Development News

DNO Expands and Accelerates Kurdistan Operations
Iraq >> 4/26/2018 - DNO ASA, the Norwegian oil and gas operator, announced expansion and acceleration of operations in the Kurdistan region of Iraq while building up its North Sea exposure. First quarter revenues, the hi...
Gazprom Neft Commissions Second Well at Sarqala Field
Iraq >> 4/25/2018 - Gazprom Neft subsidiary Gazprom Neft Middle East B.V. has commissioned a second well — the Sarqala-2 — at its Sarqala field (within the Garmian block), located in the Kurdistan Region of Iraq (KRI). T...
Shell Invests in the Vito Development in the Gulf of Mexico
United States >> 4/24/2018 - Shell Offshore Inc. (Shell), a subsidiary of Royal Dutch Shell plc, announces the final investment decision for Vito, a deep-water development in the U.S. Gulf of Mexico with a forward-looking, break-...
BP & Reliance Sanction Second Phase of Integrated KG D6 Development
India >> 4/19/2018 - To develop ‘Satellite cluster’ deep-water gas fields in India, second of three projects; together all three projects to bring 1 bcf/d of new production by 2022. BP and Reliance Industries Limited ...
Eni Announces Development Approval for the Merakes Discovery
Indonesia >> 4/18/2018 - Eni announces the approval of the Plan of Development (POD) for the Merakes field located in the East Sepinggan PSC in the Makassar Strait, offshore East Kalimantan, Indonesia. The Minister of Energy ...
Black Platinum Energy Announces Preparation of the Dara East Gas Field PPoD
Indonesia >> 4/16/2018 - Following Black Platinum Energy’s recent announcement of a significant increase in the discovered Dara East Gas Field P50 GIIP volume to 1,495 Bscf, the Company has completed a Preliminary Plan of Dev...
CEO Visits Development Plans Progress
Iran >> 4/15/2018 - Managing director of Pars Oil and Gas Company, in his two-day journey to Assaluyeh and capital city of Bushehr, visited development plans progress and offshore platform construction. ...
Gazprom Neft Considers the Long-Term Development of Orenburg Oil Field
Russia >> 4/13/2018 - The Gazprom Neft Board of Directors has reviewed the long-term outlook for developing its Orenburg oil-production cluster, together with information on synchronising the development of the company’s p...
Kenya's National Oil and Schlumberger Sign Field Development Deal
Kenya >> 4/13/2018 - Kenya’s National Oil Corporation and U.S. oil services company Schlumberger have agreed to finalize a field development plan on behalf of the government for oil blocks in the northwest of the country....
Sapura Energy & Partners to Develop Sk408 Gas Fields Off Sarawak
Malaysia >> 4/11/2018 - Sapura Energy Berhad (the Group) announced that its wholly-owned subsidiary, Sapura Exploration and Production (Sarawak) Inc. (formerly known as SapuraKencana Energy Sarawak Inc.; “Sapura E&P”) and it...
Approval of Plan for Development and Operation of Fenja field
Norway >> 4/10/2018 - 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 Norwegian Ministe...
BP to Develop Second Phase of Oman’s Giant Khazzan Gas Field
Oman >> 4/9/2018 - BP has announced that, together with its partner the Oman Oil Company Exploration & Production, it has approved the development of Ghazeer, the second phase of the giant Khazzan gas field in Oman.
Anton, Petrofac Sign Deal to Operate Iraq's Majnoon Oilfield
Iraq >> 4/5/2018 - The Iraqi oil ministry signed a two-year contract with Anton Oilfield Services and Petrofac to operate the giant Majnoon oilfield, two oil executives said. ...
Lukoil Analyses Possibilities for Green Energy Projects in Kazakhstan
Kazakhstan >> 4/4/2018 - Vagit Alekperov, PJSC LUKOIL President and CEO, and Vladimir Kim, President of ??? Kazakhmys Holding, signed a Memorandum of Cooperation to develop green energy projects in Kazakhstan. ...
UAE's Ras Al Khaimah Launches Petroleum Licensing Round
United Arab Emirates >> 4/2/2018 - The government of the United Arab Emirates’ Ras Al Khaimah launched its first petroleum licensing round in a drive to develop the emirate’s natural resources and open up the sector to international oi...
$1B Investment for Pegaga Gas Development in Malaysia
Malaysia >> 3/21/2018 - Mubadala Petroleum and its partners PETRONAS Carigali Sdn Bhd (PETRONAS Carigali) and Sarawak Shell Berhad have reached the Final Investment Decision for the Pegaga gas field development in Block SK 3...
Eland Oil & Gas Provides Opuama Operations Update
Nigeria >> 3/21/2018 - Eland Oil & Gas PLC, an oil & gas production and development company operating in West Africa with an initial focus on Nigeria, announces the following operations update on the Opuama field in licence...
Drillers Snap Up Federal Leases Near Utah's Wilderness Monuments
United States >> 3/20/2018 - The U.S. Bureau of Land Management auctioned off more than 51,000 acres (21,000 hectares) in southeastern Utah for oil and gas development, a sign of strong industry demand in a region conservationist...
Greenfields Confirms Waterflood Development Opportunity and Provides Revised 2017 Guidance
Azerbaijan >> 3/20/2018 - Greenfields Petroleum Corporation Confirms Waterflood Development Opportunity in the Bahar Field and Miocene Exploration Objective Beneath the Gum Deniz field offshore Azerbaijan and Provides Revised ...
NIOC &PEDC To Sign Deal to Develop Two Iran Oilfields
Iran >> 3/18/2018 - The National Iranian Oil Company (NIOC) and Pasargad Energy Development Company (PEDC) are to sign a contract for the integrated development project of Sepehr and Jofeir Fields. The two fields were di...

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