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Development News

Declaration of Commerciality for Miran Field
Iraq >> 9/3/2013 - Genel Energy plc (Genel) is pleased to announce that a Declaration of Commerciality (DoC) for the Miran field has been approved by the Ministry of Natural Resources of the Kurdistan Regional Governmen...
Major Development Plan for Irans Tusan Oilfield Finalized
Iran >> 8/31/2013 - The major development plan for the Tosan oilfield in Southern Iran was finalized and submitted to the Iranian Offshore Oil Company (IOOC). ...
Iran Oil Minister Pushes for Completing South Pars Development Plan
Iran >> 8/31/2013 - Iranian Oil Minister Bijan Namdar Zanganeh has called for allocating as capital and equipment as necessary to complete the development of the South Pars gas field in the shortest possible time. ...
Venezuela's Minister of Petroleum Met Eni's CEO
Venezuela >> 8/29/2013 - Rafael Ramirez, Venezuela’s Minister of Petroleum, and Paolo Scaroni, CEO of Eni, met in Caracas to discuss activities and joint projects in Venezuela. ...
Max Successful Drilled BOR-4 Well in Borkyldakty Kazkh Field
Kazakhstan >> 8/27/2013 - Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce that it has finished drilling the BOR-4 development well in the Borkyldakty Field, re...
Brazil to Reject OGX's Tubarao Azul Plan
Brazil >> 8/26/2013 - Brazil's oil industry watchdog plans to reject OGX Petroleo e Gas Participacoes SA's plan to develop the Tubarao Azul offshore oil field, two government sources with direct knowledge of the situation ...
Five New Firms Selected by Iraq for Nassiriya Bid
Iraq >> 8/16/2013 -  Iraq has selected five additional international oil companies to bid for the development of its Nassiriya oil field and the construction of a new 300,000 barrels per day refinery, the oil ministry sa...
OGX Granted the IL for the Tubarao Martelo Field
Brazil >> 8/9/2013 - On 8th August last, IBAMA (The Brazilian Institute for the Environment and Renewable Natural Resources), granted the installation license (“LI”) for activities related to the Development of Production...
Max Announced Successful Development Well at Zhana Makat
Kazakhstan >> 8/8/2013 - Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce that the ZMA-A21 development well in the Zhana Makat Field has successfully reached a...
Duma Pursuing Additional African Oil Concessions
Namibia >> 7/31/2013 - Duma Energy Corp announced that it has received an oil concession development report from its exploration partner, Hydrocarb Energy Corporation. In the last year, three main exploration plays in Afri...
South Pars Field Development Despite US Sanctions
Iran >> 7/27/2013 - Despite US-engineered sanctions against Iran crude oil, development of the different phases of the South Pars gas field is going ahead, Iranian Oil Minister, Rostam Qasemi said. ...
BG Flags Egypt Investment Concerns
Egypt >> 7/26/2013 - International gas and oil producer BG Group Plc said civil unrest and leadership change in Egypt had led it to review further investments in the country, as it reported a 3 percent fall in second quar...
Tusan Field Development Plan Due to be Finalized in August
Iran >> 7/20/2013 - The major development plan (MDP) for southern Iran oil field of Tosan will be finalized in August, managing director of the Iranian Offshore Oil Company (IOOC) says. ...
Max Placed Borkyldakty Field on Full Field Development
Kazakhstan >> 7/18/2013 - Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce that the Government of the Republic of Kazakhstan has granted regulatory approval to ...
Occidental Signs Agreement on Idd El Shargi North Dome Field
Qatar >> 7/15/2013 - Occidental Petroleum Corporation announced that its wholly owned subsidiary Occidental Petroleum of Qatar Ltd. (Oxy Qatar) and Qatar Petroleum have agreed on the Phase 5 Field Development Plan (FDP) o...
Iraq Offers 3 Discovered Oil Blocks to India
Iraq Offers 3 Discovered Oil Blocks to India Iraq >> 7/11/2013 - Iraq has offered three discovered oil blocks to India and has agreed to consider investing in Indian Oil Corp's 300,000 barrels per day Paradip refinery, an oil ministry statement said. ...
Gabriella License Consortium Enters Into Agreement
Israel >> 7/1/2013 - Adira Energy Ltd. is pleased to announce that its wholly owned subsidiary, Adira Energy Israel Ltd. (together with Adira Energy Ltd., Adira), has entered into a settlement and release agreement with M...
Approval of Shaikan Field Development Plan
Iraq >> 6/26/2013 - Gulf Keystone, the independent oil and gas exploration and production company with operations in the Kurdistan Region of Iraq, is delighted to announce that the Field Development Plan for the Shaikan ...
Circle Oil Announced its Updates in NW Gemsa
Egypt >> 6/24/2013 - Circle Oil Plc, the international oil and gas exploration, development and production company, is pleased to announce the following update regarding the Al Amir SE Field ("AASE") and the Geyad Field i...
Senex Commenced Worrior Oil Field Development
Australia >> 6/24/2013 - Senex Energy Limited commenced development drilling at Worrior oil field over the weekend with the spudding of Worrior-8 in southern Cooper Basin permit PPL 207 (Senex 70% and operator, Cooper Energy ...

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