Author: admin@erthaenergy

EQT is to pay $167.5m to settle a lawsuit filed by investors alleging it overstated benefits of a $6.7bn merger with Rice Energy in 2017.

TotalEnergies has signed an agreement with Spanish company Moeve to acquire the 25% interest in Block 53, offshore Suriname.

Fugro has secured a contract to conduct a comprehensive site characterisation programme for Eni’s deepwater gas project.

Ashtead Technology partnered with OSC to deliver integrated environmental monitoring, mitigation solutions for the offshore energy sector.

Tokyo Gas is currently in discussions with several US liquefied natural gas (LNG) suppliers to finalise a long-term purchase agreement.

The US Bureau of Ocean Energy Management (BOEM) has announced plans to hold an oil and gas lease sale in the Gulf of America in December.

Medco Energi has reached an agreement with Repsol E&P to acquire a 24% stake in the Corridor Production Sharing Contract for $425m.

Equinor, alongside its Fram partners, has announced an investment of over Nkr21bn ($2bn) in the new Fram Sør subsea development.

OneSubsea, a joint venture of global technology company SLB, has secured an EPC contract by Equinor for the Northern Lights CCS project.