Industry News
China and Pakistan to cooperate on hydrocarbons and mining activities
China will actively encourage its companies to “participate in the development of offshore oil and gas blocks of Pakistan.”
Author: admin@erthaenergy
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Company News
Wintershall begins drilling at Fénix gas field offshore Argentina
Wintershall Dea, alongside partners Total Austral and Pan American Energy, has started development drilling at theFénix gas field offshore Argentina.
BP
No more North Sea oil and gas licences, says former BP boss
The UK should “call a halt” to North Sea oils and gas exploration, and not grant any more licences, says former BP head John Browne.
Deal News
Oil and gas driller Noble to acquire Diamond Offshore in $1.6bn deal
American oil and gas drilling company Noble has signed a definitive agreement to acquire Diamond Offshore Drilling in a cash and stock deal.
Deal News
Sonatrach signs MOU with Sinopec to explore new oil and gas opportunities
Sonatrach has entered into a memorandum of understanding (MoU) with China Petroleum and Chemical Corporation (Sinopec).
Industry News
First oil from Buchan project could come quickly after July’s election
The Buchan North Sea oil project could come sooner after the July election than was originally planned,
Deal News
Brazilian oil and gas company Fluxus acquires Pluspetrol Bolivia
Brazilian oil and gas company Fluxus has acquired Pluspetrol Bolivia for an undisclosed sum, reported Bloomberg.
Industry News
New Zealand to revoke offshore oil and gas exploration ban
New Zealand is set to rescind its offshore petroleum exploration ban in response to the country’s dwindling natural gas reserves.
Energy
Saudi energy minister hits back at OPEC+ criticism over output increase
Abdulaziz bin Salman Al Saud remains confident global markets will soon realise OPEC+ acted correctly in allowing a production increase
Contract News
Vallourec secures contract from Brazil’s Petrobras
Vallourec secured a contract from Brazil’s state-owned oil and gas company Petrobras for the supply of tubes and services for