Development News

Activity Rising Again in the Petroleum Industry in Norway
Norway >> 7/17/2020 - In the first half of 2020, activity on the Norwegian shelf has been characterised by the corona situation with restrictions on activity, a drop in demand and a declining oil price. ...
Mubadala's 2020 Development Drilling & Workover Program Increases Production Capacity
Thailand >> 7/14/2020 - Tap Oil Limited is pleased to provide updated information in relation to the completion of the Manora 2020 development drilling and workover campaign using the Valaris 115 jack-up drilling rig. The Ma...
Gas Agreement Discussion Commenced for the Pasca A Development
Papua-New Guinea >> 7/14/2020 - The State of Papua New Guinea has commenced negotiations with Twinza on the fiscal terms that will apply to the development of the Pasca A gas-condensate field in the Gulf of Papua. The Government is ...
NIOC Awards Joint Field Development to Local Firm
Iran >> 7/11/2020 - The National Iranian Oil Company (NIOC) has signed a contract with Persia Oil and Gas Industry Development Company (POGIDC) for the development of Yaran joint oilfield. ...
Zarubezhneft Shall Commence the Development Offshore Vietnam
Vietnam >> 7/10/2020 - The Ministry of Industry and Trade of the Socialist Republic of Vietnam issued an adjusted investment license for the oil and gas Block 09-2/09 located on the continental shelf of the country on July ...
Talos Energy Receives Official Instruction to Unitize Zama Field
Mexico >> 7/9/2020 - Talos Energy Inc. announced that on July 7, 2020, the Company received a notice from Mexico's Ministry of Energy ("SENER") instructing the partners of Block 7 and Petróleos Mexicanos ("Pemex") to unit...
NOC Chairman & Eni CEO Discuss Energy Sector Conditions in Libya
Libya >> 7/8/2020 - National Oil Corporation (NOC) Chairman Eng. Mustafa Sanalla met with the CEO of Eni, Mr. Claudio Descalzi on Wednesday July 8, 2020 at the NOC headquarters in Tripoli to discuss the effects of the il...
LNG Heads of Terms with Leading Moroccan Energy Group
Morocco >> 6/29/2020 - Sound Energy, the Moroccan focused upstream gas company, is pleased to provide the following update in relation to the Company's micro liquified natural gas (mLNG) phase 1 development plan for the TE-...
LLOG Exploration Announces the Sanctioning of its Taggart Discovery
United States >> 6/29/2020 - LLOG Exploration Offshore, L.L.C., a privately-owned exploration and production company focused on the deepwater Gulf of Mexico ("GOM"), announced the sanctioning of its Taggart discovery and the sign...
Lansdowne Announces Its Audited Results, for the Year Ended 31 December 2019
Ireland >> 6/26/2020 - Lansdowne Oil & Gas ("Lansdowne") is pleased to announce its audited results, for the year ended 31 December 2019. Lansdowne is an upstream oil and gas company, focused on exploration and appraisal ac...
Aker BP Submits Plan for Development and Operation for Hod
Norway >> 6/24/2020 - Aker BP and Pandion Energy submitted the plan for development and operation (PDO) for Hod to the Ministry of Petroleum and Energy. The Hod field will be developed in collaboration with Aker BP’s allia...
Sakhalin Energy Has Extended the Development Licenses
Russia >> 6/18/2020 - Sakhalin Energy has extended the development licenses for Piltun-Astokhskoye and Lunskoye fields in the Sea of Okhotsk, which were issued to the company in May 1996 initially for a period of 25 years....
Trillion Energy Provides Update on SASB Gas Field Operations
Turkey >> 6/18/2020 - Trillion Energy International Inc. is pleased to provide an update on the South Akcakoca Gas-Basin “SASB” gas fields, one of the Black Sea’s first and largest natural gas development projects. ...
Chariot Oil & Gas Announces 2019 Final Results
Morocco >> 6/17/2020 - Chariot Oil & Gas Limited (CHAR), the Atlantic margins focused oil and gas company, announces its audited final results for the year ended 31 December 2019. ...
Pandion Energy Approves the Hod Development Project
Norway >> 6/12/2020 - The Board of Directors of Pandion Energy has approved sanctioning of the Hod development project. The project was originally scheduled for approval in March but was put on hold due to the outbreak of...
Erawin Field Development Plan
Libya >> 6/11/2020 - The National Oil Corporation "NOC" and "Zallaf Libya" Company for Exploration and Production of Oil and Gas held a meeting through Teams Video Conferencing Technology in the presence of Mr. Abulgasem ...
Equinor & Aker BP Agree on Way Forward for Krafla, Fulla and North of Alvheim
Norway >> 6/11/2020 - The parties have entered into an agreement on commercial terms for a coordinated development of the licenses Krafla, Fulla and North of Alvheim (NOA) on the Norwegian Continental Shelf. Equinor is the...
Senex Completes Transformational $400M Surat Basin Development Project
Australia >> 6/10/2020 - Senex Energy Ltd announced the successful completion of its 100% owned Surat Basin natural gas development project, establishing Senex as an important supplier of gas to the domestic market.
Sleipner Field Centre to be Partly Electrified
Norway >> 6/9/2020 - Equinor and partners Vår Energi, LOTOS and KUFPEC have made an investment decision to partly electrify the Sleipner field. Today, the partners are submitting a revised plan for development and operati...
Gazprom Neft Starts Developing Bazhenov Formation at Salym Blocks
Russia >> 6/4/2020 - The Bazhenov Technology Centre (a Gazprom Neft subsidiary) is preparing to commence development of Bazhenov Formation deposits at Salym-group license blocks in the Khanty-Mansi Autonomous Okrug-Yugra....

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