Author: admin@erthaenergy

BP has reported a net profit of $1.16bn for Q3 2025, which increased from the same period last year, but a decrease from the previous quarter.

The company’s net income increased from the previous quarter’s $22.67bn, reflecting improved revenues and reduced operating costs.

Serica Energy has signed a farm-in agreement with Australia-based oil and gas explorer Finder Energy for 40% stake in the P2530 licence.

Beacon Offshore Energy has teamed up with Tampnet to provide digital connectivity for the Shenandoah development in the Gulf of America.

SM Energy Company and Civitas Resources have agreed to merge in an all-stock transaction valued at approximately $12.8bn, including net debt.

Eni and Petronas have formalised a binding agreement to create a joint venture (JV) to manage upstream assets in Indonesia and Malaysia.

ConocoPhillips, in collaboration with partner 3D Energi, has commenced drilling at the Essington-1 gas exploration well in the Otway Basin.

BP to sell non-controlling interests in its US midstream assets in the Permian and Eagle Ford basins to Sixth Street for $1.5bn.

ADNOC has signed three agreements with Gecko Robotics to extend the use of robotics and AI across operations and to expand training in UAE.