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APPEA Welcomes Queensland Acreage Release
Australia >> 11/11/2016 - APPEA welcomes the release of two petroleum and gas exploration areas in Queensland. The areas released by the Queensland Government include 86km of land, 65km north of Injune in the Bowen Basin, and...
Genoil Signs US$50 Billion Letter of Intent to Develop and Construct Upgrading Projects in Russia
Genoil Signs US$50 Billion Letter of Intent to Develop and Construct Upgrading Projects in Russia Russia >> 11/9/2016 - Genoil Inc. (GNOLF), the publicly traded clean technology engineering company for the petroleum industry, announced the signing of a $50 billion Letter of Intent (LOI) to develop oil fields and constr...
Total to Sign $6b Gas Deal with Iran
Iran >> 11/7/2016 - Iran will sign a deal with France's Total on Tuesday for the development of gas production at the South Pars field in the Persian Gulf, the Iranian oil ministry said. ...
SOCAR President Attends ADIPEC 2016
Azerbaijan >> 11/7/2016 - Rovnag Abdullayev, President of SOCAR visited the United Arab Emirates to attend the Abu Dhabi International Petroleum Exhibition & Conference. He held a series of meetings within the forum attended b...
Farzad B Economic Development Model to Finalize
Iran >> 11/7/2016 - The economic development model of Farzad B gas field would be finalized in November 2016. The general manager of Pars oil and Gas Company claimed that the Indian ONGC will make the economic developm...
SOCO Starts 2016 Development Drilling Programme on TGT Field
Vietnam >> 11/7/2016 - SOCO announces that the 2016 development drilling programme has commenced on the Te Giac Trang (TGT) Field of Block 16-1, offshore southern Vietnam. The infill wells, the TGT-27P and TGT-28P, will be ...
Consent to Use the Huldra Facility in a Cold Phase
Norfolk Island >> 11/4/2016 - Statoil Petroleum AS (Statoil) has received consent to use the Huldra facility in a cold phase in production licence 051 and 052B in the North Sea. The consent applies to the use of the facility in a ...
Njord Facilities Selected as Preferred Concept for Pil & Bue Development
Norway >> 11/4/2016 - Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway and the UK, is pleased to announce that the partners in the P...
Wartsila & IDRO Sign Cooperation Agreement to Develop Power Deneration in Iran
Iran >> 11/3/2016 - Wartsila and Industrial Development & Renovation Organization of Iran (IDRO), the largest industrial corporation in Iran have signed a Memorandum of Understanding (MoU) on October 29th. The MoU was si...
Norway Expects Up to 15 Development Plans from Oil Firms in 2017/2018
Norway >> 11/1/2016 - Oil firms are expected to submit up to 15 development plans for oil and gas fields off Norway over the next two years, the head of the Norwegian Petroleum Directorate told Reuters on Monday. ...
Foreigners Eager to Commission Petrochemical Projects
Iran >> 11/1/2016 - Deputy Minister of Petroleum for Petrochemical Affairs Marzieh Shahdaie says foreigners are willing to contribute into development projects in Mahshahr Petrochemical Special Economic Zone. ...
Submitted PDO for Trestakk Discovery
Norway >> 11/1/2016 - The licensees in the Trestakk discovery in the Norwegian Sea submitted a Plan for Development and Operation (PDO) to the authorities today. Expected investments are NOK 5.5 billion. ...
Statoil Submits Trestakk Plan for Development and Operation
Norway >> 11/1/2016 - Statoil, on behalf of the license holders, has submitted a Plan for Development and Operation of the Trestakk discovery on the Halten Bank to the minister for petroleum and energy, Tord Lien, in Bod?....
Iran to Ink 6 Oil Contracts with Intl. Firms
Iran >> 10/24/2016 - Iran will soon sign six agreements with international energy giants over the development of its oil sector projects, Gholam-Reza Manouchehri, the deputy for engineering and development affairs of the ...
Iraq Offers Oil Fields Under New Contract Terms
Iraq >> 10/24/2016 - Iraq's oil ministry has launched a new round of bidding to develop 12 small to medium-sized oil fields and will directly negotiate terms with oil companies as it seeks to move away from the service-ba...
AkerBP Gets Green Light for Ivar Aasen Start-Up
Norway >> 10/24/2016 - The Norwegian Petroleum Directorate (NPD) has granted consent for production start-up on the Ivar Aasen field in the North Sea. The operator AkerBP has scheduled start-up for December. ...
BPs Khazzan Gas Project in Oman Nears Completion of Phase One
Oman >> 10/24/2016 - BP Oman announced that phase one of its massive Khazzan natural gas project is 80 percent complete and on track to deliver first gas near the end of 2017. ...
Strong Firms Invited to Run Tender for S. Azadegan Development
Iran >> 10/23/2016 - Operator of the project for development of South Azadegan oil field Mahmoud Marashi says powerful companies can run the tender to develop second phase of a project for development of South Azadegan oi...
Iran Invites Oil Majors to Bid for New Projects
Iran >> 10/23/2016 - Iran has invited global energy giants to a much-awaited tender for the development of several of its key oil sector projects. ...
Maersk Oil in Talks with Iran Over Oil Fields
Iran >> 10/21/2016 - Maersk Oil, the oil division of Danish group A.P. Moller-Maersk said it had signed a memorandum of understanding with the National Iranian Oil Company (NIOC) to 'explore opportunities for future coope...

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