Development News

Ring Energy Provides Encouraging Update on Northwest Shelf Phase II
United States >> 6/16/2021 - Ring Energy, Inc. provided an update on its previously announced program to drill and complete three wells (“the “Phase II Program”) on the Company’s top tier Northwest Shelf (“NWS”) acreage, targetin...
NAMCOR & ReconAfrica Sign JOA to Develop Kavango Basin
Namibia >> 6/14/2021 - The National Petroleum Corporation of Namibia (“NAMCOR”) and Reconnaissance Energy Africa Ltd. (“ReconAfrica”) are pleased to announce the execution of a Joint Operating Agreement (“JOA”) to develop t...
Cairn Energy Announces Operational Update in Egypt
Cairn Energy Announces Operational Update in Egypt Egypt >> 6/11/2021 - Ahead of the shareholder circular and General Meeting in connection with the proposed acquisition, Cairn has published on its website the associated Competent Persons Report ("CPR") and a presentation...
Reabold Resources Announces Results for the Year Ended 31 December 2020
United Kingdom >> 6/10/2021 - Reabold, the investor in upstream oil and gas projects, is pleased to announce its audited results for the year ended 31 December 2020. ...
OGA Approves Saltfleetby Field Development Plan
United Kingdom >> 6/9/2021 - Angus Energy plc is pleased to announce that the Oil & Gas Authority has approved the Company’s Field Development plan in relation to its plans for the Saltfleetby Gas Field (the “Field”), which inclu...
Africa Energy Announces Block 11B/12B Operations Update
South Africa >> 6/8/2021 - 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 are...
Cambo Field Developmental Statement (D/4261/2021)
United Kingdom >> 6/7/2021 - Siccar Point Energy E&P Limited (SPE) has made an application for consent to the Oil and Gas Authority (“the OGA”) in relation to the above project.

Summary of Project
The Cambo oil f...
Gazprom and OMV Maintaining Strategic Cooperation
Russia >> 6/4/2021 - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Rainer Seele, Chairman of the Executive Board of OMV, took place at the St. Petersburg International Economic...
Gazprom and SOCAR Review Cooperation Prospects
Azerbaijan >> 6/3/2021 - A working meeting between Alexey Miller Chairman of the Gazprom Management Committee, and Rovnag Abdullayev, President of the State Oil Company of the Azerbaijan Republic (SOCAR), took place at the St...
Alexey Miller & Franklin Molina Ortiz Discuss Current & Prospective Projects
Bolivia >> 6/3/2021 - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Franklin Molina Ortiz, Minister of Hydrocarbons and Energy of Bolivia, took place at the St. Petersburg Inter...
Gazprom Neft & Novatek Establish a Joint Venture for Offshore Operations
Russia >> 6/3/2021 - Gazprom Neft and NOVATEK have established a joint venture to develop the Severo-Vrangelevsky license block, under an agreement signed by Alexander Dyukov, Chairman of the Management Board, Gazprom Nef...
Saltfleetby Gas Field Finance and Operations Update
United Kingdom >> 6/3/2021 - Highlights:
· £12 million facility for the re-development of Saltfleetby has been signed, the Conditions Precedents have been fulfilled and facility is now available and being drawn
· Angu...
Jersey Oil & Gas Provides Operational Update
United Kingdom >> 6/2/2021 - Jersey Oil & Gas, an independent upstream oil and gas company ?focused on the UK Continental Shelf ("UKCS") region of the North Sea, is pleased to provide an operational update in respect of its Great...
Vagit Alekperov & Alexey Miller Discuss Joint Project in Nenets Region
Russia >> 6/2/2021 - President of LUKOIL Vagit Alekperov and Chairman of the Management Committee of Gazprom Alexey Miller had a business meeting today at the St. Petersburg International Economic Forum?. The parties put ...
Final Investment Decision for Bacalhau Phase 1 in Brazil
Brazil >> 6/1/2021 - Equinor (operator) and ExxonMobil, Petrogal Brasil and Pré-sal Petróleo SA (PPSA) have decided to develop phase one of the Bacalhau field in the Brazilian pre-salt Santos area. The investment is appro...
Decision to Develop the Hasselmus Gas Discovery
Norway >> 6/1/2021 - Draugen operator OKEA ASA and partners Petoro AS and Neptune Energy Norge AS have made the decision to develop the Hasselmus gas discovery. Hasselmus will be the first tie-back to the Draugen product...
NIOC Signs Study MoUs with Local Firms for Developing Azadegan Field
Iran >> 5/31/2021 - The National Iranian Oil Company (NIOC) signed three study memoranda with local E&P firms for the development of Azadegan Oilfield. ...
NOC Chairman Meets Representatives of the Norwegian Company Equinor
Libya >> 5/30/2021 - Within the context of the continuing visits by senior executives of international oil and gas companies (NOC partners), Chairman of the Board of NOC, Mr. Mustafa Sanalla, received on Thursday 27th May...
SONATRACH Ready to Develop Privileged Relations with the Libyan Partner
Algeria >> 5/29/2021 - The CEO of the SONATRACH Group, Toufik Hakkar affirmed, Saturday in Algiers, that the Group is ready to strengthen the privileged relations with the Libyan partner to establish a winning partnership a...
Introduction of Sweet Hydrocarbons at Oman Yibal Khuff Project
Oman >> 5/27/2021 - Petrofac's team delivering the massive Yibal Khuff Project for Petroleum Development Oman (PDO) has safely achieved an important milestone with the introduction of sweet hydrocarbons to the Central Pr...

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