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Development News

Loxley Planning Consent Meeting to be Rerun
United Kingdom >> 8/3/2020 - UK Oil & Gas PLC (UKOG) is pleased to note that following questions raised as to the lawfulness of the planning committee meeting (PCM) held on 29th June, during which the Company's Loxley gas apprais...
Independent Oil and Gas Provides an Operational Update for July 2020
United Kingdom >> 7/31/2020 - Independent Oil and Gas plc ("IOG"), (IOG.L), the development and production company focused on becoming a substantial UK gas producer , is pleased to provide an operational update for July 2020. ...
Gazprom Neft Develops Its New Production Cluster in Western Siberia
Russia >> 7/29/2020 - Gazprom Neft has begun its full-scale development of a major hydrocarbon cluster (with total potential resources estimated at 650 million tonnes of oil) covering license blocks in the Khanty-Mansi Aut...
Petrobras Advances in the Development of the Buzios Field
Brazil >> 7/24/2020 - Petrobras' executive board approved the start of contracting processes for three new FPSO-type platforms for the Buzios field, in the Santos Basin pre-salt. FPSO is the acronym in English for the unit...
Gazprom Neft & Shell Launch Joint Project for Development
Russia >> 7/21/2020 - Gazprom Neft and Shell have signed an agreement to establish a joint venture to study and develop the Leskinsky and Pukhutsyayakhsky license blocks on the Gydan Peninsula. ...
Petropars Is a Symbol of National Technology
Iran >> 7/21/2020 - Minister of Oil in the signing ceremony of contracts to complete the development of the South Azadegan joint oil field and the construction of the South Azadegan oil field’s Central Treatment Export P...
Zenith Energy Provides Update on Tilapia
Congo >> 7/20/2020 - Zenith Energy Ltd., the listed international oil & gas production company focused on pursuing African development opportunities, is pleased to provide an update on the Tilapia licence in the Republic ...
PEDEC Signs Deal with Petropars for Azadegan Oilfield Development
Iran >> 7/20/2020 - The Petroleum Engineering and Development Company (PEDEC) has signed a contract with Petropars Group for completing the development of South Azadegan joint oilfield besides building a 320,000 b/d cen...
Activity Rising Again in the Petroleum Industry in Norway
Norway >> 7/17/2020 - In the first half of 2020, activity on the Norwegian shelf has been characterised by the corona situation with restrictions on activity, a drop in demand and a declining oil price. ...
Mubadala's 2020 Development Drilling & Workover Program Increases Production Capacity
Thailand >> 7/14/2020 - Tap Oil Limited is pleased to provide updated information in relation to the completion of the Manora 2020 development drilling and workover campaign using the Valaris 115 jack-up drilling rig. The Ma...
Gas Agreement Discussion Commenced for the Pasca A Development
Papua-New Guinea >> 7/14/2020 - The State of Papua New Guinea has commenced negotiations with Twinza on the fiscal terms that will apply to the development of the Pasca A gas-condensate field in the Gulf of Papua. The Government is ...
NIOC Awards Joint Field Development to Local Firm
Iran >> 7/11/2020 - The National Iranian Oil Company (NIOC) has signed a contract with Persia Oil and Gas Industry Development Company (POGIDC) for the development of Yaran joint oilfield. ...
Zarubezhneft Shall Commence the Development Offshore Vietnam
Vietnam >> 7/10/2020 - The Ministry of Industry and Trade of the Socialist Republic of Vietnam issued an adjusted investment license for the oil and gas Block 09-2/09 located on the continental shelf of the country on July ...
Talos Energy Receives Official Instruction to Unitize Zama Field
Mexico >> 7/9/2020 - Talos Energy Inc. announced that on July 7, 2020, the Company received a notice from Mexico's Ministry of Energy ("SENER") instructing the partners of Block 7 and Petróleos Mexicanos ("Pemex") to unit...
NOC Chairman & Eni CEO Discuss Energy Sector Conditions in Libya
Libya >> 7/8/2020 - National Oil Corporation (NOC) Chairman Eng. Mustafa Sanalla met with the CEO of Eni, Mr. Claudio Descalzi on Wednesday July 8, 2020 at the NOC headquarters in Tripoli to discuss the effects of the il...
LNG Heads of Terms with Leading Moroccan Energy Group
Morocco >> 6/29/2020 - Sound Energy, the Moroccan focused upstream gas company, is pleased to provide the following update in relation to the Company's micro liquified natural gas (mLNG) phase 1 development plan for the TE-...
LLOG Exploration Announces the Sanctioning of its Taggart Discovery
United States >> 6/29/2020 - LLOG Exploration Offshore, L.L.C., a privately-owned exploration and production company focused on the deepwater Gulf of Mexico ("GOM"), announced the sanctioning of its Taggart discovery and the sign...
Lansdowne Announces Its Audited Results, for the Year Ended 31 December 2019
Ireland >> 6/26/2020 - Lansdowne Oil & Gas ("Lansdowne") is pleased to announce its audited results, for the year ended 31 December 2019. Lansdowne is an upstream oil and gas company, focused on exploration and appraisal ac...
Aker BP Submits Plan for Development and Operation for Hod
Norway >> 6/24/2020 - Aker BP and Pandion Energy submitted the plan for development and operation (PDO) for Hod to the Ministry of Petroleum and Energy. The Hod field will be developed in collaboration with Aker BP’s allia...
Sakhalin Energy Has Extended the Development Licenses
Russia >> 6/18/2020 - Sakhalin Energy has extended the development licenses for Piltun-Astokhskoye and Lunskoye fields in the Sea of Okhotsk, which were issued to the company in May 1996 initially for a period of 25 years....

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