Author: admin@erthaenergy

The Egyptian Natural Gas Holding Company (EGAS) has is planning to implement seven gas development projects and place 24 new wells on the production map for FY 2025/26.

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

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.