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Friday, March 27, 2015 - Industry veterans and experts offer tips and advice for offshore workers who are considering transitioning from working on a rig to working in an office.
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Industry Headlines

Total Evacuated Expatriate Staff from Yemen Sites
Monday, March 30, 2015 Total says it had evacuated all expatriate staff from Saana and Kharir in Yemen, although the sites have not been hit by an overnight military raid by Saudi-led forces against Houthi forces.
Russell: Who Took My Gas? Australia's LNG Boom Hurts Locals
Monday, March 30, 2015 It's somewhat ironic that as Australia ramps up to being the world's biggest exporter of liquefied natural gas, domestic industries are under threat from not being able to source the fuel.
Congress Takes On Energy Issues
Friday, March 27, 2015 Federal energy policy in the US took a turn to the right last week as the House passed a budget bill, the EPA and the Department of Interior got sued, and the Senate went on a marathon voting session.
Baker Hughes: US Oil Rig Decline Smallest Since December
Friday, March 27, 2015 The number of rigs drilling for oil in the US declined by 12 this week to 813, the smallest decline since December, according to Baker Hughes.
Brazil Govt Names Vale CEO Ferreira To Head Petrobras Board
Friday, March 27, 2015 Brazil's government selects Murilo Ferreira, the chief executive officer of miner Vale, to head the board of state-run Petroleo Brasileiro.
Advanced Drillships Become Burden For Owners As Business Dries Up
Friday, March 27, 2015 Drillship operators face a more brutal hit to margins than they did in 2008 because of the huge cost of maintaining the more than $10B worth of state-of-the-art vessels, analysts say.

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Exploration

Rampart to Acquire Neon Energy's 80% Interest in Permit WA-503-P Off WA
Monday, March 30, 2015 Rampart Energy to acquire Neon Energy's 80 percent interest in exploration permit WA-503-P offshore Western Australia.
Beach Ups Contingent Resources of Nappamerri Trough Project, Chevron Quits
Monday, March 30, 2015 Beach Energy raises natural gas contingent resources at Nappamerri Trough project in Queensland, Australia as Chevron withdraws from the project.
New Zealand Offers More Offshore Areas for Bidding in Block Offer 2015
Monday, March 30, 2015 New Zealand offers more offshore exploration areas for bidding in Block Offer 2015.
Statoil Discovers More Gas Offshore Tanzania
Monday, March 30, 2015 Statoil makes another natural gas discovery in Block 2 offshore Tanzania, boosting gas volumes by 1 to 1.8 trillion cubic feet of gas, the company says.
New Zealand Opens Block Offer 2015 for Exploration Permits
Monday, March 30, 2015 New Zealand?s Ministry of Business, Innovation and Employment invites bids for exploration permits in the country in Block Offer 2015.
Minister: Russia May Allow More Firms To Offshore Oil
Friday, March 27, 2015 Russia may allow more oil companies to access its offshore projects, Energy Minister Alexander Novak says.

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Production

Total's Divestments in 3 Onshore Blocks in Nigeria Reaches $1B
Monday, March 30, 2015 Total's recent divestment of stakes in three onshore blocks in Nigeria reaches $1 billion.
Rosneft's Vankor Oil Output May Start Declining Next Year
Monday, March 30, 2015 Oil output at Rosneft's Vankor deposit, a driver of Russia's recent oil production growth, may start declining next year, a top company official says.
Drilling Commences at Perlubie-3 Appraisal Well in PPL 247 in Cooper Basin
Monday, March 30, 2015 Drilling commences at Perlubie-3 appraisal well in permit PPL 247 in the Cooper Basin, South Australia.
ExxonMobil Turns On Taps at Hadrian South in GOM
Monday, March 30, 2015 ExxonMobil begins production in the deepwater Gulf of Mexico at Hadrian South with facilities tied back to the nearby Lucius project, reducing additional infrastructure requirements.
Loyz Inks MOUs with Sun Petrochemicals for Upstream Projects in India
Monday, March 30, 2015 Loyz Energy inks two memorandum of understanding with Sun Petrochemicals' unit Sun Oil & Natural Gas on upstream projects in India.
Energy Minister: Indonesia's Pertamina To Operate Mahakam Block From 2018
Friday, March 27, 2015 Indonesia's Pertamina will operate the Mahakam natural gas block offshore East Kalimantan, according to the country's energy minister.
CNOOC to Boost Output 18% Over 3 Years; Vows Cost Cuts
Friday, March 27, 2015 CNOOC aims to boost output by 18% over the next three years, after reporting stronger-than-expected 2014 profit on cost cuts and higher production.

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Finance and Investing

US Shale Oil Firms Raise Enough Equity To Avoid Loan Reset Squeeze
Tuesday, March 24, 2015 A surge in equity issuance so far this year by oil and gas companies has surprised many who in December thought the price drop would hurt the ability of producers to tap capital markets.
Tullow Gets $450M Lending Boost from Creditors, Shares Climb
Friday, March 20, 2015 Africa-focused oil producer Tullow Oil raises an additional $450 million of capital from existing lenders, boosting its financial strength despite weak oil prices and sending shares higher.
EnQuest Says To Increase North Sea Investments After Tax Cuts
Thursday, March 19, 2015 EnQuest says it will be able to invest more money in some of its North Sea oil fields after Britain announced cuts to oil and gas taxes.
Ophir Returns to Profit and Cuts Spending
Thursday, March 19, 2015 Oil explorer Ophir Energy, which completed the acquisition of rival Salamander Energy this month, returned to profit last year and says it would cut spending by $250 million over two years to deal with low oil prices.
Sources: Saudi Aramco Nears $10B Loan Deal At Tight Pricing
Thursday, March 12, 2015 Saudi Aramco, the kingdom's state oil giant, is close to completing a $10B tightly-priced loan, according to banking sources.
Dragon Oil Approached By Largest Shareholder
Tuesday, March 17, 2015 Dragon Oil Plc says it had been approached by Dubai's Emirates National Oil Co Ltd LLC (ENOC), its largest shareholder, about a possible offer for its shares ENOC did not already own.

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Company Operations

Saipem Says Needs More Money to Finish Poland's LNG Terminal
Monday, March 30, 2015 Saipem will complete the delayed construction of Poland's liquefied natural gas terminal this summer, but only if it receives further payment, Polish daily Rzeczpospolita says, quoting Saipem's spokeswoman.
SembCorp Marine Updates on Brazil's Probe into Bribes for Rig Contracts
Monday, March 30, 2015 Sembcorp Marine updates on Brazil's probe into allegations of illegal payments by Petrobras and Sete Brazil regarding the award of drill rig construction contracts.
Eurasia Drilling Extends Deadline For Schlumberger Deal
Monday, March 30, 2015 Eurasia Drilling says it agreed to extend a deadline on a proposed deal to sell a stake to Schlumberger from March 31 to April 30.
Aker Appoints New Business Heads
Friday, March 27, 2015 Aker Solutions appoints Tore Sjursen as its new VP for operation improvement and risk management and Knut Sandvik as the new head of its MMO business.
Chevron Seeks to Exit Caltex Australia with $3.6B Stake Sale
Friday, March 27, 2015 Chevron seeks to sell its entire stake in Caltex Australia for $3.6 billion.
Wintershall's Seele To Head Austria's OMV From July
Friday, March 27, 2015 OMV selects Rainer Seele, head of BASF's oil and gas subsidiary Wintershall since 2009, as its new chief executive.

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