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Development News

Eland Oil & Gas Provides Opuama Operations Update
Nigeria >> 3/21/2018 - Eland Oil & Gas PLC, an oil & gas production and development company operating in West Africa with an initial focus on Nigeria, announces the following operations update on the Opuama field in licence...
$1B Investment for Pegaga Gas Development in Malaysia
Malaysia >> 3/21/2018 - Mubadala Petroleum and its partners PETRONAS Carigali Sdn Bhd (PETRONAS Carigali) and Sarawak Shell Berhad have reached the Final Investment Decision for the Pegaga gas field development in Block SK 3...
Drillers Snap Up Federal Leases Near Utah's Wilderness Monuments
United States >> 3/20/2018 - The U.S. Bureau of Land Management auctioned off more than 51,000 acres (21,000 hectares) in southeastern Utah for oil and gas development, a sign of strong industry demand in a region conservationist...
Greenfields Confirms Waterflood Development Opportunity and Provides Revised 2017 Guidance
Azerbaijan >> 3/20/2018 - Greenfields Petroleum Corporation Confirms Waterflood Development Opportunity in the Bahar Field and Miocene Exploration Objective Beneath the Gum Deniz field offshore Azerbaijan and Provides Revised ...
NIOC &PEDC To Sign Deal to Develop Two Iran Oilfields
Iran >> 3/18/2018 - The National Iranian Oil Company (NIOC) and Pasargad Energy Development Company (PEDC) are to sign a contract for the integrated development project of Sepehr and Jofeir Fields. The two fields were di...
Tenders for the 11th Phaseto be Finalized Soon
Iran >> 3/17/2018 - CEO of POGC, Mohammad Meshkinfam confirmed the completion of first part of 11th phase’s tender for contractors and said: “The result of tender will be reported by Total to POGC soon and it will be con...
RockRose Energy Announces Update on Incremental Development Projects
United Kingdom >> 3/16/2018 - RockRose has commissioned ERC Equipoise to evaluate both the existing upside potential within the Blake field (30.82%) and, the nearby Tain satellite discovery (50%), with a view to inform FID on Tain...
Iran & Russia Sign Deal to Develop Two Oil Fields
Iran >> 3/14/2018 - Iran and Russia signed a deal to develop two oilfields in Iran, according to Iranian state TV. The National Iranian Oil Company signed a deal with Russia’s Zarubezhneft to develop the fields, accordin...
Qatar Petroleum Signs Al-Bunduq Oilfield Concession Agreement with UAE
Qatar Petroleum Signs Al-Bunduq Oilfield Concession Agreement with UAE Qatar >> 3/13/2018 - Qatar Petroleum signed a concession agreement with the Abu Dhabi Supreme Petroleum Council (on behalf of the Government of Abu Dhabi), Abu Dhabi National Oil Company (ADNOC), United Petroleum Developm...
Lukoil Continues to Develop Yugra Social Infrastructure
Russia >> 3/13/2018 - President of LUKOIL Vagit Alekperov and Governor of Yugra Natalia Komarova signed a Supplement Agreement on Cooperation for 2018, in Kogalym today. The funds, allocated by the company under the agreem...
Statoil to Invest over NOK5B in the Development of Snohvit Field
Norway >> 3/12/2018 - Statoil and its partners have decided to invest just over NOK 5 billion in the further development of the Sn?hvit field in the Barents Sea, which will provide feedstock for the LNG plant at Melkoya in...
Woodside to Operate Scarborough Gas Field Development
Australia >> 3/12/2018 - Woodside and BHP have entered into an agreement in relation to the proposed development of the Scarborough gas field. ...
SDX Energy Announces Gas Discovery at SAH-2 Well
Morocco >> 3/9/2018 - SDX Energy Inc., the North Africa focused oil and gas company, announces that a gas discovery has been made at its SAH-2 well on the Sebou permit in Morocco. ...
The Flare of 14th Phase’s Platform of South Pars Project Kindled
Iran >> 3/3/2018 - The 14th phase’s platform which was installed in reservoir block last month became operational and is pumping gas. HamidrezaMasuodi, the POGC manager of 14th phase development project announced achiev...
East Timor, Australia Agree on Maritime Border
East Timor >> 2/26/2018 - East Timor and Australia have reached an agreement for a treaty on their disputed maritime border and on a “pathway” to develop the giant Greater Sunrise offshore gas field, a statement from an arbitr...
Mosman Announces Positive Results from Welch Horizontal Well Study
United States >> 2/20/2018 - Mosman Oil and Gas Limited, the oil exploration, development and production company, has completed the prefeasibility study on its Welch Permian Basin Project in Texas. ...
Iran to Hold Oil Tenders for $5b Projects in 2018
Iran >> 2/18/2018 - The National Iranian Oil Company (NIOC) says it will hold tenders for developing $5 billion worth of oil and gas projects in Iran during the new calendar year beginning on March 21. ...
Lukoil & Saratov Region Define Joint Projects for 2018
Russia >> 2/15/2018 - President of LUKOIL Vagit Alekperov and the Governor of Saratov Region, Valery Radayev, signed a Protocol to the Agreement on Cooperation between the company and the region, at the Russian Investment ...
Kosmos Welcomes Approval of Inter-Governmental Agreement between Mauritania & Senegal
Kosmos Welcomes Approval of Inter-Governmental Agreement between Mauritania & Senegal Mauritania >> 2/12/2018 - Kosmos Energy confirmed that the governments of Mauritania and Senegal have signed an Inter-Governmental Cooperation Agreement (ICA) which enables the development of the cross-border Tortue natural ga...
Lukoil & Astrakhan Region Develop Cooperation
Russia >> 2/8/2018 - President of LUKOIL Vagit Alekperov and the Governor of Astrakhan Region, Aleksandr Zhilkin, signed a protocol to the Agreement on Cooperation between the company and the region, in Astrakhan today. ...

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