Author: admin@erthaenergy

BW Offshore has been selected as the preferred bidder to deliver the floating production, storage, and offloading (FPSO) unit for Bay du Nord.

Wison New Energies has entered into an EPCIC contract with TPAO for the FPU to be deployed in the third phase of the Sakarya gas field.

NNPC, in collaboration with the TotalEnergies and Sapetro Consortium, has signed a PSC for PPLs 2000 and 2001.

Orlen has signed a contract with Equinor for the procurement of over six million tonnes of crude oil from the Johan Sverdrup field.

The US Department of Energy (DoE) has issued its final authorisation for Commonwealth LNG to export up to 1.21 billion cubic feet per day (bcf/d) of natural gas in liquefied form to countries without free trade agreements.

Wood Group has accepted a £216m ($291.5m) conditional takeover bid from Dubai-based Sidara, concluding a year-long pursuit that involved several offers.

Egypt has entered into four agreements for oil and gas exploration valued at over $340m with international firms, aiming to bolster domestic production in the face of growing energy demands.

Amber Energy, an affiliate of Elliott Investment Management, has been recommended as the preferred bidder with a $5.89bn offer in the US court-organised auction of shares in Citgo Petroleum’s parent company.

Gazprom, the state-owned Russian company, has reported a nearly 6% decline in net profit year-on-year for the first half of 2025 to Rbs983.1bn ($12.2bn).

PXGEO has secured a contract to provide offshore seismic data acquisition services, marking its inaugural contract in Malaysia.