Author: admin@erthaenergy

Iron Oak Energy Solutions has expanded its Permian Basin footprint through the acquisition of High Roller Sand.

EnCap Investments and the team behind Double Eagle companies have expanded their strategic partnership, forming Double Eagle Energy Holdings V (Double Eagle V) and Tumbleweed Royalty V (Tumbleweed V) with $2.5bn in equity.

Aramco, an integrated energy and chemicals company in Saudi Arabia has signed a memorandum of understanding (MOU) with Terra Drone to drive innovation in drone technologies for the oil and gas industry.

ConocoPhillips is reportedly considering the sale of its oil and gas assets in Oklahoma, US, valued at more than $1bn.

INEOS Energy has completed the acquisition of China National Offshore Oil Corporation’s (CNOOC) US Gulf business from the latter’s subsidiary, CNOOC Energy Holdings USA.

BW Energy has secured an extension for the Golfinho licence production phase, now set to continue until 2042.

Stockholm Exergi (SE) has announced plans to construct what it claims to be one of the world’s largest carbon capture facilities using CATACARB Enhanced Hot Potassium Carbonate (HPC) technology.

Sinopec has discovered more than 140 million tonnes (mt) of proven geological reserves in the Shengli oilfield in East China’s Shandong province.

Shell Eastern Trading has finalised the purchase of Pavilion Energy, to strengthen its position in the liquified natural gas (LNG) market.

Phillips 66 has completed the acquisition of EPIC Y-Grade GP and EPIC Y-Grade for $2.2bn.