Development News

Beach Announces FY23 Third Quarter Activities Report
Australia >> 4/13/2023 - Quarterly production down 5% to 4.5 MMboe; Western Flank oil production stabilised
• Western Flank oil production stabilised with nine of 10 unconnected wells brought online
• Gas productio...
Block Energy Signs MoU with the Ministry of Economy and Sustainable Development of Georgia
Georgia >> 4/11/2023 - Block Energy plc, the exploration and production company focused on Georgia, is pleased to announce that it has entered into a Memorandum of Understanding ("MoU") with the Ministry of Economy and Sust...
IDC Funding Received to Commence JV Development
South Africa >> 4/5/2023 - HIGHLIGHTS
• Industrial Development Corporation of South Africa (IDC) has advanced first funds towards its JV with Afro Energy to develop gas fields to produce gas for industrial, commercial, ...
INPEX Submits Revised Plan of Development for Abadi LNG Project
Indonesia >> 4/5/2023 - INPEX CORPORATION (INPEX) announced that through its subsidiary INPEX Masela, Ltd., it has submitted a revised Plan of Development (POD) for Abadi LNG Project (hereinafter “Project”) incorporating a...
W&T Apparent High Bidder on Two GoM Blocks in Lease Sale 259
United States >> 4/4/2023 - W&T Offshore, Inc. (WTI) (“W&T”) announced that the Company was the apparent high bidder on two blocks in the Gulf of Mexico (“GOM”) Lease Sale 259 held by the Bureau of Ocean Energy Management (“BOEM...
Marathon Oil Announces Agreement to Further Develop Equatorial Guinea Gas Mega Hub
Equatorial Guinea >> 3/30/2023 - Marathon Oil Corporation through its affiliated company Marathon E.G. Holding Limited, announced it has signed a Heads of Agreement (HOA) with the Republic of Equatorial Guinea (E.G.) and Noble Energy...
Perma-Pipe International Announces Plans to Expand to Qatar
Qatar >> 3/27/2023 - Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH) has taken preliminary steps to expand operations to Qatar and mobilization is expected to commence during the current year. In addition to the lo...
Technip Energies Consolidates Namibia’s Diverse Energy Mix with Multi-Project Developments
Namibia >> 3/27/2023 - Following a series of successful project developments in Mozambique and Senegal, the French-based engineering and technology company is reaffirming its commitment to Africa’s energy future with a myri...
Indonesia Energy Announces Updates on Discovery Wells Drilled in 2022
Indonesia >> 3/27/2023 - Indonesia Energy Corporation (INDO) ("IEC"), an oil and gas exploration and production company focused on Indonesia, today announced updates on its discovery wells drilled in 2022 and its ongoing deve...
Talos & its Partners Announce Submission of Development Plan for Zama Project
Mexico >> 3/23/2023 - Talos Energy Inc. ("Talos") (TALO) and the other Zama Unit Holders Wintershall Dea, Harbour Energy plc ("Harbour") and Petróleos Mexicanos ("Pemex"), announced that on March 23, 2023, Pemex, as operat...
Atlas and Partners Advance Venus Plan of Development in Equatorial Guinea
Equatorial Guinea >> 3/22/2023 - Atlas Petroleum International announced the development of the Venus discovery in Block P, Equatorial Guinea, jointly with its partners Vaalco as operator, and Guinea Ecuatorial de Petroleós Co. (GEPe...
VNG Receives Approval for RNG Pilot Program
United States >> 3/21/2023 - A five-year pilot from Virginia Natural Gas (VNG) aims to encourage the development of renewable natural gas (RNG) production facilities within the VNG service territory. Recently approved by the Virg...
Aker BP Moving Ahead with Nine of Ten PDO Projects
Norway >> 3/21/2023 - Aker BP (OSE: AKRBP) (OTCQX: AKRBF; AKRBY) has notified the Norwegian Ministry of Petroleum and Energy that the company has acceded to all the Plans for Development and Operation submitted in December...
Pennpetro Energy Commences Texas Oil & Gas Joint Venture
United States >> 3/16/2023 - Highlights:
· Formal Agreements signed with Millennium PetroCapital, to selectively participate in Austin Chalk production wells, across 250,000 acres in Gonzales County, Texas
· Mi...
Equinor Receives Consent to use Floatel Endurance on the Grane field
Norway >> 3/15/2023 - Equinor has received consent for the use of Floatel Endurance as a flotel on the Grane field until 1 May 2023.

Grane
Grane is a field in the central part of the North Sea, just east o...
Equinor Receives Consent to Modifications, Åsgard B
Norway >> 3/14/2023 - The Petroleum Safety Authority Norway (PSA) has given Equinor consent to major modifications in connection with low-pressure project 3 at Åsgard B.

Operator: Equinor

Field: Åsga...
Interior Department Substantially Reduces Scope of Willow Project
United States >> 3/13/2023 - Today, the Interior Department issued a Record of Decision regarding the proposed Willow Master Development Plan in the National Petroleum Reserve-Alaska (NPR-A). The Department is substantially reduc...
Anshof Oil Field Production License Awarded to ADX Energy
Austria >> 3/13/2023 - The production license award enables ADX to expand the development of the oil field including the drilling of two development wells within the next 12 months in addition to the already producing Ansho...
Petrobras & Shell Agree a MoU on Identifying New Upstream Business
Petrobras & Shell Agree a MoU on Identifying New Upstream Business Brazil >> 3/9/2023 - Jean Paul Prates, the CEO of Petrobras and Wael Sawan, the CEO of Shell, signed today a Memorandum of Understanding, during CERAWeek, in Houston, in order to encourage discussion and collaboration bet...
Energean Announces First Gas from NEA, Offshore Egypt
Energean Announces First Gas from NEA, Offshore Egypt Egypt >> 3/9/2023 - Energean plc (ENOG) is pleased to confirm that first gas has been safely delivered at North El Amriya and North Idku ("NEA/NI"), offshore Egypt. ...

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