Development News

NOC Chairman Meets Representatives of the Norwegian Company Equinor
Libya >> 5/30/2021 - Within the context of the continuing visits by senior executives of international oil and gas companies (NOC partners), Chairman of the Board of NOC, Mr. Mustafa Sanalla, received on Thursday 27th May...
SONATRACH Ready to Develop Privileged Relations with the Libyan Partner
Algeria >> 5/29/2021 - The CEO of the SONATRACH Group, Toufik Hakkar affirmed, Saturday in Algiers, that the Group is ready to strengthen the privileged relations with the Libyan partner to establish a winning partnership a...
Introduction of Sweet Hydrocarbons at Oman Yibal Khuff Project
Oman >> 5/27/2021 - Petrofac's team delivering the massive Yibal Khuff Project for Petroleum Development Oman (PDO) has safely achieved an important milestone with the introduction of sweet hydrocarbons to the Central Pr...
DPR Charges Stakeholders on Harnessing Oil & Gas Resources
Nigeria >> 5/25/2021 - The Department of Petroleum Resources (DPR) has charged stakeholders in the African oil and gas industry to rise to the challenge of harnessing the over 125 billion barrels oil reserve and 625 trillio...
Serica Energy Announces Columbus and R3 Operational Update
United Kingdom >> 5/25/2021 - Serica Energy, a British independent upstream oil and gas company with operations centred on the UK North Sea and over 80% gas production, has provided an operations update.

The Columbus de...
Shengli Oilfield Promotes Management Improvement Actions
China >> 5/24/2021 - Shengli Oilfield Chengdao Oilfield clearly benchmarked Bohai Oilfield, borrowing from CNOOC’s intensive development concept, exploring the "1+N" efficient production model, quantifying scattered reser...
Sound Energy Announces Final Results
Morocco >> 5/20/2021 - Sound Energy, the Moroccan focused upstream oil and gas company, has announced its audited final results for the year ended 31 December 2020.

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Equinor and Partners Select Development Concept for Haltenbanken East
Norway >> 5/19/2021 - Spirit Energy has together with three other oil companies selected a concept for developing six discoveries in a joint unitisation project on Haltenbanken in the Norwegian Sea. The development concept...
NIOC Awards $1.78B Farzad Field Development to Iran Developer
Iran >> 5/18/2021 - The National Iranian Oil Company (NIOC) has signed a contract worth $1.78 billion with Petropars Group for the development of Farzad B Gas Field in the Persian Gulf. ...
Gran Tierra Provides Update on Impact of Colombian National Protests and Blockades
Colombia >> 5/17/2021 - Gran Tierra Energy Inc. announced an update on the impact of the ongoing national protests in Colombia on the Company’s operations. All production volumes are unaudited and on a working interest befor...
Actemium & Semco Awarded Tyra Redevelopment Commissioning Contract
Denmark >> 5/17/2021 - A consortium comprised of Actemium Oil & Gas Commissioning and Semco Maritime has been awarded the provision of commissioning services contract for the Tyra Redevelopment Project in an international t...
Petro Matad Announces Block XX Exploitation License Update
Mongolia >> 5/10/2021 - Petro Matad Limited, the AIM quoted Mongolian oil company, provides the following update.

Block XX Exploitation...
Equinor – Halten Ost Project – Development Concept
Norway >> 5/10/2021 - The Petroleum Safety Authority Norway (PSA) has carried out an audit of Equinor and the Halten Ost project, and the decision concerning the development concept.

• Risk management
• ...
Equinor – Snorre Expansion Project – Operational Audit
Norway >> 5/4/2021 - The Petroleum Safety Authority Norway (PSA) has carried out an audit of Equinor in the form of an interdisciplinary operational audit of the start-up and reception of the Snorre Expansion Project at S...
ERIELL Group Commissioned New Wells
Uzbekistan >> 5/4/2021 - ERIELL Group continues to develop the infrastructure of the fields as part of the implementation of the "Program of measures to increase hydrocarbon production for 2017-2021" together with Uzbeknefte...
Santos & Eni Sign MOU to Collaborate in Northern Australia & Timor-Leste
Santos & Eni Sign MOU to Collaborate in Northern Australia & Timor-Leste Australia >> 5/3/2021 - Santos and Eni have signed a Memorandum of Understanding (MOU) to cooperate on opportunities in northern Australia and Timor-Leste.

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Using Digital Twin for Developing Vostochno-Messoyakhskoye Field
Russia >> 4/29/2021 - Specialists at Gazprom Neft—Rosneft joint venture Messoyakhaneftegaz have developed a “digital twin” of the Vostochno-Messoyakhskoye field. This integrated digital model of the Arctic oilfield (the no...
KrisEnergy Updates on Apsara Oil Field Review
Cambodia >> 4/28/2021 - KrisEnergy refers to its announcement dated 31 March 2021 in relation to the production performance of the KrisEnergy-operated Apsara oil development.

Further to the Announcement, the Compa...
Developing Askeladd Vest
Norway >> 4/23/2021 - Equinor and its partners Petoro, Total, Neptune and Wintershall Dea have decided to develop Askeladd Vest, which is in the southern Barents Sea. The investment is close to NOK 3.2 billion.

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Development Plans for Troll West Electrification Handed over to the Authorities
Norway >> 4/23/2021 - Equinor and partners Petoro, Shell, Total and ConocoPhillips have decided in favour of Troll West electrification, and submit the plan for development and operation to the minister of petroleum and en...

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