Author: admin@erthaenergy

The UK government’s Budget has revealed a shift in licensing policy, permitting some oil and gas production on or near existing fields.

Oil and gas drilling services provider ADES Holding Company has finalised its acquisition of Shelf Drilling via a cash merger.

Venture Global and Tokyo Gas have executed a new liquefied natural gas (LNG) sales and purchase agreement, under which Tokyo Gas will receive one million tonnes per annum (1mtpa) of LNG from Venture Global for a 20-year period, commencing in 2030.

Seatrium has received a contract from BP Exploration and Production (bp) for the Tiber Floating Production Unit (FPU) in the Gulf of Mexico.

Eni has agreed to acquire a 50% stake and operatorship in Uruguay’s offshore exploration Block OFF-5 from Argentine state-owned energy company YPF.

Equinor has announced plans to drill 250 oil and gas exploration wells in Norwegian waters over the next decade.

TotalEnergies has completed the sale of its non-operated stake in the Bonga deepwater field, located offshore Nigeria.

DeepOcean is close to finishing a contract from TotalEnergies involving the disconnection and towing of the Gryphon Alpha floating production storage and offloading (FPSO),

Australia’s Woodside Energy and the Ministry of Petroleum and Mineral Resources of Timor-Leste (MPRM) have formalised a cooperation agreement to pursue studies and activities aimed at maturing a liquefied natural gas (LNG) project based in Timor.

Abu Dhabi National Oil Company (Adnoc) has outlined a $150bn investment plan between 2026 and 2030.