Author: admin@erthaenergy

MedcoEnergi has agreed to acquire operating interests in two production sharing contracts (PSCs) in South Sumatra, Indonesia, from Repsol.

Chevron, along with Leviathan reservoir partners, has finalised a $610m contract with Israel Natural Gas Lines to construct a gas pipeline to Egypt.

US-based Weatherford International has secured a three-year contract from Petrobras for tubular running services (TRS) in Brazil.

TotalEnergies has signed four Production Sharing Contracts (PSC) with the Liberia Petroleum Regulatory Agency for the LB-6, LB-11, LB-17, and LB-29 offshore exploration blocks, which were awarded under the 2024 Direct Negotiation Licensing Round.

XRG-led consortium which includes Abu Dhabi Development Holding Company (ADQ), and Carlyle, has officially withdrawn its $18.7bn indicative offer to acquire 100% of the issued shares of Australian oil and gas producer Santos.

Norwegian oil exploration and development company Aker BP is advancing its operations by expanding the use of Cognite Atlas AI.

Canada’s federal government and the British Columbia provincial authorities have approed the Ksi Lisims LNG project.

BLM, an agency within the US Department of the Interior, has raised over $38m from an oil and gas lease sale across Montana and North Dakota.

GlobalData’s Anti-ESG Movement report states that the current rising tide of anti-ESG sentiment started gaining traction in 2021.