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Tuesday, September 02, 2014 - Oil and gas companies are starting to lay the groundwork for the Internet of Things, industry officials tell Rigzone.
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Industry Headlines

Tropical Storm Dolly Hits Mexico's Northeast Coast
Wednesday, September 03, 2014 Tropical storm Dolly lashed Mexico's northeast coast, the U.S. National Hurricane Center (NHC) says, bringing torrential rain and life threatening flash floods.
China Oil Giants to Open Spending Taps as Graft Probe May Have Peaked
Wednesday, September 03, 2014 Flagship Chinese oil producers are preparing to ramp up multi-billion dollar capital spending plans squeezed amid a Beijing probe into industry graft, offering a lift for oil services firms that suffered from belt-tightening in the first half.
Halliburton To Settle US Gulf Spill Claims For $1.1B
Tuesday, September 02, 2014 Halliburton says it reached a $1.1 billion settlement for a majority of claims against the company for its role in the BP oil spill in the Gulf of Mexico in 2010.
Dominion Resources, US Partners Sign $5B Pipeline Deal
Tuesday, September 02, 2014 Dominion Resources enters a joint venture with three other US energy companies for a $4.5-$5 billion pipeline that will ship natural gas to North Carolina and Virginia.
Two Ex-US Senators To Lobby For Sanctioned Russian Bank
Tuesday, September 02, 2014 Gazprombank has hired two former US senators to lobby on its behalf in Washington, according to a disclosure form.
Argentina's YPF Reports Fire At Well, Says Energy Output Not Hurt
Tuesday, September 02, 2014 YPF says a fire occurred at a Vaca Muerta well but there were no injuries and production was not affected.
Tropical Storms Bear Down On Mexico From Both Coasts
Tuesday, September 02, 2014 Severe weather has already forced the closure of two of the major crude oil export terminals used by Pemex.
Oil, Gas Companies Laying Groundwork for the Internet of Things
Tuesday, September 02, 2014 Oil and gas companies are starting to lay the groundwork for the Internet of Things, industry officials tell Rigzone.
Three Mission-Critical Applications of Big Data in Oil, Gas
Tuesday, September 02, 2014 Leaders in the oil and gas industry are already implementing Big Data solutions into their everyday operations and reaping the rewards of this long-term investment.
Brent Oil Sinks To 16-Month Low On Demand Fears, Strong Dollar
Tuesday, September 02, 2014 Brent crude oil futures fall to the lowest level in 16 months, pressured by the prospect of slowing oil demand growth in China and Europe.

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Exploration

Holloman Commences Interpretation of Cooper Basin's PEL 444 Seismic Data
Wednesday, September 03, 2014 Holloman Energy commences interpretation of 3D seismic data gathered from the survey over permit PEL 444 in South Australia's Cooper Basin.
Rex International Holding Acquires Ownership of Rex's Technologies
Wednesday, September 03, 2014 Rex International Holding acquires 100 percent shares in Rex Technology Management (RTM), with the deal giving the former ownership of Rex's exploration technologies.
Senex to Drill 2 Wells in PEL 514 in South Australia's Cooper Basin
Wednesday, September 03, 2014 Senex Energy to commence a 2-well drilling program in PEL 514 in South Australia's Cooper Basin next week.
Onshore UK Wressle-1 Well Shows 'Encouraging' Results
Tuesday, September 02, 2014 Egdon Resources and Union Jack Oil say they are 'very encouraged' by preliminary results from their Wressle-1 conventional well in northern England.
Greka Drilling Prepares Rigs for Essar's Drilling Program in West Bengal
Tuesday, September 02, 2014 Greka Drilling prepares five rigs for a 100-well drilling program for Essar Oil in Raniganj East Block in Durgapur, West Bengal, India.
Roxi Updates on Drilling at A5 Well in BNG Contract Area in Kazakhstan
Tuesday, September 02, 2014 Roxi Petroleum provides update on drilling at A5 well in the BNG Contract Area in western Kazakhstan.
Santos Acquires 25% Stake in Sabah's Deepwater Block S from Inpex
Monday, September 01, 2014 Inpex agrees to transfer 25 percent interest in deepwater Block S offshore Sabah, Malaysia to Santos.
Ensign's Rig 916 Prepares to Drill Tamarama-1 Well in Cooper Basin
Monday, September 01, 2014 Real Energy reports that Ensign's Rig 916 is preparing to drill Tamarama-1 well in ATP927P in Cooper Basin, Queensland, Australia.
SapuraKencana Discovers Gas at Bakong-1 Well in SK408 Offshore Sarawak
Monday, September 01, 2014 SapuraKencana Energy discovers gas at Bakong-1 well in SK408 production sharing contract offshore Sarawak, Malaysia.

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Production

RGU Launches 'Big Data' Center for Oil & Gas Industry
Tuesday, September 02, 2014 Robert Gordon University launches a data technologies center that is aimed at using 'Big Data' analytics to help the oil and gas industry.
Russian Oil Production Rises in August, Sanctions Yet to Bite
Tuesday, September 02, 2014 Russia's oil output increased in August, helped by an increase in condensate production at Gazprom, showing that energy supplies have ben been yet affected by sanctions over Ukraine.
President: Delayed Ghana Gas Project To Start Production End-2014
Tuesday, September 02, 2014 Ghana's delayed project to supply gas from its offshore Jubilee oil field will start production by the end of the year, President John Mahama says.
Gazprom Neft Starts Commercial Production at Badra Field, Iraq
Tuesday, September 02, 2014 Gazprom Neft reports that commercial production and oil exports have begun at its Badra oilfield in Iraq.
Nexen Eyes Restart of North Sea Buzzard Oilfield on Tuesday
Tuesday, September 02, 2014 Nexen is looking to restart the North Sea's Buzzard oilfield later on Tuesday, according to trading sources.
IKM Clinches Contract from Shell for Malikai Project Offshore Sabah
Tuesday, September 02, 2014 IKM Group clinches a contract to provide a riserless top-hole mud circulation system to Shell for the Malikai project offshore Sabah, Malaysia.
Senecio-3 Success Adds Momentum for Gas Field Development in Perth Basin
Tuesday, September 02, 2014 AWE says exploration success at Senecio-3 gas well adds momentum to the near-term development potential of Senecio gas field in the north Perth Basin, Australia.

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Finance and Investing

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.
Santos' Underlying 1H 2014 Net Profit Up 3% YOY to $240M
Friday, August 22, 2014 Santos posts an underlying first half profit of $240.3 million, 3 percent more than last year, with the gains due to an earlier start-up of the PNG LNG project.
Dolphin Sees Possible Start of Dividend after 3Q Report
Wednesday, August 20, 2014 Seismic survey vessel operator Dolphin may soon start paying dividends after an improvement in its earnings.
Gulf's Topaz Energy Gets $75M Investment from Standard Chartered PE
Wednesday, August 20, 2014 Oman's Renaissance Services says its unit Topaz Energy and Marine had secured a $75 million investment from Standard Chartered Private Equity.
Reach Energy Whets Investor Appetite for Malaysian SPACs
Friday, August 15, 2014 Reach Energy, set up by veterans in Malaysia's oil and gas industry, made its market debut in Kuala Lumpur after completing the country's largest-ever initial public offering by a special purpose acquisition company (SPAC.)

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Company Operations

Nakilat-Keppel O&M Completes Keel Laying for GDI's Newbuild Liftboat
Wednesday, September 03, 2014 Nakilat-Keppel Offshore & Marine completes keel-laying for Qatar's first newbuild liftboat at the Erhama Bin Jaber Al Jalahma shipyard in Ras Laffan, Qatar.
Mirach Energy's UNITEQ Inks Cooperation Deal with CNOOC's ENERTECH
Wednesday, September 03, 2014 Mirach Energy's wholly-owned unit UNITEQ inks cooperation agreement with CNOOC's subsidiary ENERTECH.
Singapore's Jurong Rock Caverns Officially Opens for Business
Wednesday, September 03, 2014 Singapore's Jurong Rock Cavern, Southeast Asia first underground commercial storage facility, officially opens for business.
Gazprom Managers May Face Corruption Charges in Switzerland
Tuesday, September 02, 2014 Two Gazprom managers may face corruption charges related to bribes paid in connection with the construction of the Yamal gas pipeline that connects Siberia to Germany.
Polarcus Strengthens Company's Presence in Brazil
Tuesday, September 02, 2014 Polarcus strengthens the seismic services company's presence in Brazil.
Van Oord Orders Subsea Rock Installation Vessel from China's Sinopacific
Tuesday, September 02, 2014 Van Oord orders a new subsea rock installation vessel from China's Sinopacific Shipbuilding, with delivery expected in 2016.
UDS Inks $200M Deal ith China's ZPMC to Build Ultra Deep Multipurpose DSCV
Tuesday, September 02, 2014 Ultra Deep Solutions inks $200 million contract with China's Shanghai Zhenhua Heavy Industries to build an ultra deep multipurpose diving support construction vessel.
SapuraKencana-Linked Firms Bag $124M T&I Contracts in Vietnam, Australia
Tuesday, September 02, 2014 SapuraKencana Petroleum-linked firms TL Offshore and SapuraAcergy bag transportation and installation contracts worth $124 million in Vietnam and Australia.
ERM Power to Sell West Australian Gas Assets to Empire O&G for $15M
Monday, September 01, 2014 ERM Power agrees to dispose of its Western Australian gas assets to Empire Oil & Gas for $15.26 million.

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