Author: admin@erthaenergy

Central European Petroleum (CEP) has announced a significant oil and gas discovery at the Wolin East 1 (WE1) well in the Baltic Sea, which could enhance Poland’s energy potential.

China National Offshore Oil Corporation (CNOOC) has initiated production at Phase I of the Kenli 10-2 Oilfields Development Project, signifying milestone for the largest shallow lithological oilfield offshore China.

Carnarvon Energy is set to make a strategic investment in Strike Energy, to acquire up to 19.9% of the company for A$89m ($58m), to be issued as fully paid ordinary shares.

Monumental Energy has successfully resumed commercial production at its Copper Moki-1 and Copper Moki-2 wells in New Zealand’s Taranaki Basin.

MT Group has been awarded a contract to oversee the construction of critical infrastructure at the Brunsbüttel FSRU LNG terminal in Germany.

Turkey has reportedly submitted a draft proposal to Iraq aimed at renewing and broadening their existing energy agreement.

Vår Energi, along with its partners, has announced a significant gas/condensate discovery in the Vidsyn prospect in the Norwegian Sea.

BASF has entered into a strategic ten-year agreement with Equinor, securing an annual supply of up to 23 terawatt hours of natural gas.

ExxonMobil is reportedly in negotiations with Iraq to make a comeback to the nation’s oilfields.