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Wednesday, October 01, 2014 - An economist provides data on job and economic growth from the Barnett Shale in North Texas.
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Industry Headlines

Oil Ministry: Egypt Pays $1.5B to Foreign Energy Companies
Thursday, October 02, 2014 Egypt pays $1.5 billion of its debt to foreign energy companies, the oil ministry says.
Republicans Craft 2015 Plan To Force Obama's Hand On Keystone
Wednesday, October 01, 2014 Republicans plan to put approval of the Keystone XL pipeline on a fast track if they win a US Senate majority in November, forcing President Obama to make a tough call on the controversial plan.
US Grants First Medal On Energy To Oil Historian Yergin
Wednesday, October 01, 2014 As the US drilling boom helps drive global crude prices to two-year lows, the Obama administration has awarded the country's first medal for energy security to Daniel Yergin.
Oil Exploration Makes A Tentative Return To Alsace Region
Wednesday, October 01, 2014 Sustainably high oil prices have lured small oil explorers back to Alsace, the cradle of the French oil exploration industry that gave birth to corporate giants such as Schlumberger.
Perryman: Barnett Shale Production Adding Jobs, Fueling Texas Growth
Wednesday, October 01, 2014 An economist provides data on job and economic growth from the Barnett Shale in North Texas.
Maze Of Federal Oversight Impedes North Dakota's Anti-Flaring Push
Wednesday, October 01, 2014 North Dakota's oil producers will struggle to comply with aggressive rules taking effect designed to curb the wasteful burning of natural gas, hindered by lengthy federal reviews of crucial pipelines.
Oil Falls As Bearish Trend Continues, Saudi Lowers Prices
Wednesday, October 01, 2014 Oil prices fall toward $94 a barrel, continuing a three-month losing stretch as weak economic signals from China and Europe and ample global supply continue to weigh.

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Ophir Makes Gas Discovery at Kamba-1 Well in Tanzania's Offshore Block 4
Thursday, October 02, 2014 Ophir Energy finds gas at the Kamba-1 well in Block 4 offshore Tanzania.
Transerv Energy Receives Nod to Drill at Warro Gas Field in Perth Basin
Thursday, October 02, 2014 Transerv Eneergy receives nod to proceed with drilling at Warro gas field in the Perth Basin, Western Australia.
InterOil Updates on Drilling Program in PPLs 475, 476 in Papua New Guinea
Thursday, October 02, 2014 InterOil provides an update on its current drilling program in permits PPL 475 and PPL 476 in Papua New Guinea.
Key in Talks for More Exploration, Development Work in EP437 in Perth Basin
Thursday, October 02, 2014 Key Petroleum is in discussions for further exploration and development activities in permit EP437 in Perth Basin, Western Australia.
Swala Concludes 2D Seismic Acquisition in Tanzania's Pangani License
Thursday, October 02, 2014 Swala Energy concludes 2D seismic acquisition program over the Moshi Basin in the Pangani license in northern Tanzania.
Dragon Oil, Enel Secure 2 Exploration Blocks in Algeria
Wednesday, October 01, 2014 Dragon Oil and Enel secure two exploration blocks - the Tinrhert Nord Perimeter and Msari Akabli Perimeter - in Algeria.
Apache Decides Not to Farm-in to AC/P50, AC/P51 Permits in Australia
Wednesday, October 01, 2014 Apache Northwest decides not to exercise option to farm-in to AC/P50 and AC/P51 exploration permits in the Vulcan Sub-Basin offshore northern Australia.
Greece Expects To Sign Major Oil Test Drilling Contracts By October 2015
Wednesday, October 01, 2014 Greece expects to sign contracts for the first large-scale oil test drilling in its western and southern waters by October 2015, ministry officials say.
Noble 'Excited' Over Falklands Drilling Despite Scotia
Wednesday, October 01, 2014 Despite its declaration of the Scotia well to be non-commercial, Noble Energy is excited about its upcoming exploration plans offshore the Falkland Islands.
Edgo Energy Signs PSA for Qarordon, Surkhsimo Blocks in Tajikistan
Wednesday, October 01, 2014 Edgo Energy signs production sharing agreements for Qarordon and Surkhsimo blocks in Tajikistan.
BSO Completes Sale of Otway Basin Permits PEP 167, 175, Re-engages CEO
Tuesday, September 30, 2014 Bass Strait Oil completes sale of Otway Basin permits PEP 167 and PEP 175, while re-engaging Steven Noske as CEO.

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Foreign-Owned Projects Boost Russian Oil Output in Sept
Thursday, October 02, 2014 Foreign-led projects lifted Russian oil output last month to within reach of a post-Soviet record, showing the potential in the country's existing fields, which are largely unaffected by Western sanctions over Ukraine.
KrisEnergy Formally Takes Over as Operator of Cambodia's Offshore Block A
Thursday, October 02, 2014 KrisEnergy receives official approval to take over as operator of offshore Block A in Cambodia and plans to submit a revised development plan soon.
BP Oman Awards $730M Drilling Contracts for Oman's Khazzan Project
Thursday, October 02, 2014 BP Oman awards two long term drilling contracts, valued at over $730 million, for the Khazzan project in Block 61 in Oman.
Gulf Keystone Says Has Returned All Staff to Iraqi Kurdistan
Wednesday, October 01, 2014 Gulf Keystone Petroleum has returned all staff to its operations in Iraqi Kurdistan after evacuating international contractors from the region amid escalating violence in August.
Stalled Kashagan Hampers Kazakhstan's Oil Output Growth
Wednesday, October 01, 2014 Kazakhstan expects its oil production to stay around 2013 levels until 2016, when it hopes to restart the giant Kashagan oilfield halted by an industrial accident, a senior Kazakh official says.
Petronas Carigali Activates Topside Maintenance Contract Off Sabah Earlier
Wednesday, October 01, 2014 Petronas Carigali activates a topside maintenance services contract with Petra Resources for its Sabah operations offshore Malaysia eight months earlier than planned.
US FERC Approves Dominion's Cove Point LNG Export Facility
Tuesday, September 30, 2014 US federal regulators approve construction of Dominion Resources' liquefied natural gas export project in Cove Point, Maryland.
Maintenance At Shell North Sea Oil Rig To Resume After Accident
Tuesday, September 30, 2014 Maintenance at the Brent Alpha platform in the North Sea will resume after the completion of an operation to move a container that fell into the sea on Sunday evening, Shell says.
Israel's Leviathan Gas Field Group Submits $6.5B Development Plan
Tuesday, September 30, 2014 The partners in Leviathan, Israel's largest natural gas field, submit their initial development plan to Israeli authorities.

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Finance and Investing

SBI Raises $13M in Share Placement to Investors, Including Mirzan Mahathir
Wednesday, September 24, 2014 SBI Offshore raises $13 million through placing new shares with four investors, including Malaysian businessman Mirzan Mahathir.
Pakistan Seeks $815M In OGDC Share Sale, Biggest In 8 Yrs
Tuesday, September 23, 2014 Pakistan's government is seeking to raise about $815 million with the sale of shares in OGDC, the largest offering from a local company in almost eight years.
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.

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Company Operations

Swissco Completes Acquisition of 4 Mobile Offshore Production Units
Thursday, October 02, 2014 Swissco completes acquisition of four mobile offshore drilling units.
University of Pittsburgh Offers Safety Engineering Certificate Program
Wednesday, October 01, 2014 Safety engineering is the focus of a new certificate program offered at the University of Pittsburgh for graduate students.
Swire Takes Delivery of Pacific Legend PSV from JMUC in Japan
Wednesday, October 01, 2014 Swire Pacific Offshore takes delivery of the Pacific Legend platform supply vessel from Japan Marine United Corporation's Maizuru shipyard in Kyoto, Japan.
Vallianz Acquires Offshore Manpower Services Firm OER for $27.7M
Wednesday, October 01, 2014 Vallianz Holdings acquires Singapore-based OER Holdings, an offshore industry manpower services provider, for $27.7 million.
Linc Energy Names Craig Ricato as CEO to Succeed Peter Bond
Wednesday, October 01, 2014 Linc Energy names Craig Ricato as CEO to succeed Peter Bond who will become the company's executive chairman.
Lion Energy Updates on FY 2014, Including its Upstream Assets in Indonesia
Wednesday, October 01, 2014 Lion Energy provides update on 2014 financial year, including developments at its upstream assets in Indonesia.
Ceri Powell: 21st Most Powerful Woman in Business on Fortune's Global List
Tuesday, September 30, 2014 Shell's Ceri Powell has been featured on Fortune Magazine's Most Powerful Women list, rising eight places to number 21 on the 2014 list.

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