Author: admin@erthaenergy

China National Offshore Oil Corporation has announced the commencement of production from the Bozhong 19-2 oilfield development project. 

Libya’s oil production has risen above one million barrels a day (bpd) for the first time since August.

The US oil giant has closed its Blind Faith platform and evacuated staff as the Category 5 storm approaches.

McDermott International has entered into an agreement to sell its CB&I storage business unit to a consortium led by Mason Capital Management.

Oil companies need to learn to adapt their refineries into crude-oil-to-chemicals (COTC) facilities.

Saudi Arabia is poised to make a multibillion-dollar investment in green hydrogen, with plans to establish a new company.

TechnipFMC has secured an integrated engineering, procurement, construction, and installation (iEPCI) contract from BP.

Chevron Canada has signed a definitive agreement to sell its assets in Canada to Canadian Natural Resources for $6.5bn (C$8.86bn).  

The company expects its gas trading performance to remain steady, potentially exceeding market expectations.

Eni has secured funding from the UK Government for the Liverpool Bay carbon dioxide (CO₂) transport and storage project.