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Development News

Eni’s Strategic Plan in 2014 - 2017
Libya >> 2/13/2014 - Paolo Scaroni, Eni CEO, presented the company’s 2014-2017 Strategic Plan to the financial community. In what is expected to remain a very difficult market context, Eni’s strategy is based on selecti...
WesternZagros Provides Updates on Garmian and Kurdamir
Iraq >> 2/13/2014 - WesternZagros Resources Ltd. has completed a revised resources assessment of its Kurdamir Oligocene reservoir in the Kurdistan Region of Iraq and there are no material changes. On the Garmian Block, d...
Rockhopper Outlines Sea Lion Development Costs
Falkland Islands >> 2/6/2014 - Rockhopper Exploration plc, the North Falkland Basin oil and gas exploration company, advises shareholders that Premier Oil will provide an update on the Sea Lion Development at a Capital Markets Day....
Proserv Secures Double Contract Wins
United States >> 2/5/2014 - Proserv has secured two major contract wins in the Gulf of Mexico worth a combined US$17million (approx. £10.5m), underpinning the company’s fast-growing status, international footprint and strong int...
Repsol & UNDP Sign Agreement to Promote the Development in Colombia
Colombia >> 2/3/2014 - On 1 February, Repsol and the United Nations Development Programme (UNDP) signed an agreement in Colombia to carry out the Communities Benefit Plan in the Guajira Peninsula in northern Colombia. This ...
Concession Agreement Extension for Upper Zakum Field
Concession Agreement Extension for Upper Zakum Field United Arab Emirates >> 1/21/2014 - The Government of Abu Dhabi has decided on the extension of the Concession for the Upper Zakum Oil Field, offshore Abu Dhabi, United Arab Emirates (UAE). The Concession has now been extended to 31st D...
Japan's Cosmo Oil to Work with Spain's Cepsa
Japan >> 1/21/2014 - Japanese oil refiner Cosmo Oil Co and Spanish oil firm Cepsa have agreed to work together on crude and natural gas development, Japan's Nikkei business daily said. ...
CNOOC Limited 2014 Business Strategy and Development Plan
China >> 1/20/2014 - CNOOC Limited announced a summary of the company's business strategy and development plan for the year 2014. The company's net production target of 2014 is in the range of 422 to 435 million barrels o...
JKX Starts up the Elizavetovskoye Field Development
Ukraine >> 1/20/2014 - JKX Oil & Gas plc is pleased to announce the start-up of its stand-alone Elizavetovskoye field development with the successful completion of the first development well E-301.The well is now flowing ga...
Iraq Delays Nasiriya Oil Project Auction to June 19
Iraq >> 1/14/2014 - Iraq has delayed for the second time an international tender for the development of its Nasiriya oil field and the construction of a new refinery to June 19, the oil ministry said. ...
Shaikan Field Starts Crude Oil Exports
Shaikan Field Starts Crude Oil Exports Iraq >> 1/9/2014 - Gulf Keystone, a leading independent E&P operator in the Kurdistan Region of Iraq, provides an operational and corporate update. Significant progress has been made since the Field Development Plan (FD...
Eland Oil & Gas Provides Update for OML 40 Licence
Nigeria >> 1/6/2014 - Eland Oil & Gas PLC, an oil & gas development and exploration company operating in West Africa with an initial focus on Nigeria, announces the following update on activities for the OML 40 licence, lo...
Qatar Willing to Cooperate with Iran on Joint Gas Field
Iran >> 12/22/2013 - Qatar plans to cooperate with Iran to develop its share of the worlds biggest gas field so that both countries can reap the maximum long-term rewards, sources at state-run Qatar Petroleum (QP) said. ...
Declarations of Commercial Viability for Oil Accumulations in the Pre-salt
Brazil >> 12/20/2013 - "Petrobras submitted to Brazil’s National Petroleum, Natural Gas and Biofuels Agency (ANP) the declaration that the oil and gas accumulations of Franco and Sul de Tupi are commercially viable. These a...
TAQA Receives Government Approval for Morrone Field
United Kingdom >> 12/16/2013 - TAQA, the international energy company from Abu Dhabi, has received approval from the UK government for development of its Morrone field (block 9/23b) in the Central North Sea. ...
Salamander Provides Bualuang Field Development Update
Thailand >> 12/11/2013 - Salamander Energy provides an update on drilling, development and production operations at the Bualuang oil field in the B8/38 concession, offshore Gulf of Thailand. Salamander has a 100% interest in,...
ABTOG Enter into an Exclusive Agreement with Wood Group PSN
United Kingdom >> 12/9/2013 - Enegi and ABTechnology Ltd. (‘ABT’), the owners of ABT Oil and Gas (‘ABTOG’) are pleased to announce that they have entered into an option agreement (the ‘Option’) with Wood Group PSN, the internati...
Talisman & Ecopetrol Declare Commerciality of the Akacias Field
Colombia >> 12/9/2013 - Talisman Energy Inc and Ecopetrol announced an important milestone towards developing the Akacias field in Block CPO-9 in Colombia in the Department of Meta. ...
Blackbird Field Development Plan Addendum approved
United Kingdom >> 12/6/2013 - Atlantic Petroleum announces that the UK Department of Energy and Climate Change (DECC) has advised the Blackbird Field joint venture partners that it has approved the Blackbird Field Development Plan...
Ecopetrol Declared the Commercial of the Eastern Cano Sur block
Colombia >> 12/5/2013 - Ecopetrol S.A announces that it declared to the National Hydrocarbons Agency the commercial viability of the Eastern Cano Sur block, where it has a 100% interest. The block is located in the municipal...

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