1968 results found for 'cygnus'

1968 results found for 'cygnus'
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  • New oil & gas UK offshore hub for Serica with TotalEnergies’ assets in the bag

    26 March 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    UK-based upstream oil and gas player Serica Energy has wrapped up the acquisition of an interest in West of Shetland gas fields and assets from France’s energy giant TotalEnergies. The move expands the British player’s footprint on the UK Continental Shelf (UKCS).

  • First subsea contract with Eni takes McDermott to Cyprus

    8 September 2026
    Business & Finance, Business Developments & Projects, Exploration & Production, Outlook & Strategy, Project & Tenders

    U.S. offshore engineering and construction player McDermott has secured its first subsea contract with Eni for the first gas development in Cyprus. Operated by Eni and located in deep offshore waters approximately 185 kilometers southwest of the coast of Cyprus, in offshore Block 6, Cronos was discovered in 2022 and appraised in 2024. The final […]

  • New assignment for Cyprus-flagged vessel, India on schedule

    6 July 2026
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Vessels

    Cyprus-headquartered SeaBird Exploration, a wholly owned subsidiary of SED Energy Holdings, has through its subsidiary secured a contract for a 2D seismic survey offshore India. The company’s Eagle Explorer will begin mobilization in mid-July, with the project expected to keep the vessel utilized through the first half of 2027. The 2009-built vessel was previously assigned […]

  • MOL Group buys Shell’s subsidiary in Cyprus for $720 million

    31 July 2026
    Business & Finance, Business Developments & Projects, Exploration & Production, Outlook & Strategy, Project & Tenders, Vision

    UK-headquartered energy giant Shell has reached an agreement with Hungarian multinational oil & gas company MOL Group for the sale of its 100%-owned subsidiary BG Cyprus Limited for up to $720 million. BG Cyprus holds a 35% non-operated interest in the Cyprus Offshore Block 12, containing the Aphrodite gas field located approximately 170 kilometers southeast […]

  • Eni and TotalEnergies take FID for Cyprus’ first gas development

    28 July 2026
    Business & Finance, Business Developments & Projects, Exploration & Production, Infrastructure, Outlook & Strategy, Project & Tenders

    Eni and TotalEnergies have taken the final investment decision (FID) for the development of Cronos, the first gas development in Cyprus, with production start-up expected in 2028. Operated by Eni and located in deep offshore waters approximately 185 kilometers southwest of the coast of Cyprus, in offshore Block 6, Cronos was discovered in 2022 and […]

  • ExxonMobil, QatarEnergy pen commercial gas discovery declaration in Cyprus

    1 July 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    Qatar’s state-owned oil and gas giant QatarEnergy and the U.S.-headquartered energy heavyweight ExxonMobil have inked a commercial discovery declaration for natural gas finds at a block off the coast of Cyprus.

  • Investment approval request submitted for Cyprus-Israel interconnector, project viable in all scenarios

    14 August 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy, Project & Tenders, Regulation & Policy, Rules & Regulation

    Greece’s transmission system operator (TSO) Independent Power Transmission Operator (IPTO), as the project promoter of the Great Sea Interconnector (GSI) that will connect Cyprus and Israel, has submitted an investment approval request to the regulatory authorities of both countries. This is the necessary next step under the European framework toward project implementation, following the completion […]

  • Halliburton bags Eni’s deepwater bundle as Eastern Mediterranean gas buildout continues

    16 September 2026
    Business & Finance, Business Developments & Projects, Project & Tenders

    U.S.-headquartered oilfield services player Halliburton has secured a multi-year contract with Italy’s energy giant Eni to provide bundled well construction and completions services for an ultra-deepwater development in Cyprus, expanding its presence in the Eastern Mediterranean.

  • Chevron’s Cypriot gas project edges closer toward binding supply deal with Egypt

    22 July 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    Chevron Cyprus, a subsidiary of the U.S.-headquartered oil major Chevron, and its partners, BG Cyprus (Shell) and NewMed Energy, have made inroads in securing a binding agreement for the sale of gas to Egypt from an offshore gas field reservoir in Block 12, located in the Eastern Basin of the Mediterranean Sea.

  • QatarEnergy broadens its oil & gas footprint in Uruguay and Eastern Mediterranean

    25 May 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    Qatar’s state-owned oil and gas giant QatarEnergy has taken steps to bring new exploration blocks off the coast of Uruguay into its fold, while sealing a gas cooperation deal in the Eastern Mediterranean.

  • 2009-built source vessel to work in West Africa for three months

    25 June 2026
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Vessels

    After completing work in the Western Hemisphere, Cyprus-headquartered SeaBird Exploration, a wholly owned subsidiary of SED Energy Holdings, is taking its source vessel to West Africa. The 2009-built Fulmar Explorer, which joined the company’s fleet in 2019, has been awarded a contract for ocean bottom node (OBN) source work, with the total contract duration, including mobilization […]

  • MacGregor equipment ordered for ultra-large Türkiye-built CLVs

    23 April 2026
    Business & Finance, Business Developments & Projects, Equipment, Vessels

    MacGregor’s package of offshore and merchant deck machinery has been ordered for ultra-large cable-laying vessels (CLVs) to be constructed in Türkiye. The specialized package will include offshore deck machinery tailored specifically for cable-laying activities and merchant deck machinery, high-performance vessel-moving winches designed for critical functions, including anchoring at roadsteads and ensuring safe mooring in ports, […]

  • Oil & gas firms step up exploration game to tackle supply shortfall by 2050

    1 May 2026
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy

    As global exploration and production (E&P) players are facing a 40% output drop, Wood Mackenzie, an energy intelligence group, has pointed out that oil and gas companies are increasing high-impact exploration investment to address the 300-billion-barrel supply gap and energy security priorities by 2050.

  • Worley embarks on more FEED work for Cypriot gas development

    13 March 2026
    Business & Finance, Business Developments & Projects, Exploration & Production, Infrastructure, Outlook & Strategy, Project & Tenders

    Australia’s engineering player Worley has been appointed by U.S.-headquartered oil major Chevron to provide front-end engineering design (FEED) and procurement services for the first offshore gas development in Cyprus. Under the contract with Chevron Cyprus, Worley will provide FEED engineering across the full Aphrodite field development, including subsea systems, the floating production unit (FPU), export […]

  • MOL buying into Deutsche Offshore Schifffahrt and newbuild C-CSOVs

    20 March 2026
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Vessels, Vision

    Japanese shipping major Mitsui O.S.K. Lines (MOL) is acquiring a stake in Hamburg-based Deutsche Offshore Schifffahrt (DO), a joint venture with Schoeller Holdings, as well as shares in construction commissioning service operation vessels (C-CSOVs) currently under construction. The joint venture between Schoeller Holdings and Deutsche Offshore Schifffahrt (German Offshore Shipping), announced in 2024, will be […]

  • TGS on duty offshore Australia

    22 January 2026
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders

    Norwegian energy data and intelligence company TGS has kicked off a reprocessing project offshore Australia designed to enhance subsurface imaging and geological understanding. The multi-client Bonaparte Basin Pre-Stack Depth Migration (PSDM) Reprocessing Project includes the reprocessing of the Cygnus 3D, Cartier 3D, Grand Ashmore 2D and Vulcan 2D data sets. According to TGS, the Bonaparte […]

  • Another SeaBird Exploration vessel gets contract extension in Western Hemisphere

    23 February 2026
    Business & Finance, Business Developments & Projects, Project & Tenders, Vessels

    Cyprus-headquartered SeaBird Exploration, a wholly owned subsidiary of SED Energy Holdings, has secured a three-month contract extension for its source vessel to continue working in the Western Hemisphere. The 2009-built Fulmar Explorer, which joined the company’s fleet in 2019, will continue performing ocean bottom node (OBN) source work in the region until mid-June. According to […]

  • Cyprus-flagged vessel stays in Western Hemisphere for another three months

    2 February 2026
    Business & Finance, Business Developments & Projects, Project & Tenders, Vessels

    Cyprus-headquartered SeaBird Exploration, a wholly owned subsidiary of SED Energy Holdings, has secured a contract extension for its vessel Eagle Explorer in the Western Hemisphere. The company reported the new contract for Eagle Explorer in the Western Hemisphere in September 2025, with a firm duration of approximately three months and extension options. The now secured extension […]

  • Highlights reel of top UK oil & gas consolidation plays

    1 January 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    The global oil and gas scene is witnessing a wave of consolidation moves through strategic mergers and acquisitions, especially in the United Kingdom (UK), where the windfall tax on oil and gas producers’ profits remains in force. The transformation across Britain’s hydrocarbon industry is gaining ground, spurred by Big Oil’s business combination steps.

  • UK oil & gas consolidation continues: Serica makes move on Spirit Energy’s North Sea assets

    16 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    UK-based upstream oil and gas player Serica Energy has taken another consolidation step on the UK Continental Shelf (UKCS) by striking a deal to acquire the oil and gas portfolio of Spirit Energy Limited and its affiliates for an upfront consideration of £57 million (around $74 million).

  • Exclusive interview with Eni: Gas and LNG at crux of multiple FIDs as ‘game-changing phase’ edges closer

    3 February 2026
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Exploration & Production, Outlook & Strategy, Transition

    With a diversified pipeline of projects spanning Africa, Asia-Pacific, the Americas, and the East Mediterranean, Italy’s energy giant Eni is set on pursuing a disciplined exploration strategy focused on rapid monetization and a pragmatic, technology-driven approach to emission cuts by combining low-cost reserves, fast-track development, and cross-border collaboration. The firm’s 2026 horizon spotlights multiple final investment decisions (FIDs) for gas and liquefied natural gas (LNG) projects.

  • EU endorses ban on Russian pipeline gas and LNG imports

    26 January 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Regulation & Policy, Rules & Regulation

    In a move to wean itself completely off Russian oil and gas imports, the European Union (EU) has given the green light for a ban on imports of pipeline gas and liquefied natural gas (LNG), with oil expected to follow suit in 2027.

  • Chevron signs off on Mediterranean field expansion for gas production uptick

    16 January 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    Chevron Mediterranean Limited (CML), a subsidiary of the U.S.-headquartered Chevron, and its partners have given the green light for a planned expansion of gas export capacity from a giant natural gas field project off the coast of Israel.

  • Gas field charting its development course as Aphrodite embarks on FEED journey

    24 December 2025
    Business & Finance, Business Developments & Projects

    Chevron Cyprus, a subsidiary of the U.S.-headquartered oil major Chevron, and its partners, BG Cyprus (Shell) and NewMed Energy, have decided to move forward with a front-end engineering design (FEED) work for an offshore gas field reservoir in Block 12, located in the Eastern Basin of the Mediterranean Sea.

  • UK: Cygnus Demonstrates Cygnus DIVE at Seawork

    25 June 2013
    Business & Finance, Equipment

    The latest diver thickness gauge from Cygnus is the wrist mountable Cygnus DIVE, with a large colour TFT display and a live A-Scan. The optional data logging, topside capability and HelmetView™, a display mounted on the diver’s helmet, make this a very versatile gauge. Throughout Seawork 2013, Cygnus (stand B15) are demonstrating these and other […]