Author: admin@erthaenergy

McDermott has secured a contract for offshore transportation and installation in Brazil for the Papa-Terra and Atlanta fields.

Consumers Energy is replacing 135 miles of century-old cast-iron and steel pipelines across 15 Michigan communities.

OPEC+ is expected to approve an approximate 550,000 barrels per day (bpd) hike for September, as reported by Reuters.

ExxonMobil has forecasted a reduction of $1.5bn in its second-quarter earnings, due to lower oil and gas prices.

Sonatrach and Eni have formalised a 30-year hydrocarbon production sharing contract for the Zemoul El Kbar perimeter development.

Libya’s NOC has signed agreements with BP and Shell to conduct studies for hydrocarbon exploration and development in three Libyan oilfields.

Seatrium has secured a contract for floating storage regasification unit (FSRU) conversion by Kinetics, an energy transition initiative.

China Petroleum Pipeline and the China Petroleum Technology & Development Corporation have a contract from TDPC for a new gas pipeline.

Petro-Victory Energy has signed an agreement with Azevedo & Travassos Energia (ATE), to be acquired by the latter.

Venture Global Plaquemines LNG (VGPL), has closed a $4bn offering of senior secured notes to refinance existing debt.