Development News

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....
Gazprom & Rusgazdobycha Reach Investment Decision on Semakovskoye Field
Russia >> 6/2/2020 - Gazprom and RusGazDobycha reached a final investment decision on the project for the development of the Semakovskoye gas field in the Yamal-Nenets Autonomous Area. ...
Independent Oil and Gas Awards Petrofac Phase 1 Well Management Contract
 Independent Oil and Gas Awards Petrofac Phase 1 Well Management Contract United Kingdom >> 6/1/2020 - Independent Oil and Gas plc (IOG), (IOG.L), as operator of its joint venture with CalEnergy Resources (UK) Ltd, is pleased to announce that it has awarded the Core Project Phase 1 well management cont...
Gazprom Neft Starts Developing Gas Fields in Yamalo-Nenets Autonomous
Russia >> 5/19/2020 - Gazprom Neft subsidiary Gapzromneft-Zapolyarye is set to begin developing Neocomian-Jurassic deposits at the Bovanenkovskoye oil and gas condensate field and the Kharasaveyskoye gas condensate field (...
Repsol Given Consent to Use Maersk Inspirer at Yme
Norway >> 5/18/2020 - Norway's Petroleum Safety Authority has given Repsol Norge (Repsol) consent to use the Maersk Inspirer mobile facility on the Yme field. ...
PNG Government &Twinza to Commence Gas Agreement Discussions
Papua-New Guinea >> 5/18/2020 - Twinza welcomes the announcement by the PNG Prime Minister, the Honourable James Marape, that the National Executive Council has endorsed the submission for development of the Pasca A gas-condensate f...
Gazprom Neft Improves Efficiency at the Chayandinskoye Field
Russia >> 5/13/2020 - Gazpromneft-Zapolyarye has commissioned its first “fishbone” well at an oil-rim deposit at the Chayandinskoye field in Yakutia. The initial flow rate from this multi-branched well has exceeded that of...
Petro Matad Announces Cost Optimization & Exploitation License Update
Mongolia >> 5/11/2020 - Petro Matad Limited, the AIM quoted Mongolian oil explorer, provides an update on cost saving measures and its application for an Exploitation Licence covering the Heron 1 oil discovery. ...
Genel Energy Provides Update on Bina Bawi PSC
Iraq >> 5/1/2020 - Genel Energy plc provides the following update on the Bina Bawi PSC. Extensive documentation was received in mid-April from the Kurdistan Regional Government (‘KRG’) following the commercial underst...
Ten More Years for Troll B
Norway >> 4/20/2020 - The authorities have granted consent to operator Equinor and the other licensees for a 10-year lifetime extension for the Troll B facility in the North Sea. The extended lifetime for Troll B also incl...
Iran Will Increase Output from West Karoun Fields by 1 mb/d
Iran >> 4/19/2020 - West Karoun is now known to Iranians. This border area is expected to form Iran’s oil civilization. According to plans, Iran intends to increase output from the 11 oil fields located in West Karoun by...
Start Planned for Arrow’s Surat Gas Project
Australia >> 4/17/2020 - Arrow Energy has this morning sanctioned commencement of the first phase of its Surat Gas Project (SGP) in southern Queensland, with construction set to begin this year. Arrow’s sanction decision foll...
ADNOC Terminates 2 Awarded Contract for Dalma Gas Project
United Arab Emirates >> 4/16/2020 - Petrofac Ltd announces that its Petrofac Emirates joint venture has received notice of termination from Abu Dhabi National Oil Company (ADNOC) of two recently awarded contracts for the Dalma Gas Devel...
Submission of Field Development Plan Addendum for Karish North
Israel >> 4/9/2020 - Energean Oil and Gas plc (ENOG) the oil and gas producer focused on the Mediterranean, is pleased to announce the completion of an independent Competent Persons Report (CPR) by DeGolyer and MacNaughto...
NOPSEMA Approves Scarborough Gas Development Offshore Australia
Australia >> 4/2/2020 - Woodside has achieved an important regulatory milestone for its Scarborough gas development offshore Western Australia. The National Offshore Petroleum Safety and Environmental Management Authority (N...
SOCAR & Equinor Confirm Participation in the Development of Karabagh Field
Azerbaijan >> 3/30/2020 - President of SOCAR Rovnag Abdullayev met with Head of Equinor Representative Office in Azerbaijan Fawad Quraishi. They have discussed the issues related to the discovery of Karabagh oil field and exch...
Bowleven Announces Preliminary Results & Update on its Operations in Cameroon
Cameroon >> 3/27/2020 - Bowleven, the Africa focused oil and gas exploration Group traded on AIM, announces its unaudited interim results for the six months ended 31 December 2019. ...
Execution of Study Agreement with PETRONAS
Malaysia >> 3/25/2020 - JX Nippon Oil & Gas Exploration Corporation ("JX") has, in collaboration with Japan Oil, Gas and Metals National Corporation ("JOGMEC"), executed a Study Agreement ("SA") with Petroliam Nasional Berah...
Petro Matad Provides Update on Mongolia Operations
Mongolia >> 3/23/2020 - Petro Matad Limited, the AIM quoted Mongolian oil explorer, is pleased to provide an operational update on its activities in Mongolia. ...

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