GeopoliticsNotableConfirmedDeveloping
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Greece-Cyprus power cable proceeds; Turkey objections dismissed
Capital.grLO·GR · CY · TR·2 days ago
McDermott has been awarded its first subsea contract with Eni, taking the U.S. engineering firm into Cypriot waters. The deal signals continued offshore energy development in the Eastern Mediterranean, though project specifics and value remain undisclosed. This marks a notable expansion for McDermott in a strategically important gas region.
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