Development News

Horse Hill-Oilfield Update
United Kingdom >> 3/16/2020 - Doriemus Plc has been informed by UK Oil & Gas Plc ("UKOG"), who is the majority owner of the operating company Horse Hill Developments Limited ("HHDL"), the operator of Horse Hill licenses, of the f...
Greater Buchan Area Joint Integrated Studies Agreement
United Kingdom >> 3/16/2020 - Jersey Oil & Gas plc, an independent upstream oil and gas company ?focused on the UK Continental Shelf ("UKCS") region of the North Sea, is pleased to announce it has established and will lead the Gre...
Independent Oil and Gas Provides Project and Corporate Update
United Kingdom >> 3/13/2020 - Independent Oil and Gas plc ("IOG"), the development and production company focused on becoming a substantial UK gas producer , whilst noting the current market volatility, is pleased to provide an up...
Horse Hill Field Granted Long-Term Production Consent by OGA
United Kingdom >> 3/13/2020 - UK Oil & Gas PLC is pleased to announce that the Oil and Gas Authority has approved the Horse Hill Field Development Plan and consented to the start of long-term production ("Production") from the fie...
Improved Execution of Development Projects
Norway >> 3/13/2020 - A review of 66 projects on the Norwegian continental shelf (NCS) in 2007-18 reveals that most have kept their cost within the estimates given in their plan for development and operation (PDO). ...
Repsol Sinopec to Develop Tain field in Block 13/23b
United Kingdom >> 3/12/2020 - Repsol Sinopec has posted on its web site an Environmental Statement for public consultation on the proposed development of the Tain field, Licence P.983. ...
Environmental Statement Submitted for Evelyn Development
United Kingdom >> 3/10/2020 - Tailwind is working towards committing to development of the Evelyn field located in the Central North Sea. The first phase of development will consist of a single well, subsea tie-back to the Triton ...
Gazprom Neft Strengthens Its Partnership with Khanty-Mansi Autonomous
Russia >> 2/25/2020 - Gazprom Neft has entered into a further social and economic cooperation agreement with the Government of the Khanti-Mansi Autonomous Okrug—Yugra. The signatories to this agreement were Alexander Dyuko...
Azar Oil Field to Start Production at Full Capacity
Iran >> 2/22/2020 - The Azar oil field, which Iran shares with neighboring Iraq, is one of the most challenging hydrocarbon fields in terms of drilling. It is currently in the final stages of development. Iranian contrac...
Sound Energy Announces Partial Divestment Update & LNG Strategy
Morocco >> 2/17/2020 - Sound Energy, the Moroccan focused upstream gas company, announced on 6 November 2019 that the Company had entered into non-binding heads of terms (HOT) agreement with a privately-owned UK registered ...
Zallaf Company Opens New Office in the South
Libya >> 2/17/2020 - Zallaf Z Oil & Gas Exploration and Production Company, a subsidiary of National Oil Corporation (NOC), opened a new operations office in Awinat, to follow up on the development of the Erawin field adj...
Papua New Guinea Scraps Talks with Exxon on P'nyang Gas Project
Papua-New Guinea >> 1/31/2020 - Papua New Guinea called off negotiations with Exxon Mobil regarding the P’nyang gas project, casting a shadow on a $13 billion plan to double the country’s gas exports by 2024. The government said Exx...
Cooperation Prospects of Gazprom & LUKOIL
Russia >> 1/28/2020 - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Vagit Alekperov, President of LUKOIL, took place in Moscow. ...
Petropars Developing South Pars Phase 11 Alone
Iran >> 1/25/2020 - Iranian Minister of Petroleum Bijan Zangeneh said Iran's Petropars was developing Phase 11 project of South Pars gas field as CNPC International and Total had fully abandoned the project. ...
Sangomar Field Development Project Update
Senegal >> 1/22/2020 - FAR Limited has signed a binding Memorandum of Understanding (“MoU”) with Glencore Energy (UK) Ltd for the full allocation of the Company’s share of crude oil from the Sangomar Field. ...
Wressle Development Granted Planning Consent on Appeal
United Kingdom >> 1/17/2020 - Egdon Resources plc is pleased to report that the Planning Inspectorate has upheld our appeal and granted planning consent for the development of the Wressle Oil Field in North Lincolnshire licences P...
Sangomar Field Development Exploitation Plan Approved by Government of Senegal
Senegal >> 1/9/2020 - The Government of Senegal has approved the Rufisque Offshore, Sangomar Offshore and Sangomar Deep Offshore (RSSD) joint venture Exploitation Plan and granted the Exploitation Authorisation for the San...
Sangomar Field Development, FID and Financing Update
Senegal >> 12/24/2019 - FAR Limited, as a partner in the Sangomar Field Development offshore Senegal, provides the following end of year update for shareholders. ...
Investment Decision on the North Komsomolskoye Project
Russia >> 12/23/2019 - Equinor and Rosneft have taken an investment decision on the first stage of the North Komsomolskoye full field development. ...
Increasing Recovery from the Balder Field
Norway >> 12/20/2019 - On Tuesday 17 December, Var Energi submitted an amended Plan for Development and Operation (PDO) for the Balder field and the associated Ringhorne deposit in the North Sea. The development will contri...

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