Author: admin@erthaenergy

Kuwait’s crude oil production capacity has reached 3.2 million barrels per day (bpd), said the country’s oil minister Tariq Al-Roumi.

Petrofac has strengthened its partnership with Ithaca Energy in the UK North Sea through a two-year contract renewal valued at $50m.

The Indian government has refused to extend Vedanta Cairn Oil and Gas’s contract for the Cambay basin oil and gas block CB-OS/2.

Santos announced that the BW Opal FPSO has received its first gas from the Barossa LNG project, located offshore in northern Australia.

India’s state-owned oil exploration companies, Oil and Natural Gas Corporation (ONGC) and Oil India (OIL) are set to launch a stratigraphic drilling campaign valued at Rs320bn ($385.5m) in early 2026, mainly in the unexplored offshore regions.

Australia’s Melbana Energy has commenced drilling the Amistad-2 production well in Cuba, reaching a current depth of 37 metre (m).

Ecopetrol is reportedly set to surpass its 2025 drilling targets, with plans to exceed the target of drilling ten oil wells by 20% to 40%.

Petroleum regulators of Africa, spearheaded by Nigeria, have launched African Petroleum Regulators Forum (AFRIPERF) to unify oil regulations, aiming to attract vital investment into the region’s fast-growing energy sector.

The European Union (EU) is set to accelerate its ban on Russian liquefied natural gas (LNG) imports, aiming for a complete phase-out by January 2027.

Baker Hughes has announced a multi-year contract with Petrobras, extending the deployment of the Blue Marlin and Blue Orca stimulation vessels.