Development News

Aphrodite Declared Commercial
Cyprus >> 6/7/2015 - Delek Group with Avner Oil Exploration - Limited Partnership and Delek Drilling Limited Partnership announces report in respect of a submission to the government of Cyprus a declaration of commerciali...
SOCAR President Received Minister of Oil of Iraq
Azerbaijan >> 6/2/2015 - SOCAR President Rovnag Abdullayev received a delegation led by Adil Abdul-Mahdi, Minister of Oil of Iraq. Welcoming the guests, Mr. Abdullayev expressed gratitude to Minister for accepting his invitat...
Ruspetro Completes Development Well Campaign on Pottymsko-Inginsky Licence Block
Russia >> 6/1/2015 - Ruspetro plc announces that it has completed its development well campaign in the area of Pad 23b on the Pottymsko-Inginsky licence block. The 2015 drilling campaign comprised two multi-stage fracture...
Pemex and BlackRock Sign MoU to Develop Energy Related Infrastructure
Mexico >> 6/1/2015 - Petroleos Mexicanos (Pemex), and BlackRock have signed a Memorandum of Understanding (MOU) to accelerate the efficient development and financing of energy related infrastructure projects of strategic ...
Pacific O& G Receives Approval for Kisaran Development in Indonesia
Indonesia >> 5/26/2015 - Ministerial approval has been received for a Plan of Development of the Kisaran Production Sharing Contract in Sumatra, Indonesia, where New Zealand Oil & Gas has a 22.5 per cent interest. ...
Yadavaran Pilot Program Progress at 80 Percent
Iran >> 5/20/2015 - The pilot program of Yadavaran oil field is underway with 80 percent progress, senior official with Research Institute of Petroleum Industry (RIPI) Mohammadreza Kamali said. ...
CITIC to Proceed with Oseil Field Development in Seram PSC
Indonesia >> 5/18/2015 - Lion Energy is set to increase its cash flow following the successful completion of the Oseil-27 development well at the Seram (Non-Bula) Block production sharing contract in Indonesia. ...
Budget Has Allocated $4.8b to Shared Fields
Iran >> 5/16/2015 - A member of energy committee of Parliament says annual budget has envisaged tapping foreign exchange from the National Development Fund for development of shared oil and gas fields. ...
Yolla-6 Development Well Reaches Total Depth
Australia >> 5/11/2015 - AWE Limited advises that the Operator of the BassGas joint Venture in permit T/L1, Origin Energy, has confirmed that the the Yolla-6 development well has reached a Total Depth of 3,653m Measured Depth...
Qatar Petroleum Invites Bids for Al-Shaheen Field
Qatar Petroleum Invites Bids for Al-Shaheen Field Qatar >> 5/6/2015 - Qatar Petroleum (QP) has issued invitations to a group of leading international oil & gas companies to compete for the future operation and development of Al-Shaheen oil field starting in mid-2017. Th...
The President of Mozambique Meets Eni's CEO
Mozambique >> 5/6/2015 - The President of the Republic of Mozambique, Filipe Nyusi, for the first time since his appointment last January, met in Maputo Eni’s CEO Claudio Descalzi. ...
Jura Completes Development Well Reti-2 in Pakistan
Pakistan >> 5/6/2015 - Jura Energy Corporation (Jura) is pleased to provide an update on its operations in Pakistan. Guddu Block Reti-2 development well after successful drilling; the development well Reti-2 has been comple...
Wintershall Submitted PDO for Maria Field
Norway >> 5/5/2015 - The largest internationally active German crude oil and natural gas producer and its partners have submitted a Plan for Development and Operation (PDO) for the Maria field in the Norwegian Sea to the ...
Petroleum Development Oman Signs $600m Deal With Medco
Oman >> 4/28/2015 - Medco Oman LLC, a subsidiary of PT Medco Energi Internasional Tbk has inked an Amendment of the Karim Small Fields Agreement (KSF Amendment) on 28 April 2015. The signing of the agreement by Raoul M. ...
Iraq Oil Minister Meets with the Russian Producers
Iraq Oil Minister Meets with the Russian Producers Iraq >> 4/27/2015 - Mr. Adil Abd Al-Mahdi the minister of oil met in Thursday the 23th of April with the head of the Russian oil & gas producers and discussed with him about many common concern issues. ...
Kosmos Updates Ghana & Côte d’Ivoire Maritime Boundary Arbitration
Ghana >> 4/27/2015 - Kosmos Energy announced that the Special Chamber of the International Tribunal of the Law of the Sea (ITLOS) has issued its order in response to the provisional measures requested by the Government of...
Cooper Preparing to Test Bunian-3 Development Well
Indonesia >> 4/21/2015 - Cooper Energy has advised that the Bunian-3 ST2 development well in the Sukananti KSO, South Sumatra, Indonesia, is being prepared for production testing, having been cased and suspended as a future p...
Phases 20 & 21 Development Prioritized
Iran >> 4/20/2015 - Managing director of Pars Oil and Gas Company (POGC), Aliakbar Shabanpur has said the company has development of South Pars gas field phases 20 and 21 high on the agenda. ...
Tsimiroro Development Plan Approval
Madagascar >> 4/16/2015 - Madagascar Oil is pleased to confirm the award of the Development Mining Title for the Block 3104 Tsimiroro Production Sharing Contract (the "Block 3104 PSC") by the President of Madagascar, H.E. Hery...
The Bunian-3 Well Second Side Track has Reached to Total Depth
Indonesia >> 4/8/2015 - Cooper Energy Limited advises that the second side track of the Bunian-3 development well has reached a total depth of 1,598 metres and preparations to run production casing are under way. ...

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