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Monday, September 15, 2014 - Russia's Gazprom Neft delivers the one millionth barrel from its Prirazlomnoye field in the Arctic.
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Industry Headlines

Study: Leaky Wells, Not Fracking, Taint Water
Monday, September 15, 2014 A new study says that the drilling procedure called fracking didn't cause much-publicized cases of tainted water, blaming contamination on leaky natural gas wells instead.
New Alberta Premier Picks Legislator Oberle As Energy Minister
Monday, September 15, 2014 Jim Prentice appoints Frank Oberle as energy minister, a key portfolio in the province that is the largest source of US oil imports.
Brazil To Hold Oil Rights Auction In First Half Of 2015
Monday, September 15, 2014 Brazil will hold the 13th round of its oil rights auctions in the first half of next year, a senior mines and energy ministry official says.
Keystone XL Pipeline's Cost In South Dakota More Than Doubles
Monday, September 15, 2014 The cost of the South Dakota portion of TransCanada's Keystone XL pipeline has more than doubled to $1.974B in the last four years the project has awaited federal approval, the company says.
Russia's Energy Minister To Meet OPEC As Oil Price Falls More
Monday, September 15, 2014 Russian Energy Minister Alexander Novak will meet OPEC officials in Vienna, his spokeswoman says, as oil's price fall piles pressure on Moscow's budget.
Oil Hits 2-Year Low; Dollar Rises Ahead Of Fed
Monday, September 15, 2014 Brent crude falls below $97 per barrel, its lowest level in more than two years, as weak Chinese economic data cuts the prospect for demand at a time of abundant supply.
Scotland 'Yes' Vote Would Trigger Dispute Over Old Oil Rigs
Friday, September 12, 2014 Scotland will ask Britain to help finance the cost of removing old North Sea rigs and pipelines even if it votes for independence and gains most of the oil revenues.
Oil Drops As Ample Supply Overtakes Demand
Friday, September 12, 2014 Crude oil prices fall on pressure from weak demand, ample supplies and a strong dollar.

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Exploration

Pakistan's OGDCL Discovers Hydrocarbons at Soghri #01 Well in Punjab
Monday, September 15, 2014 Oil and Gas Development Company discovers hydrocarbons at Soghri #01 exploratory well in District Attock in Punjab, Pakistan.
China's CNOOC Makes Deepwater Gas Field Discovery In South China Sea
Monday, September 15, 2014 China National Offshore Oil Corporation makes a deepwater gas field discovery in the South China Sea.
Oil Min: Congo Preparing Tender For Several Oil Blocks
Monday, September 15, 2014 Democratic Republic of Congo plans to issue a tender for oil blocks in its western coastal basin, its oil minister says, as it seeks to boost investment in the sector.
Senex Energy Spuds Hathi-1 Exploration Well in PEL 514 in Cooper Basin
Monday, September 15, 2014 Senex Energy spuds Hathi-1 exploration well in PEL 514 in South Australia's Cooper Basin.
President Energy Optimistic about Paraguayan Campaign
Friday, September 12, 2014 President Energy is optimistic about its Paraguayan exploration campaign as production increases at its other operations.
Aminex Raises Tanzania's Ruvuma PSC Gas Resource Estimate to 2.3 Tcf
Friday, September 12, 2014 Aminex reports that newly acquired seismic data has increased the resource estimate of the Ruvuma production sharing contract in south-eastern Tanzania to 2.3 trillion cubic feet.
China Rongsheng Completes Acquisition of Stakes in Kyrgyzstan's Oil Fields
Friday, September 12, 2014 China Rongsheng Heavy Industries completes acquisition of Central Point Worldwide, which holds stakes in four oil fields in Kyrgyzstan.

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Production

Russia's SeverEnergia Launches New Gas Production Stage
Monday, September 15, 2014 Russia's SeverEnergia expands natural gas production at its Arctic field to help it meet output targets.
Thai PTTEP To Spend $1B for Mozambique Project In Next 5-6 Years
Monday, September 15, 2014 Thailand's PTTEP plans to spend up to $1 billion for a Mozambique project over the next five to six years starting from 2015.
Indonesia Expects Output from Exxon Mobil's Cepu Block to Peak in July/Aug
Monday, September 15, 2014 Indonesia expects crude output from ExxonMobil's Cepu oil block to peak in July or August next year, an official from the country's oil and gas regulator says.
One Millionth Barrel Delivered from Arctic Field Offshore Russia
Monday, September 15, 2014 Russia's Gazprom Neft delivers the one millionth barrel from its Prirazlomnoye field in the Arctic.
ExxonMobil Starts Up $2.5B Tapis EOR Project Offshore Malaysia
Monday, September 15, 2014 ExxonMobil starts up the $2.5 billion Tapis enhanced oil recovery project offshore Terengganu, Malaysia.
Pemex To Spend $5.5B On Mexico Plant Upgrades, Pipeline
Thursday, September 11, 2014 Pemex says it will invest nearly $5.5 billion in expanding the country's largest natural gas pipeline.

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Finance and Investing

Energy & Exploration Partners Files For IPO Again
Friday, September 12, 2014 Energy & Exploration Partners Inc files with US regulators for an initial public offering of common stock.
Sea Trucks Secures $130M Facility to Finance Completion of Jascon 18 MCSV
Thursday, September 11, 2014 Sea Trucks secures a $130 million facility to finance completion of the Jascon 18 multipurpose construction support vessel, which is being outfitted in a shipyard in Singapore.
UAE's Dana Gas Gets $100M Financing For Gas Field Development
Tuesday, September 09, 2014 Dana Gas secures $100 million of financing to develop an offshore gas field in the north of the country, with the first gas production expected early next year.
Athabasca Raises Capital Budget, Says CEO To Retire
Monday, September 08, 2014 Athabasca Oil increases its capital budget for the year and said its chief executive of seven years would retire Sept. 30.
Sino G&E Secures $50M Debt Facility for its Ordos Basin Gas Projects
Monday, September 01, 2014 Sino Gas & Energy secures $50 million debt facility from Macquarie Bank to fund its Ordos Basin gas projects in China's Shanxi province.
Sources: Sinopec Planning $1.5B Hong Kong IPO of Oilfield Services Unit
Friday, August 22, 2014 Sinopec is planning a $1.5 billion Hong Kong initial public offering for its oilfield services unit in the first half of 2015, people familiar with the matter said.

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Company Operations

Aker Wins Subsea Services Deal from Petrobras
Monday, September 15, 2014 Aker Oilfield Services wins a $465 million deal from Petrobras for the use of its Aker Wayfarer vessel offshore Brazil.
Harkand Appoints New Head of Engineering Services
Monday, September 15, 2014 Oilfield engineer Harkand names Alan White as its new head of engineering services for Europe.
Spain's Tecnicas Reunidas Wins $500M Order from Pemex
Monday, September 15, 2014 Spanish oil engineer Tecnicas Reunidas wins a $500-million deal from Mexico's Pemex for a refinery project.
Dolphin Wins Indian Ocean 3D Seismic Contract
Monday, September 15, 2014 Seismic survey firm Dolphin Group wins a new 3D seismic contract in the Indian Ocean.
Drillsearch Gains Control of 89.1% Shares in Ambassador Oil & Gas
Monday, September 15, 2014 Drillsearch gains control of 89.1 percent of Ambassador Oil & Gas shares and moves closer to compulsory acquisition of the latter's remaining shares.
Swire Names First G Class PSV Pacific Garnet at JMUC's Yokohama Yard
Monday, September 15, 2014 Swire Pacific names its first G Class platform supply vessel Pacific Garnet at Japan Marine United Corporation's Yokohama shipyard.
AOD Exercises Option for China's CSSC to Build a Zentech R-550D Jackup
Monday, September 15, 2014 TSC's subsidiary Alliance Offshore Drilling exercises option for the construction of a second Zentech R-550D jackup by China's CSSC Huangpu Wenchong Shipbuilding Company.
Keppel's Unit KSI Completes Acquisition of 10% Stake in Golar Hilli
Monday, September 15, 2014 Keppel Corporation's indirect subsidiary KSI Production completes acquisition of a 10 percent stake in Golar Hilli.

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