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Friday, September 19, 2014 - Scottish oil services tycoon Sir Ian Wood and Shell CEO Ben van Beurden welcome Scotland's vote against independence.
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Industry Headlines

Billionaire Fredriksen's Partner Quits Rig Firm Seadrill, Shares Fall
Friday, September 19, 2014 Tor Olav Troeim, who until recently was referred to as the right-hand man of big Seadrill shareholder John Fredriksen, will not seek reelection to the board of Seadrill.
Key Oil, Gas Figures Welcome Scotland's 'No' Vote
Friday, September 19, 2014 Scottish oil services tycoon Sir Ian Wood and Shell CEO Ben van Beurden welcome Scotland's vote against independence.
Oil Companies Eye Crude Price Drop But Keep Drilling
Friday, September 19, 2014 A 13% slide in crude oil prices since June has eroded some of the allure of drilling US shale resources and raised investor concerns, but companies push ahead.
Significant Water Recycling Achieved in Eagle Ford
Friday, September 19, 2014 A partnership between Dow and Omni Water Solutions allows for the treatment of over 700,000 barrels of per day of water at an oil and gas project in South Texas' Eagle Ford play.
US Crude Falls On Worries About Glut, Brent Gains
Friday, September 19, 2014 US crude oil and Brent trade in opposite directions as a sell-off ahead of Monday's expiration.
Australia Appoints Stuart Smith as New CEO of NOPSEMA
Thursday, September 18, 2014 The Australian government appoints Stuart Smith as CEO of the National Offshore Petroleum Safety and Environmental Management Authority to succeed Jane Cutler.
Oil Falls On Supply Glut And Strong Dollar
Thursday, September 18, 2014 Crude oil falls, pressured by ample supply, concerns about demand growth and a stronger US dollar.

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Exploration

Pingvin Well Finds Gas in Barents Sea
Friday, September 19, 2014 North Energy reports that the Pingvin exploration well on Norwegian production license 713 in the Barents Sea has found gas in a sandstone reservoir.
Egypt Awards Oil and Gas Exploration Blocks
Friday, September 19, 2014 Egypt signs oil and gas exploration deals worth $187 million with several Western companies and a Tunisian firm, the petroleum ministry says.
Searcher Seismic Commences Mialara 2D Seismic Survey in East Palawan
Friday, September 19, 2014 Searcher Seismic commences Mialara 2D seismic survey in East Palawan, offshore the Philippines.
Stena Clyde to Drill Pryderi-1 Well in Permit WA-424-P Off WA in October
Friday, September 19, 2014 Stena Clyde semisub is likely to drill the Pryderi-1 well in permit WA-424-P offshore Western Australia in the second half of October.
Facing US Sanctions, Exxon Winds Down Drilling In Russian Arctic
Friday, September 19, 2014 ExxonMobil says it will wind down drilling in Russia's Arctic in the face of US sanctions targeting Western cooperation with Moscow's oil sector.
ExxonMobil Extends Permian Position
Thursday, September 18, 2014 ExxonMobil enters a non-monetary exchange agreement with LINN Energy to add 17,800 net acres in the Permian Basin.

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Production

Lukoil CEO Says Russian Output Will Not fall in 2015
Friday, September 19, 2014 Russia's Lukoil will not cut domestic oil output next year but will invest less money in projects, says its CEO.
Pertamina to Deploy New Rig to Drill at Algeria's Block 405A in January
Friday, September 19, 2014 Pertamina to take delivery of a $26 million rig in October, with the newbuild set to commence operations at Algeria's Block 405A in January.
Petrobras Says to Sign Libra Production Ship Contract This Month
Friday, September 19, 2014 Petrobras will sign a contract to build and lease a floating production ship for its giant Libra offshore project this month, company Chief Executive Maria das Gracas Foster says.
Development Drilling at PNG LNG Project's Hides Gas Field Nears Completion
Friday, September 19, 2014 ExxonMobil says development drilling at Hides gas field in the Papua New Guinea liquefied natural gas project nears completion.
Libya's Zawiya Refinery, El Sharara Oilfield Shut
Thursday, September 18, 2014 Libya's Zawiya refinery and El Sharara oilfield are both shut after damage from fighting between armed factions.
AWE Optimistic About Gas Reserves at Senecio, Waitsia Fields in Perth Basin
Thursday, September 18, 2014 AWE estimates that the Senecio and Waitsia fields in permits L1/L2 in north Perth Basin, Western Australia hold 2C contingent resources of 360 billion cubic feet.

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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

Wild Well Control Locates New Subsea Capping Stack to Singapore
Friday, September 19, 2014 Wild Well Control locates new subsea capping stack to Singapore to respond to global deepwater well control incident.
Newbuild Bhagwan Dryden DSV to Commence 5 Year Deal in Australia Soon
Friday, September 19, 2014 Neptune Marine Services reports that newbuild Bhagwan Dryden dive support vessel will commence a five year contract in Australia next month.
GE Oil & Gas Wins Subsea Manifold Deal with Petrobras
Thursday, September 18, 2014 GE Oil & Gas wins a $300 million-plus contract with Petrobras to supply subsea manifold systems for pre-salt fields located offshore Brazil.
Marine Contracting Bags Bridge Contract for Cantarell Field in GOM
Thursday, September 18, 2014 Singapore-based Marine Contracting bags an engineering, procurement, construction and installation contract for the Cantarell field in the Gulf of Mexico.
Range Resources To Pay $4M Drilling Waste Fine
Thursday, September 18, 2014 Range Resources has agrees to pay a $4.15 million fine for problems at a western Pennsylvania site that handled natural gas drilling waste.
Chevron Vows To Use 'Lessons Learned' After Angola LNG Missteps
Thursday, September 18, 2014 Chevron CEO John Watson vows that the company will learn lessons from missteps at its $10 billion Angolan LNG venture.

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