Development News

Iraq Offers 9 Exploratory Borderline Areas for Development & Rehabilitation
Iraq >> 7/13/2017 - Mr. Jabbar Ali Hussein Al-Luiebi the minister of oil declared the launching of the exploration & rehabilitation projects for (9) exploration blocks and the borderline onshore & offshore oil fields in ...
Qatar Petroleum & Total in JV to Develop Al Shaheen Oil Field
Qatar >> 7/11/2017 - Total and Qatar Petroleum will take over the operatorship of the giant Al-Shaheen offshore oil field for a period of 25 years beginning July 14, 2017. The field produces 300 thousand barrels of oil pe...
Iraq Minister of Oil Orders to Build an Integrated Oil City in Maysan
Iraq >> 7/10/2017 - Within the concerns of the ministry of oil to develop the presented services to the citizens of our dear governorate Maysan. Mr. Jabbar Al-I Hussein Al-Luiebi the minister of oil ordered to build an i...
Erin Energy to Spud Oyo-9 Well Offshore Nigeria
Nigeria >> 7/10/2017 - Erin Energy Corporation (Erin Energy) provided an update on its drilling operations that are expected to double production for the Company and also updated its plans for drilling one of its prime expl...
Gazprom Neft & Spainís Repsol Sign Memorandum on Developing Cooperation
Russia >> 7/7/2017 - Gazprom Neft has signed a Memorandum of Understanding with Spainís Repsol. The Memorandum outlines areas for evolving collaboration through a joint enterprise to develop hydrocarbon resources in the K...
Azadegan Oil Field Tender Officially Begins
Iran >> 7/7/2017 - The tender for the key Iranian joint oil field ďAzadeganĒ has currently been underway and no speculation on which of the participating foreign and domestic firms would lucky to win the oil field is ri...
SOCAR, CNPC Top Managers Meet
Azerbaijan >> 7/7/2017 - On July 7, Rovnag Abdullayev, President of SOCAR has met with Chinese delegation led by Wang Yilin, Chairman of China National Petroleum Corporation (CNPC). After cordial greeting, Rovnag Abdullayev s...
Statoil to Develop Snefrid Nord Gas Discovery
Norway >> 7/6/2017 - Statoil and partners have decided to develop the Snefrid Nord gas discovery near the Aasta Hansteen field in the Norwegian Sea. The discovery, scheduled to come on stream in late 2019, will be tied ba...
The Contract Details for Development SP 11ís Offshore Facilities
Iran >> 7/5/2017 - Contract for development of phase 11 is the first one that was signed today in the framework of the general conditions, structures, and oil contract patterns between National Iranian Oil Company (NIOC...
Phase I Renovation Project of Shymkent Refinery Becomes Operational
China >> 7/5/2017 - On June 30, Phase I renovation project of Shymkent Refinery in Kazakhstan became operational as the 600kt/a ISOMAR started to produce gasoline of Euro IV and Euro V standards. ...
Contract Signing for Offshore Phase 11 South Pars Development Plan
Iran >> 7/4/2017 - The first international contract based on Iranian Petroleum Contract (IPC) following the 2015 international nuclear accord (JCPOA) has signedamong NIOC and TOTAL (France) as leader of the consortium c...
Total & NIOC Sign Contract for the Development of Phase 11 of the South Pars Gas Field
Iran >> 7/3/2017 - Total and the National Iranian Oil Company (NIOC) have signed a contract for the development and production of phase 11 of South Pars (SP11), the world's largest gas field. The project will have a pro...
EDR Refuses Planning Consent for the Development of Wressle Field
United Kingdom >> 7/3/2017 - Egdon Resources plc (EDR) announces that the North Lincolnshire County Councilís Planning Committee has again refused planning consent for the development of the Wressle Oil Field at Lodge Farm, Wress...
Iran to Sign Gas Deal with France's Total & China's CNPC
Iran >> 7/2/2017 - Iran plans to sign a new contract to develop its giant South Pars gas field with France's Total and China's CNPC on Monday, the first major Western energy investment since sanctions against Tehran wer...
BassGas Achieves Compression Startup - MLE Project Completed
Australia >> 6/30/2017 - AWE Limited (AWE), a 35% joint venture partner in the BassGas project located in production licence T/L1 offshore Tasmania, advises that the final phase of the MLE project works at BassGas (installati...
Carnarvon Provides Update on the Phoenix Project
Australia >> 6/29/2017 - Carnarvon Petroleum Limited (Carnarvon) provides the following update on its upcoming drilling program as advised by the operator, Quadrant Energy. ...
NNPC, FIRST E&P and Schlumberger to Develop OML 83 & 85
Nigeria >> 6/29/2017 - Nigerian National Petroleum Corporation (NNPC), FIRST Exploration & Production (First E&P) and Schlumberger signed a tripartite agreement for development of the Anyala and Madu fields under OML 83 and...
Wintershall & Gazprom Eyeing Iran Partnership
Iran >> 6/23/2017 - Germanyís biggest oil and gas company Wintershall says it is looking into a plan to collaborate with Russiaís energy giant Gazprom over projects in Iran. ...
NU-Oil to Commence Workover Operations at PL2002-01(A)
Canada >> 6/22/2017 - NU-Oil, the independent Oil and Gas Company, is pleased to provide an update on operations for onshore petroleum lease PL2002-01(A) in western Newfoundland, Canada. PVF Energy Services ("PVF") have mo...
Iranís Azadegan Oilfield Tender Delayed for Months
Iran >> 6/21/2017 - A tender for developing Iranís Azadegan oilfield has been delayed for another few months to allow energy companies more time to study the field, a senior Iranian oil official said on Tuesday. ...

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