Author: admin@erthaenergy

Equinor, alongside its partner DNO, has made an oil and gas discovery in the Norwegian North Sea’s northern region.  

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Petro Matad has commenced drilling the Gobi Bear-1 exploration well in the Tamsag Basin, eastern Mongolia.

Point Energy Partners II, a Vortus Investments Advisors portfolio company, has concluded the sale of its Delaware Basin assets to Vital Energy and Northern Oil and Gas (NOG) in a deal valued at $1.1bn.

US-based Excelerate Energy has partnered with PetroVietnam Technical Services Corporation (PTSC) to study floating storage and regasification unit (FSRU) based solutions for LNG imports in Vietnam.

The Forties Pipeline System may have to close in six years as Labour’s North Sea tax policies make the network financially unsustainable.

The agreement is in line with TotalEnergies’ strategy to develop its international long-term LNG sales.

LNG Canada, one of Canada’s key projects under development, is running on schedule and is expected to be up and running in 2025.

Equinor has abandoned to export so-called blue hydrogen to Germany, citing growing expense and a lack of demand.

Shell has decided to discontinue its low-carbon hydrogen project on Norway’s west coast due to a lack of market demand.