun 9

Technip and partners win EPCIC contract for Coral Norte FLNG project