Development News

Phases 17&18 Development 89% Complete
Iran >> 8/5/2015 - Phases 17 and 18 of the supergiant South Pars gas field have gained 89.7% physical progress and are expected to come on-stream by March 2016, the projects manager of the phases has said. ...
President of Nigeria Meets Eni's CEO Claudio Descalzi
Nigeria >> 8/3/2015 - The President of Nigeria, Mohammadu Buhari, met in Abuja, for the first time since his appointment last May, Eni’s Chief Executive Officer, Claudio Descalzi. ...
Lekoil Provides Otakikpo Operational Update
Nigeria >> 7/29/2015 - Lekoil, the oil and gas exploration and development company with a focus on Nigeria and West Africa more generally, announces the following update regarding operational activity at the Otakikpo Margin...
PA Resources Submits Zarat Field Plan of Development
Tunisia >> 7/28/2015 - PA Resources is pleased to announce that it has submitted an updated Zarat Field Plan of Development to the Tunisian authorities. This Plan of Development is a technically and commercially robust plan...
Bunian-4 Appraisal / Development Well Spuds in KSO Tangai - Sukananti Block
Indonesia >> 7/27/2015 - Cooper Energy Limited advises that Bunian-4, an oil appraisal/development well, spudded in the KSO Tangai - Sukananti Block, South Sumatra, Indonesia at3:30p.mIndonesian local time, 25 July 2015. ...
West White Rose Development Option Continues to Be Assessed
Canada >> 7/27/2015 - Husky Energy (HSE) continues to assess potential development options for the West White Rose extension in the Jeanne d'Arc Basin. ...
KMG EP Extends the Subsurface Use Contract for Uzen & Karamandybas
Kazakhstan >> 7/24/2015 - JSC KazMunaiGas Exploration Production (KMG EP) is pleased to announce that addendum No.5 to contract No.40, dated 31 May 1996, has been signed to extend the contract for development of Uzen and Karam...
PetroNeft Provide an Operational Updates in Russia
Russia >> 7/22/2015 - PetroNeft an oil & gas exploration and production company operating in the Tomsk Oblast, Russian Federation, and 50% owner and operator of License's 61 and 67 is pleased to provide an update on operat...
Peru Delays Bids for Country's most Productive Oil Block
Peru >> 7/13/2015 - Peru will delay bidding for the rights to develop the country's largest oil block, which is located in the Amazon jungle, at the request of three companies involved in the process, the government said...
Phases 22 to 24 Cross 77% Progress
Iran >> 7/13/2015 - Operator of phases 22&23&24 of the supergiant South Pars gas field said the phases have reached 77.2% physical progress. ...
Alexey Miller & Janos Balla Consider Development of Gas Transmission Infrastructure in Europe
Russia >> 7/9/2015 - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Janos Balla, Ambassador Extraordinary and Plenipotentiary of Hungary to Russia took place at the Gazprom headq...
GE-Statoil Initiative Launches Second Open Innovation Challenge
Norway >> 7/7/2015 - GE and Statoil’s Sustainability Collaboration has launched the call for entries for its second Open Innovation Challenge focusing on water usage in the development of onshore unconventional oil and g...
Southern Peru Gas pipelines Project Gets Further Development with Bolivia
Peru >> 7/6/2015 - Antilles Oil and Gas NL is pleased to announce progress in the development of gas infrastructure in onshore southern Peru, specifically at Block 105 where Antilles holds 100% equity. ...
Statoil Submitted Plan for Development in the Gullfaks Area
United Kingdom >> 6/30/2015 - Statoil and its partners have submitted an amendment to the Plan for Development and Operations (PDO) for the Gullfaks licence to the Ministry of Petroleum and Energy for phase 1 of the Shetland/Lista...
Rosneft & Rosatom Sign Cooperation Agreement
Russia >> 6/20/2015 - Rosneft and Rosatom signed a Cooperation Agreement at St Petersburg International Economic Forum. The document was signed in the presence of Russian President Vladimir Putin by Rosneft Management Boar...
NISOC Ups Gas Injection Into Nargesi Field
Iran >> 6/20/2015 - Injecting gas into Nargesi Oilfield has risen by 63%, announced NISOC Production Head. Saying that an extensive operation has been implemented for maintaining the volume of injected gas, Abdolreza Dab...
Rosneft & Skyland Petroleum to Consider Joint Development of Srednebotuobinskoye Field
Russia >> 6/19/2015 - Rosneft and Skyland Petroleum Group (SPG) signed Heads of Agreement regarding potential joint venture based on “Taas-Yuryakh Neftegazodobycha” at the St.Petersburg International Economic Forum. ...
Gazprom Neft & Skolkovo Foundation Join Forces in Major Agreement on Strategic Cooperation
Russia >> 6/19/2015 - Alexander Dyukov, CEO Gazprom Neft, and Victor Vekselberg, President of the Skolkovo Foundation, have used the opportunity of the St Petersburg International Economic Forum to confirm an agreement on ...
Gazprom & PetroVietnam Sign Basic Terms for Developing Nagumanovskoye & Severo-Purovskoye Fields
Russia >> 6/18/2015 - Alexey Miller, Chairman of the Gazprom Management Committee and Nguyen Quoc Khanh, President and CEO of the PetroVietnam Oil and Gas Group signed an Agreement on major terms and conditions of implemen...
Gazprom & Egypt Address Prospects for LNG Sales & Purchase
Russia >> 6/18/2015 - Alexey Miller, Chairman of the Gazprom Management Committee and Mounir Fakhry Abdel Nour, Minister of Industry, Trade and Investment of Egypt had a working meeting within the St. Petersburg Internatio...

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