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Development News

Plan of Development Approved for Mako Field in Duyung PSC
Indonesia >> 3/11/2019 - Coro Energy, the South East Asian focused exploration and production company, has announced that the Minister of Energy and Mineral Resources has approved the Plan of Development ('POD') for the Mako ...
Work Priorities for New Iranian Calendar Year Explained
Iran >> 3/8/2019 - POGC's CEO explained the work priorities of this company in the next Iranian calendar year (from March 20 on), saying that south pars phase 14, gas fields of Farzad and Kish as well as production pres...
Field Development Plan for DEA’s Ogarrio Field in Mexico Approved
Mexico >> 3/7/2019 - The Field Development Plan for DEA’s operated oil field Ogarrio Onshore Mexico has been approved by the National Hydrocarbons Commission (CNH). ...
Golar LNG Enters into Agreement to Supply FLNG Unit to BP
Mauritania >> 2/26/2019 - Golar LNG Limited announces that Gimi MS Corporation, a newly incorporated subsidiary of the Company, has entered into a 20-year Lease and Operate Agreement ("LOA") with BP for the charter of an FLNG ...
BP Starts Gas Production from Trinidad & Tobago’s Angelin Project
Trinidad and Tobago >> 2/26/2019 - BP Trinidad and Tobago (BPTT) announced first gas production from its Angelin development. The project was delivered on time and under budget. ...
Neptune Energy Submits Development Plans for Duva & Gjoa P1
Norway >> 2/21/2019 - Neptune Energy has submitted development plans for the Duva (PL636) and Gjoa P1 (PL153) projects in the Norwegian sector of the North Sea. First production from the projects is expected in late 2020/e...
FluidOil Signs MOU with National Oil Corporation of Libya
Libya >> 2/20/2019 - FluidOil and National Oil Corporation (NOC) is pleased to announce that a Memorandum of Understanding (MOU) has been signed between FluidOil and National Oil Corporation of Libya to evaluate the devel...
Tulip Oil Announces Start-up and Commissioning of the Q10 Offshore Gas Development
Netherlands/Holland >> 2/15/2019 - Tulip Oil Netherlands Offshore B.V., a wholly owned subsidiary of Tulip Oil Holding B.V., has announced the startup and commissioning of the Q10 offshore gas development in the Dutch North Sea. ...
Siemens Support MFDevCo in Development of Marginal Gas Fields
Denmark >> 2/12/2019 - Further to the announcement on the 25 January 2019, the Company is pleased to announce that Marginal Field Development Company ("MFDevCo"), the Company's 50%-owned joint venture, has entered into a co...
Hurricane Energy Encounters Further Problems with Lancaster Hook-up
United Kingdom >> 2/4/2019 - 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...
OGA Launches Supplementary 31st Offshore Licensing Round
United Kingdom >> 1/31/2019 - The Oil and Gas Authority (OGA) has launched the Supplementary 31st Offshore Licensing Round, presenting an exceptional opportunity for oil and gas companies to collaborate to maximise economic recove...
Lukoil & Nenets District Continue Cooperation
Russia >> 1/31/2019 - President of LUKOIL Vagit Alekperov and Governor of the Nenets Autonomous District Aleksandr Tsybulsky signed a Protocol to the Cooperation Agreement between the company and the region for 2019, today...
Lukoil Supports Development of Yugra Municipalities
Russia >> 1/29/2019 - LUKOIL President Vagit Alekperov and Governor of Yugra Natalya Komarova signed a Cooperation Agreement between the company and the region for 2019-2023, in Khanty-Mansiysk today. The document provides...
Gazprom Neft Continues the Development of Its Yamalo-Nenets Production Cluster
Russia >> 1/29/2019 - Gazprom Neft has won a licensing round for subsoil prospecting, exploration and production rights to the Severo-Stakhanovsky, Novoromanovsky and Puhutsyayakhsky blocks in the Yamalo-Nenets Autonomous ...
Extension of Existing Planning Consent for Wressle Approved on Appeal
United Kingdom >> 1/25/2019 - Egdon Resources plc has advised that its application to extend the existing planning consent for the Wressle site by a year, was approved by the Planning Inspector on appeal. The original application ...
IKM Testing Wins Tyra Redevelopment Contract
United Kingdom >> 1/25/2019 - Total E&P Danmark A/S has awarded IKM Testing a comprehensive contract on the Danish Continental Shelf. The contract has been won in strong international competition. The contract includes cleaning an...
Eni Starts up of New Production Well in Vandumbu Field in Block 15/06
Angola >> 1/24/2019 - Eni has successfully launched a new production well in the Vandumbu field, about 350 km north-west of Luanda and 130 km west of Soyo, in the West Hub of Block 15/06, in Angola’s offshore. ...
CNOOC Limited Announces its 2019 Business Strategy and Development Plan
China >> 1/23/2019 - CNOOC Limited announced its business strategy and development plan for the year 2019. The Company’s net production target for 2019 is 480 million to 490 million barrels of oil equivalent (BOE), of whi...
Hurricane Energy Encounters Problems with Lancaster Hook-up
United Kingdom >> 1/21/2019 - 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...
Developing Caspian Region, NIOC Priority
Iran >> 1/20/2019 - A senior official with the National Iranian Oil Company (NIOC) said the company viewed northern oil-rich regions as a priority just like southern areas for development of the oil industry. ...

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