Author: admin@erthaenergy

Petrobras has announced the identification of hydrocarbons in the pre-salt layer of the Campos Basin, in the Brava North block, offshore Brazil.

London-listed oil and gas firm Serinus Energy has signed a takeover agreement, worth about £5.1m ($5.5m), with New York-based broker dealer and specialist investment bank Xtellus Capital Partners.

Horizon Oil has sale and purchase agreement to acquire stakes in the producing Sinphuhorm and Nam Phong gas fields onshore Thailand from Exxon Mobil.

TechnipFMC has been awarded a significant integrated engineering, procurement, construction, and installation (iEPCI) contract by Equinor for the Johan Sverdrup phase three project in the Norwegian North Sea.

Staatsolie Maatschappij Suriname (Staatsolie) has successfully issued a new bond, raising $515.8m, which is $211.7m more than the initial target of $304.1m.

Tullow Oil has entered a binding agreement to sell its Gabon assets to Gabon Oil Company for $300m net of tax.

Brookfield Infrastructure Partners has agreed to sell entities that hold its complete 25% minority stake in NGPL Holdings (NGPL Holdings), the indirect parent company of PipeCo, to one or more funds controlled by ArcLight Capital Partners.

Elk Range Royalties has acquired mineral and royalty position of approximately 250,000 net royalty acres (NRA) in the Denver-Julesburg (DJ) Basin, US, from Occidental affiliates.

India’s Gujarat State Petronet has commissioned a natural gas pipeline connecting the Chhara LNG terminal to the gas grid

Shell Brasil, a subsidiary of Shell, has reached final investment decision for the Gato do Mato project, a deep-water development in Brazil’s pre-salt Santos Basin.