Author: admin@erthaenergy

UK-based Ithaca Energy has signed a sale and purchase agreement to acquire the complete issued share capital of JAPEX UK E&P from Japan Petroleum Exploration.

Delfin Midstream and SEFE Securing Energy for Europe have signed a heads of agreement for the long-term supply of 1.5 million tonnes per annum (mtpa) of LNG for a minimum of 15 years.

Venture Global, a US LNG developer, has sought approval from the Federal Energy Regulatory Commission (FERC) to start operations at its Calcasieu Pass LNG export facility and TransCameron pipeline project.

Malaysia Marine and Heavy Engineering Holdings Bernad’s (MHB) subsidiary, Malaysia Marine and Heavy Engineering (MMHE) has secured a contract from Vestigo Petroleum.

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.