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Development News

Statoil Submitted Plan for Development in the Gullfaks Area
United Kingdom >> 6/30/2015 - Statoil and its partners have submitted an amendment to the Plan for Development and Operations (PDO) for the Gullfaks licence to the Ministry of Petroleum and Energy for phase 1 of the Shetland/Lista...
Rosneft & Rosatom Sign Cooperation Agreement
Russia >> 6/20/2015 - Rosneft and Rosatom signed a Cooperation Agreement at St Petersburg International Economic Forum. The document was signed in the presence of Russian President Vladimir Putin by Rosneft Management Boar...
NISOC Ups Gas Injection Into Nargesi Field
Iran >> 6/20/2015 - Injecting gas into Nargesi Oilfield has risen by 63%, announced NISOC Production Head. Saying that an extensive operation has been implemented for maintaining the volume of injected gas, Abdolreza Dab...
Rosneft & Skyland Petroleum to Consider Joint Development of Srednebotuobinskoye Field
Russia >> 6/19/2015 - Rosneft and Skyland Petroleum Group (SPG) signed Heads of Agreement regarding potential joint venture based on “Taas-Yuryakh Neftegazodobycha” at the St.Petersburg International Economic Forum. ...
Gazprom Neft & Skolkovo Foundation Join Forces in Major Agreement on Strategic Cooperation
Russia >> 6/19/2015 - Alexander Dyukov, CEO Gazprom Neft, and Victor Vekselberg, President of the Skolkovo Foundation, have used the opportunity of the St Petersburg International Economic Forum to confirm an agreement on ...
Gazprom & PetroVietnam Sign Basic Terms for Developing Nagumanovskoye & Severo-Purovskoye Fields
Russia >> 6/18/2015 - Alexey Miller, Chairman of the Gazprom Management Committee and Nguyen Quoc Khanh, President and CEO of the PetroVietnam Oil and Gas Group signed an Agreement on major terms and conditions of implemen...
Gazprom & Egypt Address Prospects for LNG Sales & Purchase
Russia >> 6/18/2015 - Alexey Miller, Chairman of the Gazprom Management Committee and Mounir Fakhry Abdel Nour, Minister of Industry, Trade and Investment of Egypt had a working meeting within the St. Petersburg Internatio...
Gazprom & Fluxys Address Russian Gas Transit Issues
Russia >> 6/18/2015 - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Walter Peeraer, Chief Executive Officer of Fluxys took place today within the St. Petersburg International Eco...
API Calls on Policymakers to Prioritize Arctic Oil & Natural Gas
United States >> 6/16/2015 - API encouraged Congress and regulators to prioritize Arctic offshore oil and natural gas development as the House Natural Resources Committee prepared to hold a hearing on Arctic energy. ...
AGR Joins the Marginal Field Delivery Consortium
Norway >> 6/10/2015 - AGR has signed a collaboration Agreement with ABT Oil and Gas (ABTOG) to join the Marginal Field Delivery Consortium. ABTOG has been progressing its Initiative for a number of years and has assembled...
Badger Explorer Signs Development Agreement with Statoil
Norway >> 6/10/2015 - Badger Explorer ASA (BXPL) signed an agreement with Statoil, whereby the oil company will sponsor the first phase of the Badger Explorer Development Program. The objective of the Development Program i...
Aphrodite Declared Commercial
Cyprus >> 6/7/2015 - Delek Group with Avner Oil Exploration - Limited Partnership and Delek Drilling Limited Partnership announces report in respect of a submission to the government of Cyprus a declaration of commerciali...
SOCAR President Received Minister of Oil of Iraq
Azerbaijan >> 6/2/2015 - SOCAR President Rovnag Abdullayev received a delegation led by Adil Abdul-Mahdi, Minister of Oil of Iraq. Welcoming the guests, Mr. Abdullayev expressed gratitude to Minister for accepting his invitat...
Ruspetro Completes Development Well Campaign on Pottymsko-Inginsky Licence Block
Russia >> 6/1/2015 - Ruspetro plc announces that it has completed its development well campaign in the area of Pad 23b on the Pottymsko-Inginsky licence block. The 2015 drilling campaign comprised two multi-stage fracture...
Pemex and BlackRock Sign MoU to Develop Energy Related Infrastructure
Mexico >> 6/1/2015 - Petroleos Mexicanos (Pemex), and BlackRock have signed a Memorandum of Understanding (MOU) to accelerate the efficient development and financing of energy related infrastructure projects of strategic ...
Pacific O& G Receives Approval for Kisaran Development in Indonesia
Indonesia >> 5/26/2015 - Ministerial approval has been received for a Plan of Development of the Kisaran Production Sharing Contract in Sumatra, Indonesia, where New Zealand Oil & Gas has a 22.5 per cent interest. ...
Yadavaran Pilot Program Progress at 80 Percent
Iran >> 5/20/2015 - The pilot program of Yadavaran oil field is underway with 80 percent progress, senior official with Research Institute of Petroleum Industry (RIPI) Mohammadreza Kamali said. ...
CITIC to Proceed with Oseil Field Development in Seram PSC
Indonesia >> 5/18/2015 - Lion Energy is set to increase its cash flow following the successful completion of the Oseil-27 development well at the Seram (Non-Bula) Block production sharing contract in Indonesia. ...
Budget Has Allocated $4.8b to Shared Fields
Iran >> 5/16/2015 - A member of energy committee of Parliament says annual budget has envisaged tapping foreign exchange from the National Development Fund for development of shared oil and gas fields. ...
Yolla-6 Development Well Reaches Total Depth
Australia >> 5/11/2015 - AWE Limited advises that the Operator of the BassGas joint Venture in permit T/L1, Origin Energy, has confirmed that the the Yolla-6 development well has reached a Total Depth of 3,653m Measured Depth...

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