Development News

Up to 12b cm Gas to Be Injected to Oil Reserves by March 20
Iran >> 7/6/2016 - Head of the Dispatching Unit in National Iranian Gas Company Abdolreza Ebrahimian says up to 12 billion cubic meters of gas will be injected to oil reserves by March 20, marking end of the current Ira...
Gazprom & BASF Express Appreciation for Their Cooperation in Hydrocarbon Production in Russia
Russia >> 7/4/2016 - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Kurt Bock, Chairman of the Board of Executive Directors of BASF, took place today at the Company's headquarte...
Iran Plans Tenders for Oil Fields this Summer as Contract Nears
Iran >> 6/27/2016 - Iran plans to issue tenders to develop its oil fields this summer as the government is expected to approve a new model oil contract designed to attract investors 'in a short amount of time,' Oil Minis...
Greater Enfield Oil Development Approved
Australia >> 6/27/2016 - Woodside advises that with Joint Venture participant Mitsui E&P Australia, the Greater Enfield Project has been approved for development. ...
Rosneft & Beijing Enterprises Agreed on Joint Operations on Projects in East Siberia
Russia >> 6/25/2016 - Rosneft and Beijing Enterprises Group Company Limited (“Beijing Enterprises Group”) have signed Heads of Agreement for cooperation in a number of spheres. The document was signed in the presence of th...
Rosneft & Shandong Kerui Petroleum Equipment Sign a Strategic Cooperation Memorandum
Russia >> 6/25/2016 - Rosneft and Shandong Kerui Petroleum Equipment have signed a Memorandum of Understanding on strategic cooperation in the area of oilfield services. The document was signed by Rosneft CEO Igor Sechin a...
BP Sanctions “Fast-Track” Development of Atoll Discovery
BP Sanctions “Fast-Track” Development of Atoll Discovery Egypt >> 6/20/2016 - BP announced today that together with the Egyptian Natural Gas Holding Company (EGAS), it has sanctioned development of the Atoll Phase One project which is an early production scheme that will bring ...
Gazprom Neft Signs Cooperation Agreement with DeGolyer & MacNaughton
Russia >> 6/18/2016 - Gazprom Neft has entered into a cooperation agreement with the DeGolyer and MacNaughton corporation, signed at the St Petersburg International Economic Forum during a meeting between Gazprom Neft Firs...
Gazprom & RusGazDobycha Sign Term Sheet to Develop Group of Fields in Yamal-Nenets Autonomous Area
Russia >> 6/17/2016 - Alexey Miller, Chairman of the Gazprom Management Committee, and Artyom Obolensky, Director General of RusGazDobycha, today signed at the St. Petersburg International Economic Forum 2016 a Term Sheet ...
Gazprom & Indian Companies to Collaborate on Oil, Gas Projects
Russia >> 6/16/2016 - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Dharmendra Pradhan, Indian Minister of Petroleum and Natural Gas, took place today at the St. Petersburg Inte...
Rosneft & Tomsk Region Signed a Cooperation Agreement
Russia >> 6/16/2016 - Rosneft Chief executive officer Igor Sechin and Governor of the Tomsk Region Sergey Zhvachkin signed a Cooperation Agreement during the XX St. Petersburg International Economic Forum. ...
Rosneft & Komi Republic Signed a Cooperation Agreement
Russia >> 6/16/2016 - Rosneft Chief executive officer Igor Sechin and Acting Head of the Komi Republic Sergey Gaplikov, have signed a cooperation agreement during the XX St. Petersburg International Economic Forum. ...
Rosneft & Russian Ministry of Economic Development Sign a Cooperation Agreement
Russia >> 6/16/2016 - Rosneft and the Russian Ministry of Economic Development signed a Cooperation Agreement at the St. Petersburg International Economic Forum. The document was signed by Rosneft CEO Igor Sechin and Russi...
Gazprom Neft to be Involved in Development of Russian Geological Prospecting Equipment
Russia >> 6/16/2016 - The Ministry of Industry and Trade of the Russian Federation, Gazprom Neft, Rosgeologia, OAO Kontsern Okeanpribor, and the JSC Marine Arctic Geological Expedition (MAGE) have used this year’s St Peter...
NOVATEK & Kostroma Region Administration Sign Cooperation Agreement
Russia >> 6/16/2016 - OAO NOVATEK and the Administration of the Kostroma Region entered into a 3-year Cooperation Agreement at the 20th Saint Petersburg International Economic Forum. Sergey Sitnikov, the Kostroma Region Go...
Lukoil Spuds First Development Well at Filanovsky Field
Russia >> 6/15/2016 - President of PJSC LUKOIL Vagit Alekperov and Governor of the Astrakhan Region Alexander Zhilkin visited Vladimir Filanovsky field in the Caspian Sea where development drilling has just begun. The well...
PDO for Oseberg Vestflanken 2 Sanctioned
Norway >> 6/14/2016 - The Ministry of Petroleum and Energy has sanctioned the Plan for Development and Operation (PDO) of Oseberg Vestflanken 2. Reserves projected at 110 million barrels of oil equivalent the investments a...
Development of Joint Oil Fields Top Priority
Iran >> 6/13/2016 - Development of joint oil and gas fields are still top priorities, newly appointed Managing Director of National Iranian Oil Company (NIOC) Ali Kardor said on Monday. ...
Petropars, Interoil Italia, PSEEZ Agree to Develop Oilfield in Iran
Iran >> 6/11/2016 - Iran’s Petropars, the Pars Special Economic Energy Zone (PSEEZ), and Italy’s Stinnes Interoil Italia Srl has cemented a deal to develop a new oil field in southern Iran, Petropars managing director sa...
Chevron Completed the First Stage Development of Chuandongbei Project
China >> 6/7/2016 - Chevron Corporation (CVX) announced that its fully-owned subsidiary Unocal East China Sea, Ltd. has commenced natural gas production from the third train at the Chuandongbei Project in southwest China...

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