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Monday, March 30, 2015 - New Zealand offers more offshore exploration areas for bidding in Block Offer 2015.
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Industry Headlines

Indonesia to Fill Top Posts in Ministry of Energy & Mineral Resources Soon
Tuesday, March 31, 2015 Indonesia's Ministry of Energy and Mineral Resources shortlists 15 candidates for President Joko Widido to select for its top five posts, including director general of oil and gas.
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.
In Texas Oil Town, Early Signs Of Economic Strain As Drilling Slows
Monday, March 30, 2015 Sales tax receipts in the thriving oil town of Midland, Texas, fell this month, only the second decline in five years.
Proposed Arctic Drilling Regulations Aim to Protect with Costly Price Tags
Monday, March 30, 2015 A list of regulations proposed by the US Department of the Interior for Arctic drilling could make exploration financially out of reach
Oil Down As Iran Races For Tuesday Deadline On Nuclear Deal
Monday, March 30, 2015 Oil settles down for a second straight session as Iran and six world powers try to negotiate a deal on Tehran's nuclear program that could end Western sanctions.
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.
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

Eni, PetroVietnam Ink PSCs for Myanmar's Offshore Blocks MD-2, MD-4
Tuesday, March 31, 2015 Eni and partner PetroVietnam ink two production sharing contracts for Blocks MD-2 and MD-4 offshore Myanmar.
Key Receives Environmental Plan Approval for Dunnart-2 Test Program in WA
Tuesday, March 31, 2015 Key Petroleum receives approval of its environmental plan for the Dunnart-2 testing program in EP437 in Perth Basin, Western Australia.
VAALCO Encounters Disappointment at Kindele-1 Exploration Well Off Angola
Tuesday, March 31, 2015 VAALCO plugs and abandons the Kindeke-1 exploration well in Block 5, offshore Angola after encountering disappointing drilling results.
KrisEnergy Finds Thailand's Rossukon-2ST Well Drilling Results Encouraging
Tuesday, March 31, 2015 KrisEnergy says the Rossukon-2ST well in Gulf of Thailand's G6/48 license encountered the highest net pay of three discovery wells drilled so far in the Rossukon area.
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

Maersk Oil Commences Production from New Platform in Danish North Sea
Tuesday, March 31, 2015 Maersk Oil commences production from the new unmanned platform Tyra Southeast-B in the Danish North Sea.
Scana to Supply Mooring Equipment for FPSO in Ghana's OCTP Project
Tuesday, March 31, 2015 Scana Offshore Vestby lands contract to supply mooring equipment to Yinson Production for the floating production, storage and offloading facility for Ghana's Offshore Cape Three Points project.
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.

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Finance and Investing

Total Seeks Arbitration Over Uganda Tax Dispute
Tuesday, March 31, 2015 Total is seeking international arbitration over a tax disagreement with Uganda which could further delay crude oil production in the east African country.
Delek Moves to 4Q Loss on One-Off Items, Delays London Listing
Tuesday, March 31, 2015 Israeli energy company Delek Group reports a net loss in the fourth quarter, weighed down by one-time capital losses and writedowns from the divestment of assets.
Peru's State Oil Company Says Scraps Plan For 2015 Share Offer
Monday, March 30, 2015 Petroperu will not go through with a previously announced plan to sell shares on the local stock market this year, the firm's president German Velasquez says.
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

Govt: Conoco to Push on With Investment in Indonesia Oil, Gas
Tuesday, March 31, 2015 ConocoPhillips plans to invest around $2.5 billion in Indonesia's upstream oil and gas industry over the next three or four years, the nation's energy minister says.
Jurong Shipyard Pens LOI with Heerema for New Semisub Crane Vessel
Tuesday, March 31, 2015 Jurong Shipyard pens letter of intent for the engineering and construction of a new semisub crane vessel for Heerema Offshore Services.
Keppel FELS Delivers Newbuild Jackup Kukulkan to Pemex
Tuesday, March 31, 2015 Keppel FELS delivers newbuild jackup Kukulkan to Petroleos Mexicanos.
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.
Memo: New BG Boss Hires M&A Specialist From Statoil Weeks After Taking Helm
Monday, March 30, 2015 BG Group's new boss Helge Lund has poached two officials from his former company Statoil for key management positions.
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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