Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.
ExxonMobil and QatarEnergy have signed a Memorandum of Understanding (MoU) with Egypt to study the development of gas resources in Cyprus. This agreement signals a collaborative effort to explore and
The article indicates a growing consensus among oil market participants that crude oil prices will be capped near $100 per barrel through 2026. This suggests a
Borr Drilling, a jack-up rig specialist, has secured 13 contracts this year, adding 2,250 days and $274 million to its backlog. The CEO believes the Middle East
BP has acquired three new exploration blocks in Indonesia, two of which are strategically located near the Tangguh LNG facility in Papua Barat. This move signal
The US Department of Interior (DOI) reported over $4 billion in receipts from a Bureau of Land Management (BLM) oil and gas lease sale in New Mexico and Texas.