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Tuesday, October 21, 2014 - The chief executive of Total, Christophe de Margerie, was killed when a business jet collided with a snow plow during takeoff at Moscow's Vnukovo International Airport, the company and airport officials say.
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Industry Headlines

Minister: Norway Oil Projects Face Delays over Costs
Tuesday, October 21, 2014 Several Norwegian oil and gas projects with development plans due in 2015 will be delayed because of high costs and technological challenges, says oil minister Tord Lien.
Storms Prompt Mexico's Pemex To Evacuate 15,000 Workers From Gulf
Tuesday, October 21, 2014 Pemex says it is evacuating 15,000 workers from installations in the Gulf of Mexico because of bad weather, adding the evacuation would have only a minimal impact on crude oil output.
Total CEO de Margerie Killed In Moscow As Jet Hits Snow Plough
Tuesday, October 21, 2014 The chief executive of Total, Christophe de Margerie, was killed when a business jet collided with a snow plow during takeoff at Moscow's Vnukovo International Airport, the company and airport officials say.
Kemp: Congressional Study Questions Embargo-Era Oil Policies
Tuesday, October 21, 2014 Lifting restrictions on US crude oil exports could actually lower fuel prices for US motorists and other consumers by contributing to a drop in world oil prices.
NASA Scientist: Arctic Drillers Can Learn from Space Program
Tuesday, October 21, 2014 Speakers discuss ways to overcome the challenges of drilling in the Arctic in order to extract fossil fuels in an extreme environment.
Douglas-Westwood: 'Offshore EPC - All Change'
Monday, October 20, 2014 DW Monday briefly discusses the realignment in Asia's offshore engineering, procurement and construction landscape.

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Exploration

Statoil Finds up to 80M Barrels of Oil near Grane Field
Tuesday, October 21, 2014 Statoil says it has proved new oil resources of up to 80 million barrels of recoverable oil in the Norwegian North Sea near the Grane field.
Lakes Oil Bags 2 Offshore Exploration Permits in Gippsland Basin
Tuesday, October 21, 2014 Lakes Oil bags two new exploration permits in the offshore Gippsland Basin, Victoria, Australia.
Stena Clyde to Drill Pryderi-1 Well in WA-424-P in Late Oct/Early November
Tuesday, October 21, 2014 The Stena Clyde semisub will mobilize to drill the Pryderi-1 well in permit WA-424-P offshore Western Australia in late October or early November.
Cue Energy to Raise Stake in Kutei Basin's Mahakam Hilir PSC to 100%
Tuesday, October 21, 2014 Cue Energy to take full ownership of the Mahakam Hilir production sharing contract in Kutei Basin, Kalimantan, Indonesia by acquiring the remaining 60 percent stake from SPC Mahakam Hilir.
Hunt Energy to Provide Drilling Services in PEL444 in Cooper/Eromanga Basin
Tuesday, October 21, 2014 Holloman Energy reports that an agreement has been inked with Hunt Energy for drilling up to six wells in PEL444 in the Cooper/Eromanga Basin in South Australia.
Cooper Basin JV to Undertake Seismic in 3 SA's Petroleum Retention Licenses
Monday, October 20, 2014 The Cooper Basin Joint Venture,comprising Senex Energy and Tellus Resources, intends to undertake 3D seismic work at three petroleum retention licenses in South Australia.

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Production

Russia's Gazprom Increases 2014 Investments to 1 Trillion Roubles
Tuesday, October 21, 2014 Russia's Gazprom increases its investment program for this year to $25 billion.
Addax Extends Charter of Yinson's FPSO Knock Adoon for $39M
Tuesday, October 21, 2014 Addax extends contract with Yinson Holdings to charter FPSO Knock Adoon for work at the Antan field offshore Nigeria.
Jurong Shipyard Bags MODEC's FPSO Contract for Ghana's TEN Development
Monday, October 20, 2014 Jurong Shipyard bags a contract from MODEC for a floating production, storage and offloading conversion project for the Tullow Oil-operated TEN development project offshore Ghana.
LDD Wraps Up Foundation Installation Gig Offshore Gabon
Monday, October 20, 2014 LDD, an Acteon company, finishes a specialist foundation installation for the Etame Marin block field expansion project, offshore Gabon, West Africa.
Eni, Kogas to Cooperate, Deal to Help Develop Mozambique Area 4 LNG Project
Monday, October 20, 2014 Eni and Kogas ink cooperation agreement, with deal expected to facilitate development of Mozambique's Area 4 liquefied natural gas project.
Mirach Gets Sumatra's Kampung Minyak Field KM13-A Well Petrophysics Report
Monday, October 20, 2014 Mirach Energy's unit receives a petrophysics report from PT Elnusa on KM13-A well in the Kampung Minyak oil field, South Sumatra, Indonesia.

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Finance and Investing

Rosneft Says Projects Economically Viable Even If Oil Price Slips Further
Friday, October 17, 2014 Rosneft says the recent fall in oil prices is not critical for the company and it sees "no reason for concern".
Santos' 3Q 2014 Sales Revenue Up 4% to $929M, Boosted by PNG LNG
Friday, October 17, 2014 Santos' sales revenue rises 4 percent in the third quarter of 2014 to $929 million, with the gains attributed to contribution from the Papua New Guinea liquefied natural gas project.
Woodside Posts 46.4% Increase in Sales Revenue to $1.95B for 3Q 2014
Thursday, October 16, 2014 Woodside posts 46.4% increase in sales revenue to $1.95 billion for the third quarter of this year.
Africa Oilfield Logistics to List on Nairobi Stock Exchange
Monday, October 13, 2014 Africa Oilfield Logistics plans to list its shares on Kenya's Nairobi Securities Exchange.
UAE's RAK Petroleum Plans To List In Oslo
Monday, October 06, 2014 RAK Petroleum says it aims to list on the Oslo exchange and raise $25 million in an initial public share offering (IPO).
Conoco Files For ICC Arbitration Against Venezuela's PDVSA
Friday, October 10, 2014 ConocoPhillips files for arbitration at the International Chamber of Commerce against PDVSA for compensation related to the termination of its partnership contract after the nationalization of oil projects.

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Company Operations

Lamprell Completes 2nd Caspian Sea Rig
Tuesday, October 21, 2014 Rig builder Lamprell completes the 'Mercury' rig for a client that will use the vessel in the Caspian Sea.
CEO: Oman Oil in Talks with Oxy to Buy Stake in Local Assets
Tuesday, October 21, 2014 Oman Oil Company is in talks with Occidental Petroleum Corporation about buying a minority stake in its assets, according to the Omani firm's CEO.
McDermott Lands T&I Contract for Bukit Tua Project Offshore East Java
Tuesday, October 21, 2014 McDermott lands a transportation, installation and pre-commissioning contract from a Petronas unit for the offshore Bukit Tua project in Ketapang block, East Java, Indonesia.
Shell Strikes Sales Deals For Nigerian Assets
Tuesday, October 21, 2014 Shell signs sales agreements for all the Nigerian oil assets it put up for sale following a 2013 review of its business in the West African country, a spokesman says.
FAR Raises Funds for Senegal Drilling Program
Monday, October 20, 2014 FAR secures funds to advance a drilling program offshore Senegal in West Africa after raising $41 million through a share placement.
Xcite Signs Services Deal with Baker Hughes for Bentley Field
Monday, October 20, 2014 Xcite agrees a memorandum of understanding with Baker Hughes for the provision of oilfield services for the Bentley field in the UK North Sea.

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