Author: admin@erthaenergy

Ring Energy has agreed to acquire the Central Basin Platform (CBP) assets in Texas from Lime Rock Resources for $100m.

Iraq will add considerable CDU capacity in the Middle East with almost1,919 of capacity expected to be added by 2030.

Sapura Energy’s drilling arm, Sapura Drilling, has secured multiple contracts valued at approximately MYR3.2bn ($722.5m) for tender assist drilling rig services.

Vermilion Energy has completed the previously announced acquisition of Westbrick Energy for a consideration of C$1.075bn ($746.53m).

Halliburton and Sekal have announced the deployment of what they claim to be the world’s first automated on-bottom drilling system for Equinor in the North Sea.

Gazprom Neft transferred about 5.15% of its shares in Serbian oil and gas company NIS to parent company Gazprom in response to US sanctions.

Malaysia’s state energy firm, Petroliam Nasional (Petronas), has reported a 32% drop in profit after tax for the financial year 2024 (FY24) to MYR55.1bn ($12.47bn) from MYR80.7bn in 2023.

TotalEnergies has announced the commissioning of BioNorrois, its eighth biomethane production unit located in Fontaine-le-Dun of Normandy region, France.

bp has finalised contractual terms with the government of Iraq to invest in the redevelopment of several giant oil fields in Kirkuk.

China National Petroleum Corporation (CNPC) has announced the completion of Shendi Take-1 well, achieving a depth of 10,910m.