News

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

Offshore Energy·Jun 5·1 min read

Hanwha Ocean taps GTT for LNG carrier tank design

South Korea's Hanwha Ocean has contracted French engineering firm GTT to design the membrane containment system for a new liquefied natural gas carrier (LNGC). This collaboration underscores the susta

Sempra, TotalEnergies up LNG ante at Mexico’s Pacific Coast with project start-up

Sempra Infrastructure and TotalEnergies have successfully initiated first LNG production at their Energía Costa Azul (ECA) liquefaction facility in Baja Califor

Offshore Energy·Jun 5·TotalEnergies SE

Norway Averts Offshore Strike as Workers and Industry Reach Deal

Norway's offshore sector has successfully averted a major labor disruption after energy operators and trade unions secured a last-minute wage agreement during s

OilPrice·Jun 5

Skirmishes in Lebanon as Hezbollah Rejects Mideast Truce

The ongoing military friction between Israel and Hezbollah, despite a marginal reduction in high-intensity strikes on major urban centers, continues to cast a s

Rigzone·Jun 5

Indian Companies Eye Venezuelan Oil Fields as Imports Surge 51% in a Month

India's strategic move to deepen its energy footprint in Venezuela marks a significant shift in global crude flows as New Delhi seeks to diversify its import ba

OilPrice·Jun 5
Jun 5

Viridien names new CEO after eight years

Jun 5

SBM Offshore to sell 45% stake in Chalchi FSO to NYK

Jun 5

Oman Oil Terminal Attack Rattles the Market's Last Calm Corner

Jun 5

North Dakota Chases A Second Bakken Boom Through Enhanced Recovery

Jun 4

Brazil, Guyana, Venezuela Fuel South America’s Oil Export Boom

Jun 4

Oil Retreats on Truce Optimism

Jun 4

A New U.S. Battery Line Designed to Make Energy Storage Safer and Cheaper

Jun 4

Iran's Oil Exports Collapse to Six-Year Low as Blockade Tightens

Jun 4

Venezuela’s Debt Overhaul Faces New Controversy

Jun 4

U.S. Oil Shocks Don't Hit Like They Used To, Fed Study Finds