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Development News

EMP Received Approved Plan of Further Development in Bentu PSC Block
Indonesia >> 10/12/2015 - PT Energi Mega Persada Tbk. (“EMP” or “the Company’) today reported that its Bentu PSC block in Riau Sumatera has received the approved Plan of Further Development for the Seng and Segat gas fields fr...
Bashneft Presents Its Development Strategy Through 2020
Russia >> 10/12/2015 - PJSOC Bashneft presented the Company’s long-term development programme and strategy approved by the Board of Directors for the period from 2015 through 2020. ...
Energy Investment & Regulation Conference Takes Place in Bucharest
Azerbaijan >> 10/7/2015 - The Energy Regulators Regional Association (ERRA) held its 14th Energy Investment & Regulation Conference in Bucharest on October 5-6. The conference focused on the issues like status of the energy in...
SOCAR Hosts Meeting on ACG Development
Azerbaijan >> 10/5/2015 - Representatives of BP, Statoil, ExxonMobil, Chevron, Itochu, INPEX, TPAO and ONGC Videsh held a meeting with SOCAR and SOFAZ management at SOCAR’s head office to discuss long-term cooperation within t...
Shell Delegation in Iran for Oil Talks
Iran >> 10/4/2015 - A delegation from global energy giant Royal Dutch Shell is visiting Iran for talks with the country’s oil officials. ...
Technip Awarded Additional Subsea Contract in the Gulf of Mexico
United States >> 10/2/2015 - Technip was awarded by Shell Offshore Inc. a contract for the development of subsea infrastructure for the Stones project. Included in the service are two subsea production tie-backs to the Floating P...
Iran Signs Development of Esfandiar Oilfield
Iran >> 9/20/2015 - The Iranian Offshore Oil Company (IOOC) and a Norwegian-Austrian company have signed a preliminary agreement for the development of the offshore Efandiar field, IOOC Managing Director Saeed Hafezi say...
SacOil Commences Phase 2 Development at its Lagia Field
Egypt >> 9/17/2015 - SacOil Holdings Limited, through its subsidiary Mena International Petroleum Company Limited ("Mena"), is pleased to announce the commencement of phase 2 of the field development operations at its 100...
PetroNeft Resources Provides an Operations Update in Licence 61
Russia >> 9/10/2015 - AIM-listed PetroNeft Resources, an oil & gas exploration and production company operating in the Tomsk Oblast, Russian Federation, and 50% owner and operator of Licences 61 and 67 is pleased to provid...
Cooper Energy Completes Drilling at Bunian-4 Well in South Sumatra
Indonesia >> 9/10/2015 - Australia's Cooper Energy Limited revealed Thursday that operations have been completed at Bunian-4 in the Tangai-Sukananti KSO, South Sumatra, Indonesia. The drilling rig has been released having cas...
Gazprom & BASF Meeting for Cooperation Deepening
Russia >> 9/4/2015 - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Kurt Bock, Chairman of the Board of Executive Directors of BASF took place today within the Eastern Economic F...
Northcote Participating in Mexican Onshore Field Bid Round
Mexico >> 9/4/2015 - Northcote is pleased to announce that, further to its previously announced intention to secure and develop onshore conventional fields in Mexico, the Company has registered for, and been granted, acce...
Inpex Submits Revised POD for Abadi Project Using a FLNG
Indonesia >> 9/3/2015 - INPEX CORPORATION (INPEX) announced that it has submitted to the Indonesian Special Task Force for Upstream Oil and Gas Business Activities (SKKMigas) a revised plan of development (Revised POD) of th...
Pertamina and Kuwait Petroleum Cooperation Sign a MoU
Indonesia >> 8/31/2015 - PT Pertamina (Persero) signed a memorandum of understanding (MoU) with its strategic partner, Kuwait Petroleum Corporation, for the development of oil and gas as well as renewable energy business. ...
UK Oil & Gas Authority Approved Culzean Field Development
United Kingdom >> 8/31/2015 - The development of the largest new field discovered in the UK North Sea for a decade has been approved by the UK Oil & Gas Authority. The Maersk Oil operated high pressure, high temperature (HPHT) Cul...
Main South Pars Phase Fully Operational
Iran >> 8/24/2015 - Managing director of Pars Oil and Gas Company (POGC) said Phase 12 development of the massive South Pars gas field is fully operational and is handed over to National Iranian Gas Company for managemen...
POGC Eyes 1st Phase 19 Refinery Train by Winter
Iran >> 8/22/2015 - Managing-director of Pars Oil and Gas Company (POGC) said the first refinery train of phase 19 development of the massive South Pars gas field will be operational by winter and will feed the national ...
Peru Gives Canadian Firm Two-Year Contract for Biggest Oil Block
Peru >> 8/21/2015 - Peru will give Pacific Exploration and Production Corporation a two-year service contract for developing the country's biggest oil block, state regulator Perupetro said. ...
Johan Sverdrup Development Approved
Johan Sverdrup Development Approved Norway >> 8/21/2015 - The plan for development and operation (PDO) for Johan Sverdrup, phase one, was approved by the Ministry of Petroleum and Energy Thursday, 20 August. ...
Oriental Energy Resources Ltd Implements EBOK Transition Plan
Nigeria >> 8/20/2015 - In April 2015 Oriental and Afren plc concluded a mutually agreeable EBOK FIELD Transition Plan, whose timely implementation assures the Governmental Authorities, the Ebok Field Farmors (The NNPC/Mobil...

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