January 02, 2015 WO WIRE / Exploration, Production, Industry Trends, Companies in the News, People in the News 302x191 Wentworth discovers gas at Tembo-1 exploration well BP announces first oil from Kinnoull field in Central North Sea Lukoil to sell its interest in National Oil Consortium to Rosneft Top-paid U.S. CEO to get $1 salary after shareholder backlash Wentworth discovers gas at Tembo-1 exploration well ALBERTA, Canada -- Wentworth Resources has completed the drilling operations of the Tembo-1 well in the Rovuma onshore block, Mozambique and a natural gas discovery has been made in Cretaceous aged sands. Read More Freeport-McMoRan reports successful test at Highlander discovery in South Louisiana PHOENIX, Arizona -- Freeport-McMoRan has announced a successful production test from Freeport-McMoRan Oil & Gas’ (FM O&G) Highlander discovery, located onshore in South Louisiana in the Inboard Lower Tertiary/Cretaceous trend. Read More Lundin comes up dry on Lindarormen exploration well offshore Norway STOCKHOLM, Sweden -- Lundin Petroleum, through its wholly owned subsidiary Lundin Norway, has completed the drilling of wildcat well 6405/12-1 on PL584 and came up dry. Read More BP announces first oil from Kinnoull field in Central North Sea LONDON -- BP, on behalf of the Kinnoull field co-venturers, has announced the start of production from Kinnoull field in the central North Sea. Read More Petrobras to start early production in Buzios field RIO DE JANEIRO -- Petrobras has received authorization from Brazil’s ANP to initiate the early production system of well 2-ANP-1RJS, located in Búzios field (formerly known as the Franco area), in the Santos basin pre-salt. Read More Wintershall halts onshore oil production in Libya TRIPOLI, Libya -- Wintershall has suspended onshore production in Libyas C96 and C97 concessions until further notice. Read More Lukoil to sell its interest in National Oil Consortium to Rosneft MOSCOW, Russia -- Lukoil and Rosneft Petroleum have signed a package of legally binding documents regarding the sale of Lukoil’s interest in National Oil Consortium (NOC), in Moscow. Read More Noble Energy provides update on regulatory matters in Israel HOUSTON -- Noble Energy and its partners in the Leviathan field were advised by the Israel Anti-trust Authority of its decision to not submit the Consent Decree to the Anti-trust Tribunal for final approval. Read More U.S. shale boom is making energy trading more global, BP says LONDON -- The U.S. shale boom is connecting markets and changing the way oil and gas is bought and sold, according to BP Plc’s trading unit. Read More BOURBON completes vessel sales; announces new sale and bareboat charter agreement PARIS -- BOURBON has completed the transfer of ownership under the agreements with ICBC Financial Leasing (ICBCL) and Standard Chartered Bank (SCB) as part of the sale and bareboat charter agreements signed in 2013. Read More MacGregor secures subsea crane order from Chinas ZPMC HELSINKI, Finland -- MacGregor, part of Cargotec, has received a large order from Shanghai Zhenhua Heavy Industry Co Ltd (ZPMC). The contract is for four offshore cranes, including a 400-tonne SWL active heave-compensated crane capable of deploying 3,000 m of wire rope. Read More Magseis bags seabed seismic contract from Chevron LYSAKER, Norway -- Magseis has entered into a final contract with Chevron North Sea for seabed seismic acquisition in the UK sector of the North Sea using the company’s proprietary MASS system and the Artemis Athene. Read More Top-paid U.S. CEO to get $1 salary after shareholder backlash HOUSTON -- Cheniere Energy Inc. will drop the salary for the highest-paid U.S. executive to $1 after a shareholder revolt and lawsuit this year against his $142 million pay package. Read More Please read our Terms and Conditions and Privacy Policy before using the site. All materials subject to strictly enforced copyright laws. © 2014 World Oil. © 2014 Gulf Publishing Company. To Unsubscribe: Click here to change your newsletter preferences. Mailing Address: World Oil PO BOX 2608, Houston, Texas 77252 USA Street Address: World Oil 2 Greenway Plaza, Suite 1020, Houston, Texas 77046 USA Sign Up Forward to a friend Newsletter Preference Weekly Rig Count Update As of Dec. 29, 2014 1,840 USA rotary rigs -35 rigs (change from 12/19) 256 Canada rotary rigs -135 rigs (change from 12/19) 1,324 International rotary rigs 16 rigs (change from October 2014) For more comprehensive rig data, please visit our Industry at a glance 2014DecCover This month in WORLD OIL ShaleTech: Permian Basin (December-2014) by Jim Redden Read More This Weeks Hot Jobs LNG V.P., Terminal Operations, U.S. Project Engineer - Controls & Instrumentation, Saudi Arabia Project Drilling Superintendent, International EDITOR Pramod Kulkarni EXECUTIVE EDITOR Kurt Abraham NEWS EDITOR Steven McGinn ASSOCIATE EDITOR Roger Jordan SALES MANAGER Andy McDowell 713-520-4463
Posted on: Fri, 02 Jan 2015 12:44:56 +0000