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Development News

Octanex to Drill Ophir Field Development Wells
Malaysia >> 5/25/2017 - Octanex has advised that the NAGA 2 self-elevating mobile offshore drilling unit will shortly commence mobilisation to the Ophir oil field. The rig has commenced demobilising from its previous drillin...
BP Khazzan project On Track for First Gas with the Completion of 50 Wells
Oman >> 5/23/2017 - BP has reached a significant milestone in the development of the Khazzan gas project with the successful drilling and completion of the fiftieth well at the large gas field in Block 61. This is the fi...
NIOC Preparing Yadavaran Oilfield Tender
Iran >> 5/22/2017 - The National Iranian Oil Company is taking steps to tender the second development phase of Yadavaran Oilfield in an oil block known as the West Karoun in Khuzestan Province, according to the chief exe...
Cooper Energy Announces Successful Callawonga Field Well
Australia >> 5/22/2017 - JV partner Cooper Energy has announced that the Beach Energy-operated Callawonga-14, an appraisal and development well drilled by the PEL 92 Joint Venture in PPL 220, has been cased and suspended as a...
Iraq Ministry of Oil Modifies the Contract of Developing Seeba Gas Field
Iraq >> 5/21/2017 - The ministry of oil "represented by the Basrah oil company" signed on an additional modification on the contract with the awarded companies to develop the Seeba gas field in Basrah governorate in the ...
NPD Awards Framework Agreements to Eleven Suppliers
Norway >> 5/19/2017 - To ensure sufficient capacity to be an even better champion for developing new fields and improving recovery from producing fields, the NPD has awarded framework agreements to eleven supplier firms re...
Issuing EA Mining Waste Permit Variation for Wressle Development
United Kingdom >> 5/19/2017 - Egdon Resources plc is pleased to announce the issue by the Environment Agency of the variation to the Mining Waste Permit for the planned Wressle field development and associated operations. The issu...
Rosneft & Eni to Extend Cooperation in Russia and Abroad
Russia >> 5/17/2017 - Rosneft and Eni S.p.A. entered into a Cooperation extension agreement in the areas of upstream, refining, marketing and trading during the visit of an Italian delegation to Russia. The document was si...
Marubeni Participates in Housing Development Project in Malaysia
Malaysia >> 5/17/2017 - Marubeni Corporation (“Marubeni”) is pleased to announce its plan to implement a housing development and sales project (“the project”) through a company established with SHL Consolidated Bhd. (“SHL”)...
Tullow to Boost TEN Field Output Once Maritime Dispute Resolved
Ghana >> 5/17/2017 - Tullow Oil plans to drill new wells and boost output at its TEN field off the coast of Ghana to 80,000 barrels per day (bpd) once a maritime border dispute with Ivory Coast is resolved, the company sa...
Ophir to Commence 4th Phase of Development on Bualuang Field
Thailand >> 5/17/2017 - Ophir provides the following operational update on the Bualuang Field ahead of its Annual General Meeting today. ...
Lukoil Signs Cooperation Agreement with Government of Kaliningrad Region
Russia >> 5/16/2017 - President of LUKOIL Vagit Alekperov and Governor of Kaliningrad Region Anton Alikhanov signed an agreement on cooperation between the company and the regional government for 2017-2022, in Kaliningrad ...
Pergas Drafting Proposal for 2 Khuzestan Oilfields
Iran >> 5/15/2017 - Pergas Consortium will submit its master development plan proposal to the National Iranian Oil Company to develop Shadegan and Karanj oilfields in the southern oil-rich province of Khuzestan by July, ...
Iraq Minister of Oil Meets with Algerian Minister of Energy
Iraq >> 5/11/2017 - Mr. Jabbar Ali Hussain Al-Luiebi the minister of oil praised the historic relations between the Iraqi & Algerian people. Mr. Al-Luiebi met with the Algerian minister of energy Mr. Nooraldeen Botarfa i...
Angus Energy Submits Brockham Field FDP Addendum
United Kingdom >> 5/11/2017 - Angus Energy is pleased to announce that following consultation with the UK’s Oil & Gas Authority (OGA) it has submitted the required Field Development Plan (FDP) Addendum to commence production from ...
First Oil Confirmed from Montrose Area Redevelopment
United Kingdom >> 5/9/2017 - First oil has begun to flow from the Shaw field, part of the major redevelopment of the Montrose Area in the Central North Sea operated by Repsol Sinopec Resources UK. ...
Integrated Management Results in South Pars Fruition
Iran >> 5/8/2017 - We were able to break record of 500 million cubic meters in production sector last year, and we were also able to spend only $70 billion out of $90 billion budget intended for developing south pars fi...
Petroperu & Canada's Pacific Consider Developing Amazon Field
Peru >> 5/5/2017 - Peru's state-run oil company Petroperu and Canada's Pacific Exploration & Production Corp (PEN.TO) are considering a partnership to develop a dormant oilfield in Peru's Amazon region, the companies sa...
Egdon Submits New Planning Application for Wressle Field Development
United Kingdom >> 5/3/2017 - Egdon Resources plc announces the submission on 28 April 2017 of a new Planning Application (the Application) for the Wressle field development. The Application includes additional detailed informatio...
Lukoil Devises New Metod of Developing Field Simulation Models
Russia >> 5/2/2017 - LUKOIL has applied a new approach to the development of geological-hydrodynamic models used to study the Lower Permian accumulation of Varandey field in the Timan-Pechora Oil and Gas Province on the b...

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