Author: admin@erthaenergy

Petroliam Nasional Berhad (Petronas), through its subsidiary Petronas LNG (PLSB), has formalised a significant equity participation agreement with SMJ Energy.

Saudi Aramco is reportedly nearing an agreement to secure approximately $10bn from a consortium spearheaded by BlackRock for the infrastructure of its Jafurah gas project.

Petroleum exploration and production firm EnQuest has secured a production sharing agreement (PSA) for Block C offshore Brunei Darussalam.

India’s state-run GAIL is in preliminary discussions to procure liquefied natural gas (LNG) from the Alaska LNG project, as the nation seeks to enhance its import capabilities.

Abu Dhabi National Oil Company (ADNOC) has announced its plan to transfer a 24.9% shareholding in Austrian oil and gas company OMV to XRG, its wholly owned investment subsidiary.

Venture Global has entered a 20-year sales and purchase agreement (SPA) with Eni, marking the Italian energy company’s first long-term contract with a US LNG producer.

SLB has officially completed the acquisition of ChampionX, which was announced in April last year.

The oil and gas sector in Iraq’s semi-autonomous Kurdistan region has faced a significant setback following a series of drone strikes.

TechnipFMC has secured a significant contract from Equinor for the Heidrun extension project in the Norwegian North Sea.

CNOOC has reported a discovery in South China Sea, identifying oil and gas reserves in metamorphic buried hills for the first time.