News

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

Offshore Energy·Jun 1·1 min read

TGS wins ‘large and high-end’ 4D streamer contract in Angola

TGS, a Norwegian energy data and intelligence provider, has been awarded a significant 4D streamer contract in Angola. This award signifies continued investment in offshore exploration and production

French Navy Seizes Russia-Linked Tanker in the Atlantic

The French Navy seized the Russia-linked oil tanker Tagor in the Atlantic Ocean. The vessel was reportedly under international sanctions, as stated by French Pr

OilPrice·Jun 1

Rig market consolidation continues with Vantage Drilling-Eldorado merger

Vantage Drilling and Eldorado Drilling are merging, aiming to create a stronger offshore drilling entity. The merger is anticipated to enhance drilling capabili

Offshore Energy·Jun 1

Danish Shipyard Remains Key Lifeline for Russia’s Yamal LNG Fleet

A Danish shipyard, Fayard, is reportedly the only EU facility providing dry dock services to LNG carriers transporting gas from Russia's Yamal LNG terminal, acc

OilPrice·Jun 1

Fresh Clashes as Iran, US Trade Truce Terms

President Trump expressed optimism about interim peace talks with Iran despite renewed clashes near the Strait of Hormuz. The ongoing tensions and potential for

Rigzone·Jun 1
Jun 1

Early works starting for project that will link Western Isles to UK transmission network

Jun 1

Dutch LNG terminal eyes 2036 horizon as Gasunie, Vopak back conditional lifeline extension

Jun 1

Oil Prices Rise as Israel Expands Lebanon Offensive and U.S. Strikes Iran

Jun 1

Key equipment for second Malta-Italy link ready for its final destination

Jun 1

Goldman Sachs Sees Oil Demand Destruction Offsetting Supply Shock Risks

Jun 1

Greece is poised to become energy gateway for southeast Europe and the East Med

May 31

The Iran War’s First 90 Days Upended Energy Markets

May 31

Mitsui Eyes LNG Expansion as Data Centers Drive Power Demand

May 31

Turkey moves forward with plans for two-way gas pipeline to occupied areas

May 30

China’s Oil Buying Pause Won’t Last Forever