Development News

Statoil Receives Consent to Extend the Lifetime of Gullfaks B Facility
Norway >> 6/20/2017 - Statoil has received consent to extend the lifetime of the Gullfaks B facility and its associated pipelines. Statoil is the operator of the Gullfaks field, located in block 34/10 at Tampen in the nort...
Statoil Gets Green Light for Njord & Bauge Developments
Norway >> 6/20/2017 - The plans for development and operation (PDO) of Njord and Bauge in the Norwegian Sea have now been approved by the authorities. The Njord A platform and the Njord Bravo floating storage and offloadin...
Iran Sees Strategic Gains in Total Deal
Iran >> 6/19/2017 - As Iran is preparing to sign a much-delayed deal with the French energy giant Total over the development of a major gas project, indications are growing that Tehran is already looking at the political...
Iran & Total Deal Final Before End of Rouhani’s First Term
Iran >> 6/18/2017 - Iranian Minister of Petroleum Bijan Zangeneh says a deal to develop South Pars 11 project between NIOC and the Total will be finalized before the end of President Rouhani’s first term in office. ...
Iran Names Russian Firms to Major Project
Iran >> 6/18/2017 - The National Iranian Oil Company (NIOC) has added four Russian companies and Azerbaijan’s state oil firm Socar to the list of firms qualified for development work in the Islamic Republic. ...
NIOC Includes 4 More Russian Oil Companies, Azeri Socar Prequalified for Iran Projects
Iran >> 6/17/2017 - The National Iranian Oil Company has added five more international oil companies in its list of prequalified companies for Irans oil and gas upstream projects, just days before the June 19 deadline fo...
ExxonMobil Makes Final Investment Decision for Liza Development
Guyana >> 6/16/2017 - Exxon Mobil Corporation (XOM) said it has made a final investment decision to proceed with the first phase of development for the Liza field, one of the largest oil discoveries of the past decade, loc...
VNG Norge Prepares Impact Assessment for Fenja Development in PL586
Norway >> 6/15/2017 - As operator of Fenja (formerly known as Pil & Bue) in production license PL586 within blocks 6406/11 and 12 in the Norwegian Sea, VNG Norge AS is working on plans for development of the field. ...
Sea Lion Field Operational Update
Falkland Islands >> 6/14/2017 - Rockhopper Exploration plc (RKH), the oil and gas company with key interests in the North Falkland Basin and the Greater Mediterranean region, is pleased to provide the following operational and corpo...
Iran will Sign New Oil Deals Worth $15bln
Iran >> 6/13/2017 - Managing Director of the National Iranian Oil Company Ali Kardor announced that the NIOC will sign several multi-billion-dollar crude contracts with foreign countries to develop the country’s energy f...
Talks over Farzad B Development Under Way with India
Iran >> 6/10/2017 - Iranian Minister of Petroleum Bijan Zangeneh says talks with Indian developers are still going on for developing Farzad B gas field. ...
Russia Willing to Develop 9 Iranian Oil, Gas Fields
Iran >> 6/10/2017 - Iranian Deputy Oil Minister Hossein Zamaninia said that several Russian companies have voiced willingness to take part in the development of nine oil and gas fields of Iran. ...
Russian Firms Eying on 9 Iranian Oil and Gas Fields
Iran >> 6/6/2017 - Following the conclusion of the St. Petersburg International Economic Forum (SPIEF) on Saturday, Irans Deputy Oil Minister for International Affairs Amir-Hossein Zamaniniya talked to Sputnik about the...
Gazprom Neft to Develop Digital Technologies in Conjunction with Skoltech
Russia >> 6/6/2017 - Gazprom Neft has entered into a Cooperation Agreement with the Skolkovo Institute of Science and Technology (Skoltech), the document having been signed by Vadim Yakovlev, First Deputy CEO, Gazprom Nef...
Lukoil to Sign Iran Oil Deals ‘within months’
Iran >> 6/3/2017 - Russia’s energy giant Lukoil says it expects to sign oil project development contracts with Iran within the next few months. Lukoil President Vagit Alekperov was quoted by the Russian media that contr...
Iran Signed Deal with Gazprom Over Farzad B
Iran >> 6/3/2017 - Iran says it has signed a basic agreement with Russia’s energy giant Gazprom over the development of Farzad B gas field – a project which the country has for long been negotiating with an Indian conso...
Inpex Says Eyeing Iran’s Azadegan Oil Prize
Iran >> 6/3/2017 - Inpex, Japan’s largest upstream company, has announced that it will consider bidding to develop Iran’s huge Azadegan oil field – the same project it abandoned in 2010 as a result of sanctions against ...
Band Karkheh Back Again for Development
Iran >> 6/3/2017 - Executive manager of the project to develop Band Karkheh oilfield announced that OMV, the international, integrated oil and gas company based in Vienna, will begin developing the oilfield in the near ...
Gazprom Neft Signs Cooperation Agreement with the Moscow Institute of Physics & Technology
Russia >> 6/2/2017 - Gazprom Neft has entered into a Cooperation Agreement with the Moscow Institute of Physics and Technology (MIPT) at this year’s St Petersburg International Economic Forum. The agreement was signed by ...
Rosneft & Samara Region Develop Cooperation
Russia >> 6/2/2017 - Rosneft and Samara Region signed an agreement on extending cooperation in the social sphere at the XXI St. Petersburg International Economic Forum. The document was signed by Rosneft Chief Executive O...

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