Author: admin@erthaenergy

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.

Oilfield services giant SLB issued a cautionary statement on Friday, indicating a possible downturn in global upstream spending in 2025, especially in North and Latin America.

The European Commission has announced the adoption of the 18th sanctions package against Russia by the Council.

Chevron has completed the $53bn acquisition of Hess, following the fulfilment of all necessary closing conditions.

Azerigaz, under the umbrella of SOCAR, and UAE-based Esyasoft have entered a $480m contract to develop a Smart Gas Network in Azerbaijan.

Subsea7 has unveiled a significant contract award from Equinor for the Fram Sør development project, located offshore Norway.