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Development News

Independent Oil and Gas Provides Operational Update
United Kingdom >> 2/1/2018 - Independent Oil and Gas plc, the development and production focused Oil and Gas Company is pleased to provide an update on the operational progress of its Southern North Sea gas hub developments. ...
CNOOC Limited Announces its 2018 Business Strategy & Development Plan
China >> 2/1/2018 - CNOOC Limited announced its business strategy and development plan for the year 2018. The Company’s net production target for 2018 is 470 million to 480 million barrels of oil equivalent (BOE), of whi...
Acid-Proppant Fracturing Used at the Eastern Block of Orenburgskoye Field
Russia >> 1/31/2018 - Multi-stage acid-proppant fracturing has been used for the first time by Gazprom Neft, at well No. 1522 in the Eastern block of its Orenburgskoye oil and gas-condensate field. Well productivity under ...
Three Oilfields Contracts will Be Finalized by the March 2018
Iran >> 1/30/2018 - Managing director of National Iranian Oil Company (NIOC) said Mansouri oilfield contract was finalized by the first half of March and two companies were selected for the development plan. Ali Karder r...
Gazprom Interested in Developing Four Gas Fields in Iran
Iran >> 1/30/2018 - Russian state-owned giant Gazprom is interested in developing four fields in Iran. The company is expected to submit official applications to participate in the projects by the end of March, revealed ...
Byron Energy Drills Third Successful Oil Well at SM 71
United States >> 1/29/2018 - Byron Energy Limited (BYE) is pleased to advise that the Byron operated OCS-G34266 #F3 well (F3) on South Marsh Island Block 71 (SM 71), was drilled to a final total depth of 7,717 feet Measured Depth...
Igor Sechin Makes a Business Trip to Germany
Germany >> 1/23/2018 - Igor Sechin, Chief Executive Officer of Rosneft, has made a business trip to Germany visiting Schwedt Refinery (PCK). The head of Rosneft and Gerhard Schroeder, Chairman of the Company Board of Direct...
Cepsa & Sonatrach Sign Exploitation Contract with Alnaft for RKF Field
Cepsa & Sonatrach Sign Exploitation Contract with Alnaft for RKF Field Algeria >> 1/19/2018 - Cepsa, Sonatrach and Alnaft, the National Resources Development Agency of Algeria, have signed a new concession contract for the operation of the Rhoude el Krouf (RKF) oilfield, located in the Berkine...
Wressle Forward Plan
United Kingdom >> 1/18/2018 - Egdon Resources plc (EDR) can advise the forward plan for the Wressle oil field development following the decision made by the Planning Inspector issued on 4 January 2018, to reject the appeals by Egd...
Tulip Oil Announces the FID for the Q10 Offshore Gas Field
Netherlands Antilles >> 1/16/2018 - Tulip Oil Netherlands Offshore B.V. (Tulip Oi), a wholly owned subsidiary of Tulip Oil Holding B.V., is pleased to announce the Final Investment Decision related to the development of the Q10 gas fiel...
Iraq Ministry of Oil Declares Qualified Companies to Develop 9 Blocks
Iraq >> 1/14/2018 - The petroleum contracts & licensing directorate of the ministry of oil declared the qualification of 5 different international companies, from 8 companies. The companies have presented for the qualifi...
Petroleum Minister Meeting with CEO of the German DEA
Petroleum Minister Meeting with CEO of the German DEA Egypt >> 1/10/2018 - Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources received Mrs. Maria Moraeus Hanssen, CEO of the German company DEA and the accompanying delegation. During the meeting, they reviewed t...
Aminex Provides Update on Tanzania Operations
Tanzania >> 1/8/2018 - Aminex is pleased to provide the following operations update on its assets in Tanzania. ...
Egdon's Wressle Development Planning Appeals Rejected
United Kingdom >> 1/5/2018 - Egdon Resources plc can advise that the Planning Inspectorate has issued its decision in respect of the Wressle Planning Inquiry. The decision made by the Inspector is to reject the appeals by Egdon a...
Invitation to Company Update - Oil & Gas Segment
Gabon >> 1/4/2018 - BW Offshore will host a presentation with main focus on the company's field development activities through the joint venture company BW Energy and the planned development of the Dussafu field offshore...
Iraq Ministry of Oil Signs Contract to Develop the East Baghdad Oil Field
Iraq >> 12/27/2017 - In the presence of the minister of oil, the ministry of oil signed the initial form of the contract to develop the (East Baghdad field- The southern part) with Jinhua Chinese Company. ...
Gazprom & TMK Discuss Cooperation Matters
Russia >> 12/25/2017 - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Dmitry Pumpyansky, Chairman of the Board of Directors of TMK, took place in St. Petersburg today. ...
Research Role in South Pars Sustainable Development
Iran >> 12/23/2017 - Pars oil and gas company managing director stressed the significance of the role of research and technology in sustainable development as well as eliminating problems existed in front of south pars pr...
Rosneft & BP Agree to Jointly Develop Subsoil Resources in YaNAO
Russia >> 12/21/2017 - Rosneft and BP have agreed to develop subsoil resources within the Kharampurskoe and Festivalnoye licence areas of the Yamalo-Nenets Autonomous Okrug in northern Russia, with total geological reserves...
Investing in 25 More Years on the Snorre Field
Norway >> 12/21/2017 - Statoil is today, on behalf of the Snorre Unit partners, submitting the plan for development and operation (PDO) of the Snorre Expansion Project to the authorities. At the same time, contracts worth u...

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