Development News

CNOOC Signs Strategic Cooperation Agreements with 9 International Oil Companies
CNOOC Signs Strategic Cooperation Agreements with 9 International Oil Companies China >> 12/18/2018 - CNOOC Limited has announced that its parent company, China National Offshore Oil Corporation (CNOOC), has signed Strategic Cooperation Agreements with 9 international oil companies including: Chevron,...
South Pars Phase13; Second Deck Installed
Iran >> 12/18/2018 - The second deck, 13D, belonging to phase13 was successfully installed in a week after the first deck called 13B. Simultaneously sailed out from the industrial yard of SADRA, the decks 13D, a week afte...
Oman Seeks Intl Investment to Develop Ultra-heavy Oilfield
Oman >> 12/17/2018 - Oman’s Ministry of Oil & Gas says it will open up its ultra-heavy oilfield at Habhab in south Oman to investment and development by international players with the technological and financial wherewith...
SP13 First Deck Installed
Iran >> 12/15/2018 - The first deck of phase13, weighing 2200 tons, was installed in its location. Phase13 director, Payyam Motamed, announced two decks called 13B and 13D were simultaneously loaded at SADRA yard to insta...
BP Announces Sanction of Cassia Compression & Matapal Gas Projects
Trinidad and Tobago >> 12/14/2018 - BP Trinidad and Tobago (BPTT) announced the sanction for two new gas developments offshore Trinidad, Cassia Compression and Matapal. The Cassia Compression project will enable BPTT to access and produ...
PTTEP Wins Bid for Bongkot and Erawan Fields
Thailand >> 12/13/2018 - PTT Exploration and Production Public Company Limited (PTTEP) confirms its readiness to continue the operatorship in the Bongkot gas field and to become the operator in the Erawan field starting from ...
OGA Releases New Data Packages to Revitalise Greater Buchan Area
United Kingdom >> 12/12/2018 - The Oil and Gas Authority (OGA) is continuing to make more and more data openly available to help revitalise exploration of oil and gas in the UK Continental Shelf (UKCS). ...
Nostra Terra Provides Update on Mesquite Field Development Plan
United States >> 12/12/2018 - Nostra Terra, the oil and gas exploration and production company with a portfolio of assets in the USA and Egypt, has reported the results of the volumetric analysis conducted by Trey Resources, as pa...
Foreign & Domestic Contractors Can Get the Job Without Tender
Iran >> 12/11/2018 - NISOC CEO Ahmad Muhammadi said based on the new model EPCF-EPDF Contracts for developing 28 reservoirs of National Iranian south oilfields company, domestic and foreign contractors can win each develo...
Chevron North Sea Wins Approval for Captain Field EOR Project
United Kingdom >> 12/11/2018 - Chevron North Sea Limited (CNSL), operator of the Captain Field, has announced that the Oil and Gas Authority (OGA) has approved the Field Development Plan (FDP) to progress its Captain Enhanced Oil R...
No Tendering Process for Domestic & Foreign Oilfield Contractors
Iran >> 12/11/2018 - The CEO of National Iranian South Oilfields Company (NISOC), Ahmad Mohammadi said based on the new model of EPCF-EPDF Contracts for developing 28 reservoirs of NISOC, domestic and foreign contractors ...
Equinor Gets Approval for Troll Phase 3 Development
Norway >> 12/7/2018 - The Ministry of Petroleum and Energy has approved the plan for development and operation (PDO) of the Troll Phase 3 development. Capital expenditures of NOK 7.8 billion will help extend the productive...
Neptune Energy Submits ‘Decision to Continue’ Report for Cara Project
Norway >> 12/6/2018 - Neptune Energy and its licence partners have submitted the Decision to Continue (BoV) report for the Cara project to the Ministry of Petroleum and Energy. The licence partnership will now progress its...
Gazprom & Yamal-Nenets Autonomous Area Sign Cooperation Agreement for 2019
Russia >> 12/5/2018 - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Dmitry Artyukhov, Governor of the Yamal-Nenets Autonomous Area (YaNAA), took place today at the Bovanenkovsko...
Europa Oil & Gas Provides Update on its UK & Ireland Operations Ahead of its AGM
United Kingdom >> 12/4/2018 - Europa Oil & Gas, the AIM quoted UK and Ireland-focussed oil and gas exploration and production company, is holding its Annual General Meeting (‘AGM’) later today. At the meeting, Simon Oddie, Chairm...
LUKOIL & KazMunayGas Sign Agreements on the Zhenis Project
Kazakhstan >> 12/4/2018 - LUKOIL and KazMunayGas have signed agreements on joint cooperation and financing of the Zhenis project in the Kazakhstan's sector of the Caspian Sea. The documents set the terms of the block's develop...
Rosneft & CNPC Chairman Wang Yilin Hold Working Meeting
Russia >> 11/29/2018 - Igor Sechin, the Chief Executive Officer of Rosneft Oil Company, and Wang Yilin, the Chairman of the Board of the China National Petroleum Corporation (CNPC), held a working meeting during the first R...
Indepedent Oil & Gas Provides SNS Project and Harvey Update
United Kingdom >> 11/29/2018 - Independent Oil and Gas plc, a development and production company focused on becoming a substantial UK gas producer, provides an update on the progress of its development and appraisal projects and th...
Latest Situation in South Pars Development Plan
Iran >> 11/26/2018 - Managing director of Pars Oil and Gas Company (POGC) visited the latest situation in development plans as public relations department reported. ...
Gazprom Neft’s Board of Directors Confirms the Company’s Development Strategy to 2030
Russia >> 11/26/2018 - Gazprom Neft’s Board of Directors has reviewed and confirmed the company’s development strategy to 2030. The new document continues current strategy to 2025, which envisages achieving production at 10...

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