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Development News

Victoria Oil & Gas Provides Update on Logbaba Drilling
Cameroon >> 11/28/2016 - Gaz du Cameroun S.A. (GDC), the Company's Cameroon gas producing and distributing subsidiary, announces that following spudding of well La-107 on November 1 2016, it has successfully drilled, cased an...
Minister of Petroleum Meets with Eni’s Chairman
Minister of Petroleum Meets with Eni’s Chairman Egypt >> 11/22/2016 - Minister of Petroleum and Mineral Resources Eng. Tarek El Molla held a meeting with Emma Marcegaglia Eni’s Chairman in the presence of Adriano Mongini Executive Vice President North Africa at Eni to d...
Total & SOCAR Sign Agreement to Develop Absheron Discovery
Azerbaijan >> 11/21/2016 - Total and SOCAR, the national oil company of Azerbaijan, have signed an agreement establishing the contractual and commercial terms for a first phase of production of the Absheron gas and condensate f...
OGA Hosts Well Construction Hackathon to Deliver Savings
United Kingdom >> 11/17/2016 - The Oil and Gas Authority (OGA) is holding a hackathon to identify new technology and practices which can reduce the cost of well construction on the UK Continental Shelf (UKCS). Jointly driven by the...
DNO Signs MoU to Develop Iran's Changuleh Oil Field
Iran >> 11/16/2016 - DNO ASA, the Norwegian oil and gas operator, today announced the signing of a memorandum of understanding (MoU) with the National Iranian Oil Company (NIOC) to conduct a study concerning the developme...
Senex Completes Glenora Pilot Development in Western Surat Gas Project
Australia >> 11/15/2016 - Senex Energy Limited (Senex) has announced completion of the first pilot development in the Western Surat Gas Project on budget and ahead of schedule. The Glenora pilot marks the commencement of the d...
Lukoil Continues Cooperation with Tyumen Region
Russia >> 11/15/2016 - A meeting between President of LUKOIL Vagit Alekperov and Governor of the Tyumen Region Vladimir Yakushev took place today in Tyumen. The parties discussed the development of cooperation between the C...
Sakhalin Energy About Russian Content
Russia >> 11/14/2016 - Sakhalin Energy has released a new brochure on the development of Russian content in the Sakhalin-2 project. The publication contains general information about the project, the most vivid examples of...
APPEA Welcomes Queensland Acreage Release
Australia >> 11/11/2016 - APPEA welcomes the release of two petroleum and gas exploration areas in Queensland. The areas released by the Queensland Government include 86km˛ of land, 65km north of Injune in the Bowen Basin, and...
Genoil Signs US$50 Billion Letter of Intent to Develop and Construct Upgrading Projects in Russia
Genoil Signs US$50 Billion Letter of Intent to Develop and Construct Upgrading Projects in Russia Russia >> 11/9/2016 - Genoil Inc. (GNOLF), the publicly traded clean technology engineering company for the petroleum industry, announced the signing of a $50 billion Letter of Intent (LOI) to develop oil fields and constr...
SOCAR President Attends ADIPEC 2016
Azerbaijan >> 11/7/2016 - Rovnag Abdullayev, President of SOCAR visited the United Arab Emirates to attend the Abu Dhabi International Petroleum Exhibition & Conference. He held a series of meetings within the forum attended b...
SOCO Starts 2016 Development Drilling Programme on TGT Field
Vietnam >> 11/7/2016 - SOCO announces that the 2016 development drilling programme has commenced on the Te Giac Trang (TGT) Field of Block 16-1, offshore southern Vietnam. The infill wells, the TGT-27P and TGT-28P, will be ...
Total to Sign $6b Gas Deal with Iran
Iran >> 11/7/2016 - Iran will sign a deal with France's Total on Tuesday for the development of gas production at the South Pars field in the Persian Gulf, the Iranian oil ministry said. ...
Farzad B Economic Development Model to Finalize
Iran >> 11/7/2016 - The economic development model of “Farzad B” gas field would be finalized in November 2016. The general manager of Pars oil and Gas Company claimed that the Indian ONGC will make the economic developm...
Consent to Use the Huldra Facility in a Cold Phase
Norfolk Island >> 11/4/2016 - Statoil Petroleum AS (Statoil) has received consent to use the Huldra facility in a cold phase in production licence 051 and 052B in the North Sea. The consent applies to the use of the facility in a ...
Njord Facilities Selected as Preferred Concept for Pil & Bue Development
Norway >> 11/4/2016 - Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway and the UK, is pleased to announce that the partners in the P...
Wartsila & IDRO Sign Cooperation Agreement to Develop Power Deneration in Iran
Iran >> 11/3/2016 - Wartsila and Industrial Development & Renovation Organization of Iran (IDRO), the largest industrial corporation in Iran have signed a Memorandum of Understanding (MoU) on October 29th. The MoU was si...
Norway Expects Up to 15 Development Plans from Oil Firms in 2017/2018
Norway >> 11/1/2016 - Oil firms are expected to submit up to 15 development plans for oil and gas fields off Norway over the next two years, the head of the Norwegian Petroleum Directorate told Reuters on Monday. ...
Foreigners Eager to Commission Petrochemical Projects
Iran >> 11/1/2016 - Deputy Minister of Petroleum for Petrochemical Affairs Marzieh Shahdaie says foreigners are willing to contribute into development projects in Mahshahr Petrochemical Special Economic Zone. ...
Statoil Submits Trestakk Plan for Development and Operation
Norway >> 11/1/2016 - Statoil, on behalf of the license holders, has submitted a Plan for Development and Operation of the Trestakk discovery on the Halten Bank to the minister for petroleum and energy, Tord Lien, in Bod?....

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