Author: admin@erthaenergy

Southern Energy SA has reached a final investment decision for the Southern Energy floating liquefied natural gas export project in Argentina.

Subsea7 has secured a contract from Petrobras for the development of the Búzios 11 field, located 180km off the coast of Rio de Janeiro, Brazil.

Shell is reportedly assessing the possibility of a potential acquisition of BP and the company is monitoring stock and oil price trends before making a move

The US DOI has announced plans to revise the BOEM’s 2024 Risk Management and Financial Assurance for OCS Lease and Grant Obligations Rule.

Rising Phoenix Capital has acquired mineral interests in the Midland Basin, operated by ConocoPhillips, reinforcing its presence in one of the most productive energy regions in the US.

OPEC+, is planning to accelerate oil output hikes, potentially bringing an additional 2.2 million bpd back to the market by November.

SBM Offshore has secured a contract with BP Exploration and Production (bp) for the wet tow and installation of the Kaskida semi-submersible Floating Production Unit (FPU) in the deepwater US Gulf.

Shell Offshore and Shell Pipeline Company Limited (SPLC), subsidiaries of Shell, have now increased their stake in the Ursa platform in the Gulf of Mexico from 45.39% to 61.35%.

QatarEnergy is reportedly in advanced discussions with Japanese companies to secure a long-term LNG supply deal of at 3mtpa from the company’s North Field expansion project.