Author: admin@erthaenergy

Bureau of Land Management New Mexico State Office auctioned seven parcels covering 1,317.29 acres in quarterly oil and gas lease sale.

Saipem and Subsea7 have reached an agreement for a potential merger to establish a “global leader” in the energy services sector.

Shell has signed an agreement with ConocoPhillips to acquire a 15.96% working interest in the Ursa platform.

Tokyo Gas has signed a MoU with Shizuoka Gas to transfer its interest in the Eagle Ford shale gas project in southern Texas, US for $130m.

Suriname’s Staatsolie is seeking to secure $1.5bn in bank financing for the Gran Morgu energy project in 2025

Anaergia Singapore has signed LOI to supply JGC Holdings with technology and equipment for a renewable natural gas (RNG) project in Japan.

Cenovus Energy has reported net earnings of C$146m ($102.7m) for the fourth quarter of 2024, a significant drop from C$820m in the previous quarter.

China National Offshore Oil Corporation (CNOOC) has started production from its Luda 5-2 North Oilfield phase two development project.

Ecopetrol has announced a substantial increase in its proven oil, condensates, and natural gas reserves as of 31 December 2024.

Shell UK has awarded a $120m contract extension to John Wood Group for its onshore and offshore assets across the UK.