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Development News

OGTC Launches 'Facility of the Future' Initiative for Oil and Gas Developments
United Kingdom >> 7/18/2018 - The Oil & Gas Technology Centre launches an industry-backed ‘Facility of the Future’ initiative that could halve the cost of developing and operating an oil and gas facility and help unlock more than ...
Gazprom to Start Development of Yamal’s Kharasaveyskoye Field in 2019
Russia >> 7/15/2018 - Alexey Miller, Chairman of the Gazprom Management Committee, last week held in Bovanenkovo (Yamal-Nenets Autonomous Area) a meeting on the pre-development project for the Kharasaveyskoye gas and conde...
Renaissance Oil Cleared for Development on Chiapas Blocks
Mexico >> 7/9/2018 - Renaissance Oil Corp. has now received final authorizations from the relevant Mexican authorities to proceed with the development program on the Company’s three 100% held producing properties in the s...
Hurricane Energy Provides Update on Lancaster Field EPS
United Kingdom >> 7/6/2018 - Hurricane Energy plc, the UK based oil and gas company focused on hydrocarbon resources in naturally fractured basement reservoirs, provides an operational update in relation to the Early Production S...
Equinor's PDO for Snorre Expansion Project Approved
Norway >> 7/5/2018 - The Ministry of Petroleum and Energy has approved the plan for development and operation (PDO) for the Snorre Expansion Project. Investments of just above NOK 19 billion (2017) will increase recovery ...
Equinor Submits Plan for Further Development of the Troll Field
Norway >> 7/3/2018 - Equinor and the partners in the Troll licence are submitting the plan for further development of the gigantic Troll field on the Norwegian continental shelf (NCS) to the Ministry of Petroleum and Ener...
Shah Deniz 2 Begins Gas Deliveries to Turkey
Azerbaijan >> 7/2/2018 - The Shah Deniz consortium, comprised of BP (operator), SOCAR, TPAO, PETRONAS, LUKOIL, NICO and SGC, today announced commencement of commercial gas deliveries to Turkey from the Shah Deniz 2 developmen...
BP Starts-Up Landmark Shah Deniz 2 Development in Azerbaijan
BP Starts-Up Landmark Shah Deniz 2 Development in Azerbaijan Azerbaijan >> 7/2/2018 - BP and its partners in the Shah Deniz consortium have announced the start-up of the landmark Shah Deniz 2 gas development in Azerbaijan, including its first commercial gas delivery to Turkey. The BP-o...
Serica Energy Submits Columbus Field Development Plan
United Kingdom >> 6/28/2018 - Serica Energy has announced the submission of a Field Development Plan ('FDP') for the Columbus Development. The FDP provides for the supply of up to 40 million cubic feet of gas per day (gross) at pe...
Air Liquide & the Startup STNE Sign an Agreement for the Development of Hydrogen Mobility
China >> 6/28/2018 - Air Liquide and the Chinese startup STNE (Shanghai Sinotran New Energy Automobile Operation CO., LTD.), have signed a partnership to accelerate the rollout of hydrogen-powered electric truck fleets i...
Indonesia's Pertamina Says Iran Oil Field Deal Frozen over US Sanctions
Iran >> 6/26/2018 - Indonesia’s government decided last month to freeze Pertamina’s deal to operate the Mansouri oil field in Iran because it wanted to preserve the country’s 'good relationship' with the United States, P...
Update on Workover of TLP-102 & Rig for TLP-103
Congo >> 6/25/2018 - Anglo African Oil & Gas plc, an independent oil and gas developer, is pleased to announce the results of further work on the TLP-102 well ('TLP-102' or 'the Well') on the Tilapia licence in the Republ...
Hague and London Oil Announces Potential Acquisition of Significant UK North Sea Development
United Kingdom >> 6/19/2018 - Hague and London Oil, the oil and gas company with a diverse portfolio of production, development, appraisal and exploration assets primarily focused in the Southern North Sea, has announced an operat...
GATE Awarded Commissioning for Vito Development in GOM
United States >> 6/19/2018 - GATE Energy is pleased to announce that it has been selected by Shell Offshore Inc (Shell) as the provider for facility commissioning of the Vito development. The associated scope includes commissioni...
Urals Energy Provides Update on South Dagi Development Programme
Russia >> 6/19/2018 - AIM-listed Urals Energy, the independent exploration and production company with operations in Russia, has provided an update on its drilling operations at the South Dagi licence area on Sakhalin Isla...
Johan Castberg PDO Approved
Norway >> 6/12/2018 - The plan for development and operation of the Johan Castberg field in the Barents Sea was approved by the Norwegian Parliament on Monday 11 June. The plan will now be submitted to the Ministry of Pet...
ExxonMobil Advances Liza Phase 1 Development
Guyana >> 6/12/2018 - The Liza Phase 1 development continues to rapidly progress, with the commencement of development drilling offshore Guyana, ExxonMobil said. ...
Gazpromneft-Orenburg Brings Its Uransky Licence Block into a New Oil Production Cluster
Russia >> 6/8/2018 - Gazpromneft-Orenburg has secured the subsoil usage rights to the Novozarinskoe field in the Orenburg Oblast, with a licence for exploration and development being issued by the Federal Subsoil Resource...
Another Project Modernization of the Production Equipment Was Completed at "Nizhnekamskshina"
Russia >> 6/6/2018 - A large-scale project for the reconstruction and technical re-equipment of the preparatory shop was completed at the Nizhnekamskshina factory, which provided for the installation of three new Harburg ...
Iraq Signs 3 Initial Contracts to Develop Exploration Blocks
Iraq >> 6/5/2018 - By the presence of Mr. Jabbar Ali Al-Luiebi the minister of oil… the ministry of oil signed on 4 June three new initial contracts with two Chinese companies to develop and rehabilitate the borderline ...

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