Development News

Total & Sonatrach Strengthen Their Cooperation in Natural Gas and Petrochemicals in Algeria
Algeria >> 10/7/2018 - Sonatrach and Total have signed two agreements as part of the comprehensive partnership announced in 2017: ...
Libra Consortium Concludes Extended Well Tests in Mero Field
Brazil >> 10/4/2018 - Libra Consortium operator Petrobras has concluded on Tuesday, Oct. 2, the extended well test (EWT) in the Mero field, located in the block of Libra, in Santos Basin’s pre-salt layer. Launched in Novem...
Exploration Receives Final Approval for the ODP on the Chengzhuang CBM Block
China >> 10/3/2018 - G3 Exploration, an independent specialist in the exploration and development of coal bed methane gas ('CBM') with roots in China and a focus on international expansion, has announced that the China Na...
Gazprom Neft Develops Its Orenburg Production Cluster
Russia >> 10/2/2018 - Gazprom Neft has acquired a company licensed to undertake hydrocarbon exploration and production in the Tashlinsky District of the Orenburg Oblast. The purchase of this new asset creates the precondit...
Plan for Development and Operation for Nova Approved
Norway >> 10/1/2018 - Wintershall Norge AS and its partners have now received approval by the Ministry of Petroleum and Energy for the plan for development and operation (PDO) for the Nova development, about 120 kilometers...
SP Mega-Projects Strengthened POGC's Position
Iran >> 9/30/2018 - National Iranian Oil Company's deputy in development and engineering affairs stated that pars oil and gas company (POGC) has been able to strengthen its own position by implementing south pars develop...
South Pars Phase 13; 2 Decks Loaded Out at a Time
Iran >> 9/28/2018 - Loadout operations were carried out for main and satellite decks in south pars phase 13 development plan. Phase 13' director, Payyam Motamed, announced that SPD-13B (main deck) is the first deck of th...
BP Receives OGA Approval to Develop Vorlich Field in North Sea
United Kingdom >> 9/27/2018 - BP announced that the UK government has given approval to proceed with the Vorlich development in the central North Sea, targeting 30 million barrels of oil equivalent and expected to produce 20,000 b...
Heads of Lukoil & Yamal Nenets District Discuss Regional Development
Russia >> 9/24/2018 - President of LUKOIL Vagit Alekperov and the Governor of the Yamal-Nenets Autonomous District, Dmitry Artyukhov, met in Moscow, today. The parties discussed future cooperation on the region's social an...
KBRwyle Lands Seat on $28B DoD IAC Research and Development Contract
United States >> 9/24/2018 - KBR, Inc. (KBR) announced today that its global government services business, KBRwyle, has won a seat on the $28 billion Department of Defense Information Analysis Center Multiple Award Contract (IAC ...
Sakhalin & Sovcomflot signed a Cooperation Development Agreement
Russia >> 9/13/2018 - Sovcomflot and Sakhalin Energy, Sakhalin-2 project operator, have signed an agreement for further development of their cooperation. ...
Cooperation Between Gazprom & CNPC Gradually Evolving
Russia >> 9/12/2018 - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Wang Yilin, Chairman of the Board of Directors of CNPC, took place today at the 4th Eastern Economic Forum in...
Sonoro Energy Enters into Strategic Alliance to Include Budong-Budong PSC
Indonesia >> 9/11/2018 - Sonoro Energy has entered into a Strategic Alliance Memorandum of Understanding with one of Indonesia’s largest companies to develop oil and gas activities in Indonesia as joint partners. ...
Gazprom Neft & Mitsubishi to Assess Opportunities for Cooperating in Developing Sakhalin Fields
Russia >> 9/11/2018 - The companies have agreed to investigate potentially combining their competencies and know-how in implementing high-tech upstream projects in the Sea of Okhotsk. ...
Columbus Provides Update on Cory Moruga Block
Trinidad and Tobago >> 9/10/2018 - Columbus, the oil and gas producer and explorer focused on onshore Trinidad with the ambition to grow in South America, provides the following update about the Steeldrum transaction. ...
South Pars Phase14 Meets 82% Progress
Iran >> 9/9/2018 - Over the past 2 years, the developmental activities in both offshore and onshore facilities moved in right direction so that there has been remarkable progress (82 percent) in constructing the refiner...
Sound Energy Announces Award of Production Concession
Morocco >> 9/6/2018 - Sound Energy, the Morocco focussed upstream gas company, is pleased to announce the award of the production concession relating to the Tendrara gas discovery in Eastern Morocco by the Moroccan Ministr...
Aker Energy to Start Ghana Drilling in October
Ghana >> 8/30/2018 - Norwegian oil firm Aker Energy will delay submitting a plan for development of its block off Ghana until early next year in order to first complete appraisal drilling, expected to start in October, it...
Bass Oil Receives Pertamina Approval for Development wells in Southern Sumatra
Indonesia >> 8/27/2018 - Australian-listed, Indonesian oil producer, Bass Oil has announced that the Company has received formal approval from Indonesia’s State-owned oil and natural gas corporation, Pertamina, for the budget...
Nostra Terra Reports Production Update & Development Plan for its Mitchell County Assets
United States >> 8/22/2018 - Nostra Terra, the oil and gas exploration and production company with a portfolio of assets in the USA and Egypt, reports a production update and development plan for the Company's Mitchell County as...

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