Development News

LUKOIL & Tatarstan Develop Cooperation
Russia >> 10/13/2021 - Vagit Alekperov, President of PJSC LUKOIL, and Rustam Minnikhanov, President of the Republic of Tatarstan, signed a cooperation agreement in Moscow. The parties intend to jointly develop upstream and ...
OKEA Decides to Halt Certain North Sea Developments
Norway >> 10/12/2021 - OKEA, as operator of the Vette licence (40% Working Interest (WI)), has decided to propose to the licence partners not to develop the Vette discovery further, due to the project’s insufficient financi...
KazMunayGas & Chevron Discuss Implementation of Future Project at Tengiz Field
Kazakhstan >> 10/11/2021 - Alik Aidarbayev, Chairman of the Management Board of JSC NC "KazMunayGas” has held a meeting with James Johnson, Executive Vice President, Upstream at Chevron.

The parties discussed a w...
PetroFrontier Announces Funding Transaction to Advance Development
Canada >> 10/8/2021 - PetroFrontier Corp. has entered into a letter of intent ("LOI") with an arm's-length third party company ("Fundco") which will enable continued development of PetroFrontier's joint ventures at the Col...
ExxonMobil Increases Stabroek Resource Estimate to Approximately 10B Barrels
Guyana >> 10/7/2021 - ExxonMobil increased its estimate of the discovered recoverable resource for the Stabroek Block offshore Guyana to approximately 10 billion oil-equivalent barrels. ...
Evelyn Development Well Completed
United Kingdom >> 10/7/2021 - Tailwind is pleased to announce that the Evelyn Development well has been safely drilled, completed and tested on time and on budget. The well was managed and operated by Petrofac on behalf of Tailwi...
PDC Energy Announces Unanimous Approval of Spinney Oil and Gas Development Plan
United States >> 10/6/2021 - PDC Energy, Inc. announced that the Colorado Oil and Gas Conservation Commission (COGCC) approved the Company’s Spinney Oil & Gas Development Plan (OGDP) permit application. The Spinney, an eight-well...
Eni CEO Claudio Descalzi Meets the President of the Republic of Benin Patrice Talon
Benin >> 10/4/2021 - The CEO of Eni, Claudio Descalzi, has met with the President of Benin, Patrice Talon, to discuss a possible collaboration in the field of the energy transition and the circular economy.

Mr....
Board of Directors of TATNEFT Discussed Development of the Oil/Gas Block
Kazakhstan >> 9/30/2021 - Kazan hosted a regular meeting of the Board of Directors of PJSC TATNEFT n.a. V.D. Shashin chaired by R.N. Minnikhanov, President of the Republic of Tatarstan, on September 30, 2021.

T...
Providence Resources Announces Half Year Results
Ireland >> 9/29/2021 - Providence Resources P.l.c., the Irish-based Energy Company, today announces its unaudited interim results for the half year ended June 30, 2021.

Business Review

Govern...
IOG Announces Successful Blythe Development Well 48/23a-H1 Flow Test
United Kingdom >> 9/29/2021 - IOG plc, the Net Zero UK gas and infrastructure operator focused on high return projects, is pleased to provide an update on the Blythe well 48/23a-H1, the second Phase 1 development well.

...
Equinor Given Consent for Extended Operation of Statfjord Ost
Norway >> 9/28/2021 - The Petroleum Safety Authority Norway (PSA) has given Equinor Energy AS (Equinor) consent for extended operation of the Statfjord East field. <...
Chariot Announces H1 2021 Results
Morocco >> 9/28/2021 - Chariot (CHAR), the Africa focused transitional energy company, announces its unaudited interim results for the six-month period ended 30 June 2021.

- Appraisal...
Official Government-Approved Naftogaz Plan for 2021
Ukraine >> 9/27/2021 - The following Naftogaz plan for 2021 has been officially confirmed (Cabinet of Ministers doc. No. 1011 of September 27, 2021).

...
Prospex Announces Tesorillo Project Status & Exploitation Concession Application
Spain >> 9/27/2021 - Prospex Energy PLC, the AIM quoted investment company focused on European gas and power projects, reports on the progress that its joint venture company Tarba Energía S.L. ("Tarba") has made with resp...
Submitting PDO for Frosk in the Alvheim area
Norway >> 9/27/2021 - Aker BP (operator) and licence partners Vår Energi AS and Lundin Energy Norway AS submitted a plan for development and operation (PDO) for the Frosk field to the Ministry of Petroleum and Energy (MPE)...
PetroNeft Announces Export of Crude Oil
Russia >> 9/23/2021 - PetroNeft (PTR) an oil & gas exploration and production company, operating in the Tomsk Oblast, Russian Federation, and 90% owner and operator of Licence 67 and 50% owner and operator of Licence 61 is...
Rockhopper Provides Sea Lion Update
Falkland Islands >> 9/23/2021 - Rockhopper Exploration plc, the oil and gas exploration and production company with key interests in the North Falkland Basin, notes the announcement this morning by Harbour Energy plc ("Harbour") reg...
MOP Resolute to Develop Joint Fields
Iran >> 9/19/2021 - The Deputy Chairman of the Energy Commission of the Islamic Consultative Assembly said: The determination of the Ministry of Petroleum under the 13th administration and the move towards increasing pro...
Gazprom Neft & LUKOIL Establish a JV to Develop Oil & Gas Cluster
Russia >> 9/16/2021 - Gazprom Neft and LUKOIL are establishing a joint venture (JV) to develop a major oil and gas cluster in the Yamalo-Nenets Autonomous Okrug’s Nadym-Pur-Tazovsky district, under an agreement signed by A...

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