Development News

Equinor Given Go-Ahead for Irpa, Verdande and Andvare
Norway >> 6/29/2023 - The plans for development and operation of the subsea fields Irpa and Verdande, and the production well Andvare in the Norwegian Sea have been approved by Norwegian authorities. The gas field Irpa wil...
Government Go Ahead for Irpa, Verdande and Andvare
Norway >> 6/28/2023 - The plans for development and operation of the subsea fields Irpa and Verdande, and the production well Andvare in the Norwegian Sea have been approved by Norwegian authorities. The gas field Irpa wil...
Green Light for Three New Developments
Norway >> 6/28/2023 - The Norwegian Ministry of Petroleum and Energy has approved the development plans for the Dvalin North field, the second phase of the Maria field, and the Symra field. These developments will add net ...
ORLEN to Develop New Fields on the Norwegian Continental Shelf
Norway >> 6/28/2023 - ORLEN Group and its licence partners have received approval of the Plan for development and operation of Ørn and Alve Nord fields on the Norwegian Continental Shelf. The development will provide the c...
Nine Aker BP-operated Field Development Plans Approved
Norway >> 6/28/2023 - Aker BP (OSE: AKRBP) (OTCQX: AKRBF; AKRBY): The Norwegian Ministry of Petroleum and Energy (MPE) has today approved a total of nine plans for development and operation (PDOs) and one plan for installa...
Approved Development Plans for Skarv Satellite Projects (SSP)
Norway >> 6/28/2023 - The Norwegian Ministry of Petroleum and Energy (MPE) has approved the three Plans for development and operation (PDO) under the Skarv Satellite Project (SSP) in the Norwegian Sea.

The operat...
Development Plans for Symra and Solveig Phase 2 Approved
Norway >> 6/28/2023 - The Ministry of Petroleum and Energy (MPE) has approved the development plans for Symra and Solveig Phase 2, which are both located in the Utsirahøyden area in the North Sea. The two developments are ...
OMV’s Plan for the Berling Gas and Condensate Discovery Approved
Norway >> 6/28/2023 - - Development project to increase share of natural gas in OMV portfolio in accordance with Strategy 2030
- Drilling of Berling field to commence Q3/2026 with gas and condensate production expect...
Trinity Exploration Provides Galeota Asset Development Update
Trinidad and Tobago >> 6/27/2023 - Trinity Exploration & Production plc (AIM: TRIN), the independent E&P company focused on Trinidad and Tobago, announces a progress update on its Galeota Block, offshore East Coast Trinidad.

...
Petrobras on Unigel
Brazil >> 6/23/2023 - Petrobras informs that, following up on the release disclosed on 06/06/2023 in which it mentioned the signing of the Non-Disclosure Agreement, it met yesterday with Unigel Participações S.A. (Unigel) ...
OMV Announces FID for Natural Gas Deep-water Project Neptun Deep
Romania >> 6/21/2023 - OMV announces the final investment decision taken by OMV Petrom, the largest integrated energy company in South-Eastern Europe. OMV Group holds a 51% interest in OMV Petrom. The Neptun Deep project wi...
Chariot Limited Announces 2022 Final Results
Morocco >> 6/21/2023 - Chariot (CHAR), the Africa focused transitional energy company, today announces its audited final results for the year ended 31 December 2022.

Adonis Pouroulis, CEO comment...
OMV & Romgaz Announce the Decision to Develop Neptun Deep
Romania >> 6/21/2023 - • Neptun Deep will supply a total volume of ~100 bcm of natural gas
• First gas is estimated for 2027
• Romania will become the largest gas producer in the EU
• Planned investments of ...
Hartshead Submits Field Development Plan - a Significant Milestone Towards Development
United Kingdom >> 6/21/2023 - Hartshead Resources has submitted its Phase I Field Development Plan (FDP) for the Anning and Somerville gas field developments to the North Sea Transition Authority (NSTA), marking a major and materi...
Woodside Approves Investment in Trion Development
Mexico >> 6/20/2023 - Woodside has made a final investment decision to develop the large, high-quality Trion resource in Mexico. The expected returns from the development exceed Woodside’s capital allocation framework targ...
Pertamina to Develop Oil and Gas Block in Algeria for the Next 35 Years
Algeria >> 6/17/2023 - Pertamina has secured a contract extension for Menzel Ledjmet Nord (MLN) block management in Algeria. In the contract signed in Algiers, the Algerian government entrusted Pertamina with oil and gas bl...
Unlocking Synergies & Funding Opportunities for Sustainable Development
Austria >> 6/15/2023 - The OPEC Fund for International Development (the OPEC Fund) is hosting its second Development Forum on Tuesday June 20, 2023 in Vienna, Austria, featuring the heads of the African Development Bank, Ak...
South Erregulla Update
Australia >> 6/15/2023 - • Neighbouring Trigg-1 well result (13.5km) south of South Erregulla (SE) has substantially reduced the risk of Strike’s upcoming appraisal SE campaign.
• Strike has concluded its pre-FID South ...
Fundare Resources Provides Company Update
United States >> 6/15/2023 - Fundare Resources Company, LLC (“Fundare”) provided an update for its three businesses; Fundare Redtail, Moonrise Midstream, and Rangeview Resources. The Company also posted an updated presentation to...
Record Gas Royalties Help Underpin Record Queensland Budget Surplus
Australia >> 6/13/2023 - Today’s Queensland Budget reveals the benefits of new gas supply, with $7 billion of future royalties forecast from the sector to help fund the equivalent of building a new public hospital every year....

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