Author: admin@erthaenergy

Savannah Energy has completed the acquisition of Sinopec International Petroleum Exploration and Production Company Nigeria (SIPEC).

Whitecap Resources is set to merge with Veren in an all-stock transaction valued at C$15bn ($10.43bn), including debt.

Oilmax Energy is set to invest Rs4.5bn ($51.6m) in energy and mineral sectors within the Indian state of Assam.

Summit Midstream (SMC), has announced the acquisition of Moonrise Midstream from Fundare Resources Company Holdco.

Petrobras has announced the completion of a drill stem test (DST) at the Sirius-2 well located approximately 31km off the coast of Colombia.

A court of arbitration in Kazakhstan has ruled in favour of major oil companies in a dispute with the government over a $5bn environmental fine and tax claims at the Kashagan oil field.

JERA and bp revealed their leadership team for their planned 50-50 offshore wind joint venture (JV), JERA Nex bp.

Sabah Shell Petroleum Company (SSPC) has started first oil production from phase 4 of the Gumusut-Kakap-Geronggong-Jagus East deepwater offshore project.

The US Energy Secretary, Chris Wright, has announced plans for seeking up to $20bn to achieve refilling of nation’s strategic petroleum reserve to its full capacity.

Hunting has announced the acquisition of the Organic Oil Recovery (OOR) technology from its original shareholders for $17.5m.