Roberto Abraham Scaruffi

6 January 2015

	Chevron makes 'significant' oil discovery in Gulf of Mexico Oil major Chevron has made a "significant" oil discovery at the Anchor prospect in the Gulf of Mexico. The Green Canyon block 807 well number two encountered oil pay in multiple Lower Tertiary Wilcox Sands

	Canadians cutting back 2015 drilling The Canadian Association of Oilwell Drilling Contractors (CAODC) has released its 2015 Drilling Activity Forecast, which projects a 10% decrease in activity

	Production rates on New Zealand project up Two oil and gas firms have estimated a production increase on a project in New Zealand. Pan Pacific Petroleum and New Zealand Oil and Gas have completed a review of the increase in Tui reserves attributable to the Pateke-4H well

	Saudi Arabia will keep ‘solid will’ as oil prices falling Saudi Arabia, the world’s largest oil exporter, will keep a “solid will” and maintain the nation’s stability even with falling crude prices, King Abdullah said in a speech read by his crown prince

	Greka bags $45m contract Greka Drilling has been awarded a $45m contract for further work on a project in China. The venture will see 30 new LiFaBriC wells in the Shizauang South block in the Shanxi Province of China

	GDF Suez appoints new finance officer GDF Suez has revealed it has appointed a new finance chief as it plans asset sales of up to $3.6billion within the next few years. Judith Hartmann, the former chief financial officer at publishing firm Bertelsmann, will take up the role

	DOF Subsea wins contract work in Asia Pacific region DOF Subsea has been given a Letter of Award (LOA) by an international oil company for work in the Asia Pacific region. The LOA is for an IRM contract which will utilise the Skandi Hawk vessel

	Oil prices tumble to lowest in six years Oil prices have tumbled to their lowest level in nearly six years as a glut in supply coincides with shrinking demand amid fears for world economic growth

	Opinion: Jobs of thousands of oil workers at stake The industry is going through what oil workers have described as a crisis period. At the time of writing, the oil price has fallen below $54.That's less than half the price predicted by the SNP in their White Paper, which formed the economic basis for their independence case

	Clean Energy sells shares for $40.6million Clean Energy Fuels has confirmed the sale of its majority interests in McCommas Bluff to Cambrian Energy for $40.6million. The sale also includes $3million in compensation, pending tests on the facility which are due to be finished early this year

	Talisman terminates Archer rig contract early Drilling company Archer has received an early termination notice from Talisman Sinopec Energy UK for its modular rig. The Archer Emerald had been contracted out by the company in a two-year contract deal worth $96million and was scheduled to begin in the first quarter of 2016

	Petrobas FPSO moved to fitting-out yard Petrobas has moved the hull of P-66, the first of a series of eight sister FPSOs (floating production, storage and offloading units) being constructed to meet oil production demands offshore Brazil

	Plexus Holdings scoops £1.5million contract win Plexus Holdings has received a £1.5million purchase order from Brunei Shell Petroleum (BSP) to provide wellhead systems and services. The contract, for work on three additional exploration wells, runs until 2016

	Biggest oil rig drop since 2009 spells tough year ahead US oil drillers laid down the most rigs in the fourth quarter since 2009. And things are about to get much worse. The rig count fell by 93 in the three months through December 26, and lost another 17 last week, Baker Hughes Inc