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Development News

Eni Received Approval of the Plan of Development for Coral Discovery
Mozambique >> 2/24/2016 - Eni announces the approval of the Plan of Development for the Coral discovery, offshore Mozambique. The approval has been granted by the Government of Mozambique’s Council of Ministers. ...
Petroceltic Commences Development Drilling on Ain Tsila Field
Algeria >> 2/22/2016 - Petroceltic International plc, the oil and gas exploration, development and production company, is pleased to announce the start of development drilling on the Ain Tsila gas and condensate field in Al...
Eni Completes the Authorization Process for the Development of Zohr Field
Eni Completes the Authorization Process for the Development of Zohr Field Egypt >> 2/21/2016 - The Egyptian Ministry of Petroleum and Mineral Resources has approved that the Egyptian Natural Gas Holding Company (EGAS) grants Eni the Zohr Development Lease, which, following the contractual frame...
Obama Administration to Offer 45 Million Acres in the Gulf of Mexico
United States >> 2/19/2016 - As part of the Obama Administration's continued commitment to safe and responsible domestic energy production, Bureau of Ocean Energy Management (BOEM) Director Abigail Ross Hopper announced that the ...
Cluff Enters Two Year Extension of MoU with Halliburton
United Kingdom >> 2/19/2016 - Cluff Natural Resources Plc has entered into a further memorandum of understanding ('MOU') with Halliburton Manufacturing and Services Limited ('Halliburton'), one of the world's largest providers of ...
Orca Completes Drilling Program of Songo Songo Field
Tanzania >> 2/19/2016 - Orca Exploration Group Inc (Orca) announces the successful completion of its offshore workover and drilling program (the "Off-Shore Programme") and the release of the Paragon M826 mobile drilling work...
SOCAR Vice President Visits Waste Management Center Development Area
Azerbaijan >> 2/18/2016 - SOCAR Vice President for Ecology Rafiga Huseynzade visited the Waste Management Center’s development area to see the construction work within the framework of SOCAR and BP’s joint project for the deve...
Aker & Total to Cooperate on Subsea Technology Development
Norway >> 2/16/2016 - Aker Solutions and Total agreed to collaborate on research and innovation to develop new cost-effective subsea field technology. The initial four-year technical collaboration agreement will build on e...
Brazil Senate may Vote to Cut Petrobras Subsalt Preference
Brazil >> 2/16/2016 - Brazil's Senate may soon vote on a bill ending state-led oil company Petrobras' obligation to run all new development and pay at least 30 percent of the costs of all new offshore development in the Su...
Gazprom & Slovakia Address Cooperation Prospects in Gas Sector
Russia >> 2/11/2016 - Bratislava hosted today a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Robert Fico, Prime Minister of the Slovak Republic. ...
The Prime Minister of Iraq Met Eni's CEO
Iraq >> 2/10/2016 - The Prime Minister of Iraq, Haydar al-Abadi, met in Rome Eni’s Chief Executive Officer, Claudio Descalzi. The meeting took place in Palazzo Chigi, home of the Italian Government, in the margin of the ...
Important Sverdrup Study to Aibel
Norway >> 2/9/2016 - Aibel is one of the companies working on a C study for the second phase of the Johan Sverdrup development. ...
Genel to Resume Oil Drilling in Iraqi Kurdistan
Iraq >> 2/9/2016 - Genel Energy (GENL.L), one of a handful of foreign oil producers in Iraqi Kurdistan, will resume drilling work at its Taq Taq oilfield in the coming weeks to ramp up production, its chief financial of...
Sasol Obtains Approval for Mozambique Field Development Plan
Mozambique >> 2/1/2016 - Sasol has obtained approval from the Mozambique Council of Ministers for its field development plan (FDP) that will see further hydrocarbon resources developed to support Southern Africa growth. ...
Sankofa-Gye Nyame Project in Ghana Makes Progress
Ghana >> 1/30/2016 - The world-class Sankofa-Gye Nyame field - Ghana’s third oil and gas field - which will increase Ghana’s electricity supply by 50%, is making significant progress. The field will produce 180 million st...
Mozambique Says Final Gas Decisions to be Made This Year
Mozambique >> 1/28/2016 - Mozambican gas projects being developed by Italy's Eni and U.S. energy firm Anadarko will be given the final go-ahead by the end of this year, the state-run National Hydrocarbon Company (ENH) said. ...
Lukoil & Krasnoyarsk Region Outline Major Areas of Cooperation
Russia >> 1/27/2016 - Vagit Alekperov, President of PJSC LUKOIL, and Victor Tolokonsky, Governor of the Krasnoyarsk Region, signed a supplement agreement for 2016 to the cooperation agreement in Krasnoyarsk today. ...
Saipem Signs MoU Concerning Potential Cooperation for Projects in Iran
Iran >> 1/25/2016 - In the presence of the President of the Islamic Republic of Iran, Hassan Rouhani, and the Italian Prime Minister, Matteo Renzi, Saipem has entered into a Memorandum of Understanding (MoU) concerning p...
Lukoil Takes Part in Discussing Youth Employment Problems
Russia >> 1/25/2016 - A round table on youth employment issues was held today in the office of OOO LUKOIL-Uralnefteprodukt (wholly-owned subsidiary of PJSC LUKOIL) on the sidelines of the meeting of BRICS labor and employm...
CNOOC Limited Announces its 2016 Business Strategy & Development Plan
China >> 1/19/2016 - CNOOC Limited announced its business strategy and development plan for the year 2016.The Company’s net production target for 2016 is in the range of 470-485 million barrels of oil equivalent (BOE), of...

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