Development News

Horisont Energi and Neptune Energy Sign Project Agreement for the CCS Project Errai
Norway >> 10/6/2022 - Horisont Energi announced the signing of a project agreement with Neptune Energy to develop the Errai Carbon Capture and Storage (CCS) project in Norway.

The project agreement builds on th...
Shell Invests in Phase 4 of the GKGJE Deepwater Development
Shell Invests in Phase 4 of the GKGJE Deepwater Development Malaysia >> 10/3/2022 - Sabah Shell Petroleum Company Ltd (SSPC) announced it has taken a final investment decision (FID) on Phase 4 of the Gumusut-Kakap-Geronggong-Jagus East (GKGJE) deepwater offshore development project, ...
Presentation of Unified Integration Centre Took Place at Sakhalin Oil and Gas 2022 Forum
Russia >> 9/30/2022 - The centerpiece of the closing day of the Sakhalin Oil and Gas 2022 Far Eastern Energy Forum was the presentation of the Unified Integration Centre. The innovative approach developed by Sakhalin Energ...
Lansdowne Announces Interim Results for Six Months Ended 30 June 2022
Ireland >> 9/29/2022 - Lansdowne Oil & Gas ("Lansdowne") is pleased to announce its unaudited results, for the six months ended 30 June 2022. The Company has targeted the Irish offshore shelf areas close to existing operati...
Prospera Announces Significant Development Plan to Increase Production
Canada >> 9/28/2022 - The reorganized efforts of Prospera have resulted in increased gross production from 80bpd to 800bpd, Q2 revenue grew by 860%, reserve asset value grew from -3.4m$ to 56.2m$ from the previous year. Se...
ONE-Dyas and Partners Make Final Investment Decision to Develop North Gas Field
Netherlands/Holland >> 9/27/2022 - ONE-Dyas, together with partners EBN and Hansa Hydrocarbons, have made a final investment decision for the development of the N05-A gas field in the North Sea. The decision involves an investment of m...
VAALCO Energy Announces Approval of Plan of Development for Discovery on Block P
Equatorial Guinea >> 9/26/2022 - VAALCO Energy, Inc. announced that the Government of Equatorial Guinea has approved the Venus - Block P Plan of Development (“POD”). VAALCO has an 80% participation interest in the project and is the ...
Cypre Project Gets Go Ahead
Trinidad and Tobago >> 9/24/2022 - bp Trinidad and Tobago (bpTT) today confirmed that it is proceeding with the development of its Cypre offshore gas project.

This decision followed recent meetings of Trinidad and Tobag...
INEOS and its Partners Agree FID for the Development of the Solsort Field
Denmark >> 9/23/2022 - INEOS and its partners in the Solsort Unit, Danoil and Nordsøfonden, have agreed on Final Investment Decision regarding the development of the Solsort West field in the Danish part of the North Sea af...
Prospex Energy Provides Selva Field Development Update
Italy >> 9/21/2022 - Prospex Energy, the AIM quoted investment company focused on European gas and power projects, notes the announcement made by Po Valley Energy released on the ASX on Monday 19 September 2022 and provid...
TotalEnergies Announces Launch of the Fenix Offshore Gas Project
Argentina >> 9/19/2022 - TotalEnergies has approved the final investment decision for the Fenix gas development, located 60 km off the coast of Tierra del Fuego in southern Argentina.

Through its Total Austral aff...
Var Energi Provides Update on Balder X Project
Norway >> 9/19/2022 - Vår Energi ASA (OSE: VAR) today provided an update on the progress for the Balder X development and a revised cost estimate which reflect increased scope of work, the continued impact from global su...
Iraq Oil Minister Stresses on Developing Eridu Field and Investing in Gas in West Qurna/2
Iraq >> 9/15/2022 - The Minister of Oil stressed the importance of speeding up and starting the development and production operations in Areedo field, which is located within the 10th exploration block located between th...
Chariot Limited Announces H1 2022 Results
Morocco >> 9/14/2022 - Chariot (CHAR), the Africa focused transitional energy company, announces its unaudited interim results for the six-month period ended 30 June 2022.
ADNOC & Eni Contribute to Increasing Worldwide Gas Supply Security
United Arab Emirates >> 9/12/2022 - His Excellency Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and Abu Dhabi National Oil Company (ADNOC) Managing Director and Group CEO, and Claudio Descalzi, Eni's Chief...
The President of Côte d’Ivoire Alassane Ouattara Meets Eni CEO Claudio Descalzi
Ivory Coast (Cote D'Ivoire) >> 9/9/2022 - The President of Côte d’Ivoire Alassane Ouattara met Eni's Chief Executive Officer Claudio Descalzi in Abidjan, to discuss the progress of the company’s activities in the country, future projects and ...
Icon Energy Signed Non-Binding Letter of Intent
Australia >> 9/7/2022 - Icon Energy Limited (ICN) (Party A) is pleased to announce that it has signed a Letter of Intent (LOI) and Terms Sheet of Essential Commercial Terms with RP Trust Inc (LL14922) (Party B) a Malaysian t...
Africa Energy Announces Block 11B/12B Operations Update
South Africa >> 9/7/2022 - Africa Energy Corp., an oil and gas company with exploration assets offshore South Africa and Namibia, is pleased to announce that the joint venture partners on Block 11B/12B offshore South Africa (th...
PETRONAS and Sarawak State Government Commemorate Achievements in Oil & Gas Industry
Malaysia >> 8/23/2022 - PETRONAS and the Sarawak State Government yesterday commemorated their strategic collaboration achievements in the development of the oil and gas industry in Sarawak.

The ceremony was witne...
Huabei Oilfield Lights up the Development Path of Heavy Oil
China >> 8/17/2022 - On August 15, in Erlian Menglin Oilfield, Huabei Oilfield, 20 days after the "ignition" of three gas injection wells, the gas injection pressure, temperature, produced gas components and oil samples w...

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