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Development News

South Pars Phase 16 Platform Operational
Iran >> 11/25/2014 - South Pars gas field phase 16 platform as the nearest platform to Iran’s maritime border with Qatar in the Persian Gulf waters became operational. ...
Gazprom & Petrovietnam Join Forces in Developing Russian Gas Fields
Russia >> 11/25/2014 - Alexey Miller, Chairman of the Gazprom Management Committee and Nguyen Xuan Son, Chairman of the PetroVietnam Oil and Gas Group (PVN) Board of Directors signed in Sochi a Framework Agreement on joint ...
Ghana Gives Eni Green Light for $6b Offshore Gas Project
Ghana >> 11/24/2014 - Ghana's government has given Italian energy firm Eni the final green light to develop gas resources in the Offshore Cape Three Points (OCTP) block, expected to begin production in 2017, it said. The g...
SacOil CEO Looks at Mozambique, Egypt in Portfolio Balancing
Mozambique >> 11/20/2014 - SacOil Holding Ltd. (SCL) wants to diversify its assets by building a natural-gas pipeline in Mozambique and developing Egyptian oil wells, according to CEO Thabo Kgogo. ...
Primeline Signs Project Finance Contract for LS36-1 Gas Field Development
China >> 11/18/2014 - Primeline Energy Holdings Inc. announces that the binding documentation for the project finance facility for the financing of its share of the costs to complete the LS36-1 gas field development has no...
Eni & Sonangol Sign Strategic Agreement on Angolan Gas Development
Eni & Sonangol Sign Strategic Agreement on Angolan Gas Development Angola >> 11/17/2014 - The Chairman of Sonangol, the National Oil Company of Angola, Francisco de Lemos Maria, and Eni's CEO Claudio Descalzi signed a strategic agreement on future co-operation activities and joint projects...
RH Petrogas Forges Ahead at Fuyu 1 Block
China >> 11/17/2014 - Mainboard-listed RH Petrogas Limited, engaged in the business of exploration, development and production of oil and as resources, is pleased to announce that the Group has commenced the drilling of it...
Shallow Gas Program Is on Track
Kazakhstan >> 11/14/2014 - All the key items within the next phase of the gas development program are on track and it is expected that the additional production will be ready to be brought on stream in January 2015. This includ...
New South Wales to Curb Gas Exploration
Australia >> 11/13/2014 - The government of New South Wales said it would limit gas exploration across Australia's most populous state and set out new rules for coal seam gas developments while trying to avert a looming gas sh...
Rockhopper & Premier to Adopt a Solution for Sea Lion
Falkland Islands >> 11/13/2014 - Rockhopper Exploration plc provide the following update on its Falkland Islands assets. ...
Energy Minister Launches Work on Natural Gas Master Plan
Trinidad and Tobago >> 11/11/2014 - Energy Minister Kevin Ramnarine kicked-off work on the development of this country’s Natural Gas Master Plan for the ten year period of 2014-2024. The Minister noted that this was one of the most impo...
Afren Provides Nigerian Operations Update
Nigeria >> 11/11/2014 - Afren plc is pleased to provide the market with an update on its operations at Ebok, Okwok and OML 115, all located offshore Nigeria. ...
The Minister of Oil Meets With The Dutch Ambassador
Iraq >> 11/3/2014 - Mr. Adil Abd Al-Mahdi the minister of oil met in Sunday the 2nd of November with the Dutch ambassador Mrs. Janette Seapin, ...
Johan Sverdrup Field Will Generate Enormous Value
Norway >> 11/3/2014 - The gigantic Johan Sverdrup field, one of the most profitable industrial projects in Norway over coming decades, will provide enormous value. ...
Petrobras and PPSA Signed a PIA
Brazil >> 11/3/2014 - Petrobras and PPSA (Pre-Sal Petroleo S.A.) have signed a Production Individualization Agreement (PIA) of the Tartaruga Mestica, located at the south portion of the Campos Basin. This Agreement sets ou...
MOL Gets Approval for Akri-Bijeel Development Plan
Iraq >> 10/30/2014 - Hungarian energy group MOL has received ministry approval for its field development plan for the Akri-Bijeel Block in the Kurdistan region of Iraq, MOL said in a statement. ...
Chevron Sanctions Stampede Project in the Deepwater U.S. Gulf of Mexico
United States >> 10/28/2014 - Chevron Corporation announced that its subsidiary, Union Oil Company of California (Union), has reached a final investment decision to proceed with the development of the Hess Corporation-operated St...
Petrofac Awarded Deepwater Development Project in Nova Scotia
Canada >> 10/28/2014 - Petrofac has been awarded a contract to work with the Government of Nova Scotia to help it identify the best way forward to exploit its ultra-deepwater oil potential. ...
Submission of Tsimiroro Development Plan
Madagascar >> 10/28/2014 - Madagascar Oil is pleased to announce that the Block 3104 Tsimiroro Development Plan (the "TDP") has been submitted to the Executive Committee, ahead of the 4 November 2014 deadline set by the product...
South Pars Platform Tested
Iran >> 10/18/2014 - Platform A18 was tested after its flare was turned on. Sour gas is transferred from Phase 18 to Phases 15&16 through a pipeline to be processed. ...

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