Development News

Italian Energy Giant Signs Gas Deal with Iran Firms
Iran >> 10/20/2017 - Italy"s Ansaldo Energia has signed a memorandum of understanding (MoU) with several subsidiaries of the National Iranian Oil Company (NIOC) for converting flare gas into electricity at the supergiant ...
Iraq Invites BP to Develop Kirkuk Oil Fields
Iraq >> 10/19/2017 - Mr. Jabbar Ali Hussein Al-Luiebi the minister of oil invited BP British Company to speed-up putting the plans to develop the oil fields of Kirkuk governorate. ...
Woodside on Track for Myanmar Development Plan by End-2018
Myanmar >> 10/19/2017 - Woodside Petroleum played down disappointing results from its exploration wells in Myanmar on Thursday, with Chief Executive Peter Coleman saying the company is still on track to decide on development...
Rosneft & Saipem Signed a Strategic Cooperation Agreement
Russia >> 10/19/2017 - Rosneft and Saipem SpA signed a Strategic Cooperation Agreement at the X Eurasian Economic Forum in Verona. The document was signed by Rosneft Chief Executive Officer Igor Sechin, and Saipem CEO Stef...
Pergas Submits Proposal for Developing Irans Karanj Oilfield
Iran >> 10/18/2017 - Pergas Consortium, a group of international oil and gas companies, submitted its development proposals for Karanj Oilfield, a reservoir in Khuzestan Province. ...
Iran Ready to Negotiate with all Oil Companies
Iran >> 10/18/2017 - Iranian Minister of Petroleum Bijan Zangeneh voiced Iran"s readiness to enter into talks with all oil companies including American ones for developing oil and gas projects. ...
IOG Signs LOI for Blythe Hub & Vulcan Satellites Hub Development
United Kingdom >> 10/18/2017 - Independent Oil and Gas plc (IOG), the development and production focused Oil and Gas Company, has signed a Letter of Intent (LOI) with Offshore Design Engineering Limited (ODE) to perform several key...
Galilee Energy & Jemena to Connect Galilee Basin to East Coast Gas Market
Australia >> 10/17/2017 - Galilee Energy Limited has signed a binding agreement with Jemena to work together towards agreed development milestones that will fast-track plans to deliver a large new source of gas from Galilee En...
Consent for Modifications Relating To Gas Lift at Tambar
Norway >> 10/12/2017 - Petroleum Safety Authority of Norway has given Aker BP consent to perform modifications relating to gas lift at Tambar. The gas lift project is part of a major field development project at Tambar. The...
Iran's Azadegan Oil Field Tender Delayed to 2018
Iran >> 10/10/2017 - A tender for developing Iran’s Azadegan oil field has been delayed again, a senior Iranian oil official said on Tuesday, adding that it will not take place in 2017. ...
Chevron, Total Interested in Majnoon Oilfield
Iraq >> 10/9/2017 - Iraqi oil minister Jabar al-Luaibi said that Chevron and Total are among the companies that have expressed interest in developing the Majnoon oilfield that Shell has said it wants to leave. ...
Iraq's Talks with Exxon on Southern Oilfields in Final Stages
Iraq >> 10/9/2017 - Iraq’s talks with Exxon Mobil to develop a multi-billion-dollar project to boost output from several southern oilfields are nearing completion, oil minister Jabar al-Luaibi said. Talks are in advanced...
Igor Sechin & Narendra Modi Hold a Working Meeting
Russia >> 10/9/2017 - As part of CERAWeek international gathering of energy industry leaders held in New Delhi, Rosneft Chief Executive Officer Igor Sechin and the Prime Minister of India Narendra Modi discussed the prospe...
Eni Bets Big on Zohr Explorer Finding New Treasure
Eni Bets Big on Zohr Explorer Finding New Treasure Egypt >> 10/6/2017 - Italian oil major Eni is betting billions on Luca Bertelli being able to achieve something he’s been doing since he was nine years old: spotting things others overlook. ...
Shell, NIOC Meet to Confer Development of Iran Gas Field
Iran >> 10/5/2017 - Anglo-Dutch oil giant Royal Dutch Shell met with officials from the National Iranian Oil Company (NIOC) to discuss the development project of Iran"s Kish gas field. ...
i3 Energy Submits ES & FDP for Liberator Field Development
United Kingdom >> 10/2/2017 - i3 Energy plc, an independent oil and gas company with assets and operations in the UK, is pleased to announce that the Environmental Statement (ES) for the development of i3's 100% operated and owned...
Mosman Oil and Gas Provides US Operations Update
United States >> 9/27/2017 - Mosman Oil and Gas Limited, the oil exploration, development and production company, is pleased to announce an update on its United States Operations. ...
NIOC & Dana Energy Signed a MoU for Sepher & Jufair Development
Iran >> 9/26/2017 - NIOC and Dana Energy Company signed a Memorandum of Understanding (MoU) this morning, 25th September 2017, for development studies on two oilfields (Sepher & Jufair) located in Khuzestan, Iran. The Mo...
Gazprom Neft Begins Pilot Development of Severo-Samburgskoye Field
Russia >> 9/25/2017 - Gazpromneft-Yamal, a subsidiary of Gazprom Neft, has begun pilot oil production from the Achimov deposits at its Severo-Samburgskoye oil field (in the Purovsky District, Yamalo-Nenets Autonomous Okrug...
Hurricane Energy Receives Approval for Lancaster EPS Field Development Plan
United Kingdom >> 9/25/2017 - Hurricane Energy plc, the UK based oil and gas company focused on hydrocarbon resources in naturally fractured basement reservoirs, has received development and production consent for its Lancaster fi...

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