Development News

Rosneft Signs Agreement for Priobskoye Field Investment
Russia >> 2/5/2021 - Rosneft Oil Company, the Ministry of Finance of Russia and the Ministry of Natural Resources and the Environment of Russia have signed an agreement on investment incentives for oil production at the P...
A Meeting between NOC of Libya & Total
Libya >> 1/29/2021 - The Chairman of the Board of Directors, Eng. Mustafa Sanalla, has received Mr. Pascal Breant, the General Manager of Total Company, and his delegation, with presence of Mr. Abulgasem Shengher Member o...
TransGlobe Energy Corporation Announces Its 2021 Capital Budget
TransGlobe Energy Corporation Announces Its 2021 Capital Budget Egypt >> 1/28/2021 - TransGlobe Energy Corporation (“TransGlobe”) announces its 2021 capital budget and production guidance. All dollar values are expressed in US dollars unless otherwise stated. ...
Esso on Target to Deliver West Barracouta Gas to Domestic Market in 2021
Australia >> 1/28/2021 - Esso Australia Pty Ltd (‘Esso’, a subsidiary of ExxonMobil Australia Pty Ltd) said it was nearing completion of its West Barracouta project, which will bring much-needed new gas supply to the Australi...
Beach Energy Announces FY21 Second Quarter Activities Report
Australia >> 1/27/2021 - Waitsia Stage 2 enters FID, subject to certain regulatory approvals
• Executed key commercial agreements to progress the 250 TJ per day development.
• First LNG sales expected to commence ...
Warrego Announces Activity Report for Quarter Ended December 2020
Australia >> 1/25/2021 - Highlights
Health, Safety and Environment
• There were no safety or environmental incidents recorded during the quarter West Erregulla Field Appraisal
• The WE-3 appraisal well, locate...
Gazprom & LUKOIL Discuss Ongoing Efforts to Create Joint Venture
Russia >> 1/22/2021 - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Vagit Alekperov, President of LUKOIL, took place in St. Petersburg. ...
Notice of Intent to Perform Operations Received from Hazel Project Option Holder
United States >> 1/21/2021 - Torchlight Energy Resources, Inc. reported that Masterson Hazel Partners LP ("Masterson") has notified the Company of its intent to exercise its option to perform operations, at Masterson's sole cost ...
Energean Announces NEA/NI Final Investment Decision
Energean Announces NEA/NI Final Investment Decision Egypt >> 1/21/2021 - Energean plc is pleased to announce that Final Investment Decision has been taken on the North El Amriya and North Idku (“NEA/NI”) concession subsea tieback project in offshore Egypt. The NEA conces...
Karish North Final Investment Decision and New Term Loan
Israel >> 1/14/2021 - Energean plc (ENOG) is pleased to announce that it has taken Final Investment Decision (“FID”) on the Karish North gas development, offshore Israel, 21-months after the announcement of the discovery....
The Shelf 2020 – High Activity and Significant Investments
Norway >> 1/14/2021 - Activity on the Norwegian continental shelf last year remained at a high level, despite the ongoing pandemic. The year has been characterized by high production and significant investments in developm...
Independent Oil and Gas Announces Corporate & Operational Update
United Kingdom >> 1/11/2021 - Independent Oil and Gas plc ("IOG"), (IOG.L), the UK gas company targeting high returns via an infrastructure-led hub strategy, is pleased to provide an early 2021 update. ...
NOC Studies Strategic Plan to Corporate with US Department of Energy
Libya >> 1/6/2021 - Within the framework of supporting transparency and improving the overall performance of the National Oil Corporation (NOC) and its affiliates. ...
Advantage Announces Operational Update, Step Change in Well Productivity
Canada >> 1/6/2021 - Advantage Oil & Gas Ltd. is pleased to provide an operational update, including a step change in well productivity combined with reduced capital costs. All development in the second half of 2020 was f...
Trump Updates Plan for Energy Development in Alaska’s Petroleum Reserve
United States >> 1/4/2021 -  In support of the Trump Administration’s agenda for a stronger and more energy independent nation, the Bureau of Land Management has finalized a new Integrated Activity Plan (IAP) for the National Pe...
Canacol Energy Provides Gas Sales and Drilling Update
Colombia >> 1/4/2021 - Canacol Energy Ltd. is pleased to provide the following information concerning its November and December 2020 natural gas sales and a drilling update. ...
Yme New Development Project Update
Norway >> 1/4/2021 - OKEA ASA (“OKEA”) is pleased to announce that the onshore work on the production unit for the Yme field – the Mærsk Inspirer jack-up rig – has been completed and the rig has been safely installed at t...
Eni Signs a Memorandum of Understanding on Cooperation with China
China >> 12/29/2020 - Dr Huang Yong, Director General of the International Cooperation Center of the National Development and Reform Commission, and Eni’s Chief Executive Officer, Claudio Descalzi, signed today a Memorandu...
Zoltav Resources Provides Corporate Update
Russia >> 12/29/2020 - Zoltav (ZOL) provides a corporate update following a review by the board of directors, in consultation with the Company's major shareholders, of the strategic options available to the Company to secur...
Vintage Energy Provides Operations Update
Australia >> 12/23/2020 - Vintage Energy Ltd advises the following operational updates for the Cooper Basin ATP 2021 Vali gas field project, the Otway Basin PEP 155 Nangwarry-1 testing program and the Perth Basin Cervantes-1 o...

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