Cyprus-based offshore drilling services company SD Standard Drilling (SDSD) said that Standard Supporter, one of five large platform supply vessels (PSVs), has on 21 January commenced on a well contract, at levels well above operating cost…
Cyprus based marine seismic player SeaBird Exploration said it has been awarded a contract to acquire 2D seismic data for an international oil and gas company in the Americas region.The survey is due to commence during the second quarter of 2019 and is estimated to run for approximately two months…
Turkey warned energy companies on Sunday against working with the Greek Cypriot government in carrying out exploratory drilling in the eastern Mediterranean, saying such activities could damage regional stability.The eastern Mediterranean is believed to be rich in natural gas…
Turkey will not allow the exploitation of gas reserves in Turkish and north Cypriot waters of the eastern Mediterranean, President Tayyip Erdogan said on Sunday.The eastern Mediterranean is believed to be rich in natural gas, and attempts to…
Turkey has completed the purchase of its second drilling ship, which will operate in the Black Sea at the north of the country, Energy Minister Fatih Donmez said on Friday.Turkey is almost completely reliant on imports to meet its energy needs…
The government of Cyprus has invited companies to bid on a new energy exploration zone off the coast of Cyprus, said a report in Kathimerini News.The country decided to only permit energy companies already part of the Cypriot Exclusive Economic Zone to bid on the project…
Turkey's state-run Anadolu news agency said on Thursday that the navy had stopped a Greek frigate from harassing a Turkish ship in the Mediterranean. It did not give further details.Turkey, Greece and Cyprus's internationally recognized Greek…
A Turkish energy exploration ship will continue to operate in the Mediterranean Sea, the energy minister said on Friday, after Ankara said the navy stopped a Greek frigate from harassing the ship due to territorial disputes.Turkey, Greece and…
New World Supply, where S.D. Standard Drilling (SDSD) has an ownership of 26.2 percent, has completed a sale of two of its six medium sized platform supply vessels (PSVs).According to the Cyprus-based company that offers offshore drilling services to the oil and natural gas exploration industry…
Senegal and Mauritania are set for a raft of activity as two major projects move towards putting both countries on the deepwater map, while Cyprus waits in the wings. Elaine Maslin reports. (First published in the December 2017 OE.) Rokhaya Diallo Gunning…
Eni and partner Total are targeting drilling on Block 6 offshore Cyprus by the end of this year, the Italian major has said. It will be just nine months after the signature of the Block 6 exploration and production sharing contract (EPSC)…
Rosneft and partner Eni have spud the Maria-1 exploration well in the Zapadno-Chernomorskaya licence area in the Black Sea. The license is estimated to hold oil in place of over 570 million tons, Rosneft reported on 20 December. To prepare for drilling…
Cyprus' Ministry of Energy, Commerce, Industry and Tourism has said Total's Onesiphoros West 1 exploration well offshore Cyprus had gas shows in a carbonate reservoir but not in commercial quantities. Despite being non-commercial, the government said the discovery was 'highly positive…
Lebanon views its potential offshore gas resources as key to meeting its domestic energy demand. However, current conflicts may keep Lebanon’s offshore oil and gas industry off the starting block. Karen Boman reports. Open…
Major offshore drilling contractor Transocean has moved to purchase Cyprus-headquartered Songa Offshore in a US$3.4 billion deal, the two companies announced today (15 August). Transocean expects the merger to close in Q4 2017. The Songa Endurance…
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