Author: admin@erthaenergy

Helmerich & Payne (H&P) has signed a definitive agreement to acquire KCA Deutag in an all-cash deal valued at $1.97bn. 

Energy giant Eni recorded an adjusted earnings before interest and taxes of €4.1bn ($4.45bn) in the second quarter of 2024..

Citi and Evercore have emerged at the top financial advisers in the oil and gas sector for mergers and acquisitions (M&A) in H1 2024.

Slovakian drilling technology company GA Drilling has forged a partnership with Petrobras to improve efficiency in deep drilling processes.  

ExxonMobil has entered into a CCS arrangement with US-based Nitrogenous fertiliser manufacturing company CF Industries.  

Occidental is in the final stages of discussions to divest its Barilla Draw assets in Texas to Permian Resources, reported Reuters.   

The OPEC and OPEC+ members countries have submitted compensation proposals related to their output levels in the first half of 2024.

The oil spill came a day after Typhoon Gaemi hit the Philippines and Taiwan, causing mass devastation across both countries. 

Wachtell, Lipton, Rosen & Katz led in mergers and acquisitions (M&A) legal advisory for the oil & gas sector in terms of value.