Author: admin@erthaenergy

Baker Hughes has secured a new contract from Bechtel Energy to supply Train 5 equipment for Rio Grande LNG project in Texas, US.

US-based oil major ExxonMobil has signed a farm-in agreement with Energean and Helleniq Energy to acquire a 60% in Block 2 offshore Greece.

UK-based company Corcel has secured approval to begin seismic acquisition activities within the KON-16 Block onshore in Angola.

Petronas has secured production sharing contracts (PSCs) for Blocks 9 and 10 in the shallow offshore region of Suriname.

Petro Matad has started production from the Gazelle-1 well in Mongolia at an initial rate of 200 barrels of oil per day (bopd).

UK-based Union Jack Oil announced that testing at the Sark well in central Oklahoma did not result in commercial hydrocarbon production.

Carbon Clean and SAMSUNG E&A have entered a new partnership aimed at delivering modular carbon capture systems to industries worldwide.

Norwegian oil and gas operator DNO has agreed an asset swap with Aker BP that will increase its stake in the Verdande field from 10.5% to 14%.

Ovintiv has agreed to acquire NuVista Energy for up to $2.7bn (C$3.8bn), to strengthen its presence in Canada’s Montney basin.

ADNOC entered into a 15-year sales and purchase agreement (SPA) with Shell for the supply of LNG from the Ruwais LNG project in Abu Dhabi.