Development News

LUKOIL Receives Approval of Declaration of Commerciality for Eridu Field Reserves
Iraq >> 3/6/2023 - PJSC LUKOIL and INPEX SOUTH IRAQ LTD received approval from Iraqi state-owned Thi-Qar Oil Company (TOC) for Declaration of Commerciality of Reserves and Outline Development Proposal for Eridu oilfield...
Shell Completes Withdrawal from Interest in Salym Petroleum in Russia
Russia >> 3/3/2023 - Shell Salym Development B.V. – a subsidiary of Shell plc – has completed the withdrawal from its 50 per cent interest in the Salym project, which had been jointly developed with Gazprom Neft, a subsid...
Prospera Energy Utilizes Strong Balance Sheet to Capitalize 2023 Development Plan
Canada >> 3/3/2023 - Prospera is structured to be well-capitalized in 2023 to fund the capital development program to capture the significant remaining reserves in place. PEI total capitalization ($15 million) includes st...
Block Energy Ainitial Results from the WR-B01Za Development Well
Georgia >> 2/28/2023 - Block Energy plc, the exploration and production company focused on Georgia, announces initial results from the WR-B01Za well, part of the initial development phase of the West Rustavi/Krtsanisi Field...
Azule Energy Signs Main Contracts for the “Agogo Integrated West Hub Development Project”
Angola >> 2/27/2023 - Azule Energy, via its wholly owned subsidiary Eni Angola SPA (Eni), together with its Partners in the Block 15/06, Sonangol P&P and SSI Fifteen Limited, are pleased to announce the award of the main...
Alexey Miller & Iranian Ambassador to Russia Discuss Energy Cooperation
Russia >> 2/27/2023 - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Kazem Jalali, Ambassador Extraordinary and Plenipotentiary of the Islamic Republic of Iran to the Russian Fed...
Crescent Petroleum Signs Three Contracts to Develop Oil and Gas Fields in Diyala and Basra
Iraq >> 2/21/2023 - Crescent Petroleum, the Middle East's oldest privately-owned upstream oil and gas company, has signed three twenty-year agreements with Iraq's Ministry of Oil to appraise, develop, and produce oil and...
Santos Receives Dorado Regulatory Approval
Australia >> 2/14/2023 - Santos welcomes the acceptance by the National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) of the Offshore Project Proposal (OPP) relating to the Dorado development.
...
Neptune Energy Welcomes Contract Award for Snøhvit Future Project
Norway >> 2/14/2023 - Neptune Energy has today welcomed Equinor’s announcement, on behalf of the Snøhvit partnership, to award a major contract for the Snøhvit Future project in Norway to Aibel. ?

Neptun...
Gazprom & LUKOIL Review Cooperation Areas
Russia >> 2/8/2023 - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and senior executives of LUKOIL took place.

The parties discusse...
Alvopetro Announces January 2023 Sales Volumes
Colombia >> 2/6/2023 - Alvopetro Energy Ltd. announces January 2023 sales volumes, our February 1, 2023 natural gas price redetermination, our 2023 capital plan and an operational update.

President and CEO, Corey...
Sunrise JV to Undertake Concept Select with a Strong Focus on Delivery of Gas to Timor Leste
Australia >> 2/6/2023 - The Sunrise Joint Venture (SJV), comprising TIMOR GAP (56.56%), Operator Woodside Energy (33.44%), and Osaka Gas Australia (10.00%), hereby jointly affirms its commitment to undertake a concept selec...
Contract Award for Three Tie-ins in the North Sea
Norway >> 1/31/2023 - TechnipFMC is awarded a contract for three field developments at the Utsira High in the North Sea. The contract comprises engineering, procurement, construction and installation of subsea production s...
Comet Ridge Provides Mahalo North Development Plan Update
Australia >> 1/30/2023 - Key points:
• Comet Ridge and Denison to undertake an engineering study for an upgrade of Denison’s infrastructure to process gas from Mahalo North.
• The parties have engaged engineering c...
Eni Launches a Major Gas Development Project in Libya
Libya >> 1/28/2023 - Eni CEO, Claudio Descalzi, and the CEO of the National Oil Corporation of Libya (NOC), Farhat Bengdara, agreed on the development of “Structures A&E”, a strategic project aimed at increasing gas produ...
Woodside Announces 4th Quarter Report for Period Ended 31 December 2022
Senegal >> 1/25/2023 - Delivering reliable production
• Delivered record quarterly production of 51.6 MMboe (561 Mboe/day), up 0.7% from Q3 2022.
• Delivered sales volume of 52.2 MMboe, down 8.5% from Q3 2022, pr...
The Committee "Kuwaiti - Saudi Arabia" Discusses Work Reports in Al-Khafji and Wafra Operations
Kuwait >> 1/22/2023 - Sheikh Dr. Nimer Fahad Al-Malik Al-Sabah: reviewing the strategic plans and major projects and formulating a joint action plan that achieves the interests of the two countries The Kuwaiti-Saudi Perman...
33rd Round Attracts 115 Bids Across 258 Blocks or Part-blocks
United Kingdom >> 1/17/2023 - The North Sea Transition Authority (NSTA) has announced that more than one hundred applications have been received for the UK’s 33rd offshore oil and gas licensing round.

The round which cl...
Borders & Southern Petroleum Provides Operations Update
Falkland Islands >> 1/17/2023 - Borders & Southern Petroleum plc (AIM: BOR), the London based independent oil and gas exploration company with assets offshore the Falkland Islands, is pleased to provide an update on its activities i...
TotalEnergies Approved the Final Investment Decision of the Lapa South-West
Brazil >> 1/16/2023 - TotalEnergies has approved the final investment decision of the Lapa South-West oil development located in the Santos Basin, 300 km off the coast of Brazil.

TotalEnergie...

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