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Development News

Lukoil Begins Transporting Topsides for the Riser Block
Russia >> 9/3/2014 - LUKOIL has begun transporting topsides for the riser block from Astrakhan to the Vladimir Filanovsky field, which is being developed by the Company in the Caspian Sea. ...
Oryx Resumes Operations in Kurdistan Region of Iraq
Iraq >> 9/3/2014 - Oryx Petroleum Corporation Limited is providing an update for its operations in the Hawler license area of the Kurdistan Region of Iraq (Kurdistan Region). ...
Petrobras Declares Commerciality of Rights Transfer Areas
Brazil >> 9/3/2014 - Petrobras submitted the declaration of commerciality for the oil and gas accumulations of Sul de Guara, Nordeste de Tupi e Florim to Brazil’s National Petroleum, Natural Gas and Biofuels Agency (ANP)....
ShaMaran Resumes Operations at Atrush Block in Kurdistan
ShaMaran Resumes Operations at Atrush Block in Kurdistan Iraq >> 9/2/2014 - ShaMaran Petroleum Corp. is pleased to report the resumption of drilling operations on the Atrush block in the Kurdistan Region of Iraq on August 30, 2014. Drilling operations at the Chiya Khere-8 dev...
DNO Will Stay in Iraqi Kurdistan
DNO Will Stay in Iraqi Kurdistan Iraq >> 8/21/2014 - Norwegian oil firm DNO remains committed to its operations in Iraq's Kurdistan region and will go ahead with its expansion programme at its prize Tawke field, despite the recent flare-up in violence. ...
Zagros Declares Commercial Discovery at Kurdamir
Iraq >> 8/20/2014 - WesternZagros Resources Ltd. and its co-venturer, Talisman (Block K44) B.V. (Talisman), have submitted a Declaration of Commercial Discovery (DoC) to the Kurdistan Regional Government (KRG) for the oi...
Iran Expects Progress in South Azadegan
Iran >> 8/19/2014 - Iran expects tangible progress in the development of South Azadegan oil field in the coming months, a top official said. ...
Westernzagros Provides Update on Garmian Block
Iraq >> 8/13/2014 - WesternZagros Resources Ltd. has implemented a number of precautionary measures on its Garmian Block in the Kurdistan Region of Iraq where our assets remain safe and secure. The measures are to ensure...
Shamaran Petroleum Provides Update on KRG Operations
Shamaran Petroleum Provides Update on KRG Operations Iraq >> 8/11/2014 - ShaMaran Petroleum Corp., refers to the recent press release by the Abu Dhabi National Energy Company ("TAQA"), operator of the Atrush Block in the Kurdistan Region of Iraq, reporting that it has susp...
Etinde Exploitation Authorisation Awarded
Cameroon >> 8/4/2014 - Bowleven, the Africa focused oil and gas exploration group traded on AIM, is pleased to announce that the formal decree awarding the Etinde Exploitation Authorisation (EA) has been signed by the Presi...
Rosneft and PDVSA Signed Range of Agreements
Venezuela >> 7/29/2014 - Rosneft President and Chairman of the Management Board Igor Sechin and Venezuelan Minister of Petroleum and Mining and PDVSA President Rafael Ramirez signed a Cooperation Agreement to implement offsho...
Africa Oil Likely to Seek Partner for Kenya Oil Fields
Kenya >> 7/28/2014 - Canadian explorer Africa Oil Corp. is likely to bring in a partner to help it develop oil discoveries in northern Kenya, its chief executive officer said. The firm, along side Tullow Oil, discovered o...
Peak Oil & Gas Reaches Conditional Settlement with Cadco
Philippines >> 7/28/2014 - Peak Oil & Gas Limited holds interests in Service Contract SC6 Cadlao (SC6 Cadlao) in the Philippines which contains the Cadlao Redevelopment Project. ...
ANP Approves Plan to Renew Marlim Field Development Plan
Brazil >> 7/25/2014 - Brazil's oil regulator ANP approved a plan by the country's state-run oil company Petroleo Brasileiro SA to renew its development plan for Brazil's Marlim offshore oil field, one of the country's larg...
Maxim Receives Reconnaissance Contract with ONHYM
Morocco >> 7/24/2014 - Maxim Resources Inc, is pleased to announce that it has received the Reconnaissance Concession Authorization in conjunction with the Hassi Berkane Block in the Kingdom of Morocco. ...
Ecopetrol & Pacific Take Decision Concerning the Quifa SW STAR Pilot Project
Colombia >> 7/24/2014 - Ecopetrol S.A. and Pacific Rubiales Energy Corp. announced at a meeting of Ecopetrol's board of directors in which the Synchronized Thermal Additional Recovery ("STAR") pilot project being developed i...
Panoro Declared Commerciality & Award of an EEA Offshore Gabon
Gabon >> 7/21/2014 - Panoro Energy ASA is pleased to announce the signing of a Declaration of Commerciality (“DOC”) and the award of an Exclusive Exploitation Authorisation (“EEA”) by the Gabonese Authorities covering fou...
Eni Signs Agreement With Republic of Congo
Congo >> 7/20/2014 - The Congolese Minister of hydrocarbons, André Raphael Loemba, and Eni CEO, Claudio Descalzi, in the presence of President of Congo Dennis Sassou Nguesso and the Italian Prime Minister, Matteo Renzi, s...
Mubadala Petroleum Signs Cooperation Agreement with Somalia
Somalia >> 7/17/2014 - Mubadala Petroleum has signed a cooperation agreement with the Ministry of Petroleum and Mineral Resources of the Federal Republic of Somalia. ...
Petroiran Finishes Work in Forouzan Field
Iran >> 7/13/2014 - Petroiran Development Company has fulfilled its obligations for the development of Forouzan oil field which Iran shares with Saudi Arabia, a company official said. ...

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