Author: admin@erthaenergy

Pakistan Petroleum Limited (PPL) has signed a strategic partnership with Turkish Petroleum Overseas Company (TPOC).

Cenovus Energy has acquired approximately 21.7 million common shares of MEG Energy, bolstering its position ahead of an upcoming merger vote.

Egypt has announced an ambitious plan to drill 480 exploratory oil wells with a total investment of $5.7bn over the next five years.

The International Energy Agency (IEA) has projected a surplus in the global oil market for 2026, estimating up to four million barrels per day (bpd).

Kuwait Oil Company (KOC), a subsidiary of Kuwait Petroleum Corporation (KPC), announced a new natural gas discovery in the Al-Jazah offshore natural gas field.

Shell’s subsidiary Shell Nigeria Exploration and Production Company (SNEPCo), together with its partner Sunlink Energies and Resources Limited, has taken the final investment decision (FID) on the HI gas project located offshore Nigeria.

Kirkland & Ellis has secured the foremost position as a legal adviser in the mergers and acquisitions (M&A) sector in terms of value and volume.

Seascape Energy has received approval from its joint venture partners to enter the second exploration phase of the Deepwater Block 2A PSC

Valaris has secured a contract from BP Exploration Delta Limited, a subsidiary of BP, for its drillship VALARIS DS-12. 

Eni is planning to launch its gas joint venture with Malaysia’s state-owned oil and gas company Petronas next year, reported Reuters.