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Development News

Siemens Support MFDevCo in Development of Marginal Gas Fields
Denmark >> 2/12/2019 - Further to the announcement on the 25 January 2019, the Company is pleased to announce that Marginal Field Development Company ("MFDevCo"), the Company's 50%-owned joint venture, has entered into a co...
Hurricane Energy Encounters Further Problems with Lancaster Hook-up
United Kingdom >> 2/4/2019 - Hurricane Energy plc, the UK based oil and gas company focused on hydrocarbon resources in naturally fractured basement reservoirs, provides an operational update in relation to the Early Production S...
OGA Launches Supplementary 31st Offshore Licensing Round
United Kingdom >> 1/31/2019 - The Oil and Gas Authority (OGA) has launched the Supplementary 31st Offshore Licensing Round, presenting an exceptional opportunity for oil and gas companies to collaborate to maximise economic recove...
Lukoil & Nenets District Continue Cooperation
Russia >> 1/31/2019 - President of LUKOIL Vagit Alekperov and Governor of the Nenets Autonomous District Aleksandr Tsybulsky signed a Protocol to the Cooperation Agreement between the company and the region for 2019, today...
Lukoil Supports Development of Yugra Municipalities
Russia >> 1/29/2019 - LUKOIL President Vagit Alekperov and Governor of Yugra Natalya Komarova signed a Cooperation Agreement between the company and the region for 2019-2023, in Khanty-Mansiysk today. The document provides...
Gazprom Neft Continues the Development of Its Yamalo-Nenets Production Cluster
Russia >> 1/29/2019 - Gazprom Neft has won a licensing round for subsoil prospecting, exploration and production rights to the Severo-Stakhanovsky, Novoromanovsky and Puhutsyayakhsky blocks in the Yamalo-Nenets Autonomous ...
Extension of Existing Planning Consent for Wressle Approved on Appeal
United Kingdom >> 1/25/2019 - Egdon Resources plc has advised that its application to extend the existing planning consent for the Wressle site by a year, was approved by the Planning Inspector on appeal. The original application ...
IKM Testing Wins Tyra Redevelopment Contract
United Kingdom >> 1/25/2019 - Total E&P Danmark A/S has awarded IKM Testing a comprehensive contract on the Danish Continental Shelf. The contract has been won in strong international competition. The contract includes cleaning an...
Eni Starts up of New Production Well in Vandumbu Field in Block 15/06
Angola >> 1/24/2019 - Eni has successfully launched a new production well in the Vandumbu field, about 350 km north-west of Luanda and 130 km west of Soyo, in the West Hub of Block 15/06, in Angolas offshore. ...
CNOOC Limited Announces its 2019 Business Strategy and Development Plan
China >> 1/23/2019 - CNOOC Limited announced its business strategy and development plan for the year 2019. The Companys net production target for 2019 is 480 million to 490 million barrels of oil equivalent (BOE), of whi...
Hurricane Energy Encounters Problems with Lancaster Hook-up
United Kingdom >> 1/21/2019 - Hurricane Energy plc, the UK based oil and gas company focused on hydrocarbon resources in naturally fractured basement reservoirs, provides an operational update in relation to the Early Production S...
Developing Caspian Region, NIOC Priority
Iran >> 1/20/2019 - A senior official with the National Iranian Oil Company (NIOC) said the company viewed northern oil-rich regions as a priority just like southern areas for development of the oil industry. ...
Eland Provides Operational Update & 2019 Guidance
Nigeria >> 1/15/2019 - Eland Oil & Gas PLC, an oil & gas production and development company operating in West Africa with an initial focus on Nigeria, is pleased to provide an update on operations and guidance for 2019. ...
Safety Studies Help Prepare for Significant Offshore Project in Brazil
Brazil >> 1/15/2019 - Equinor is using technical expertise from Lloyds Register (LR) to lead a safety study assessment for the second phase of the Peregrino oil field in Brazil. Equinor and Sinochem are joint field owners...
SDX Energy Provides Operations Update in Egypt
SDX Energy Provides Operations Update in Egypt Egypt >> 1/14/2019 - SDX Energy Inc. (SDX), the North Africa focused oil and gas company, is pleased to provide an update on operational developments in Egypt. A full operations update will be announced in late January 2...
Commercial, Operational Update and 2019 Production Guidance
Tanzania >> 1/11/2019 - Wentworth, the Oslo Stock Exchange listed independent, East Africa-focused oil & gas company, is providing an update to shareholders. ...
Independent Oil and Gas Announces SNS Core Project Upgrade
United Kingdom >> 1/8/2019 - Independent Oil and Gas, a development and production company focused on becoming a substantial UK gas producer, has provided an upgrade on its core development project (the 'Core Project') in the UK ...
BP Plans for Significant Growth in Deepwater Gulf of Mexico
United States >> 1/8/2019 - BP announced that it has approved a major expansion at the Atlantis field in the U.S. Gulf of Mexico and has also identified significant additional oil resources that could create further development ...
NOC & Sonatrach Agree Joint Ghadames Block 2019 Budget
Libya >> 12/26/2018 - The joint ownership committee of the National Oil Corporation (NOC) and Algerian oil major Sonatrach met between December 24-25, 2018, in Algiers to discuss joint activities and balance sheets for 201...
Another First for the Caspian
Azerbaijan >> 12/24/2018 - BP as operator of the Azer-Chirag-Gunashli (ACG) field development project today launched a newly retro-fitted vessel to be used for acid stimulation activities in selected 17 ACG wells. ...

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