Author: admin@erthaenergy

Eni, Total Energies and the ministers of Egypt and Cyprus, have signed a Host Government Agreement (HGA) for the exploration of Cyprus’s Cronos Block 6 resources.

Global oil and gas contract activity experienced a 15% quarter-on-quarter decrease in the total number of contracts, from 1,596 in the third quarter (Q3) of 2024 to 1,353 in Q4 2024.

Private equity firm Blackstone is considering the sale of Olympus Energy, a natural gas explorer based in Canonsburg, Pennsylvania.

The Delhi High Court has ruled in favour of the government in a gas dispute case, ordering Reliance Industries (RIL) to pay $1.7bn over allegations of “unjust enrichment”.

China National Offshore Oil Corporation (CNOOC) has commenced production from the Buzios7 project at the Buzios field.

The US administration has granted a liquefied natural gas (LNG) export license to the Commonwealth LNG project in Louisiana.

bp has commenced gas production from the second development phase of the Raven field, located offshore Egypt.

Cyprus’ Ministry of Energy, Commerce and Industry, along with Chevron and joint venture partners Shell and NewMed, has approved the proposed modifications to the Aphrodite gas field.

Trillion Energy has announced completion of installation of new velocity string tubing in two wells located on tripods (Alapli-2 and Bayhanli-2) at the SASB offshore gas project in Türkiye.

Seatrium has entered into a MoU with bp for the Tiber Floating Production Unit project, aimed at enhancing deepwater production in the US Gulf of America.