Roberto Abraham Scaruffi

11 May 2015

	GE Oil & Gas signs agreement with Enpro Subsea GE Oil & Gas and Enpro Subsea have signed an agreement to jointly market and provide fluid intervention services offering oil and gas operators a cost-effective way to improve production rates in producing wells

	Apache begins production from Coniston field Apache has begun oil production from the Coniston subsea oil field development offshore Western Australia. The company's partner INPEX provided the update on the Coniston field, which is being produced by an FPSO (floating production, storage and offloading vessel) which operates on the Van Gogh oil field

	Amec Foster Wheeler wins €70million nuclear contract Amec Foster Wheeler has been awarded a seven-year contract by Fusion For Energy (F4E) for the development and delivery of the Natural Beam Cell Remote Handling System on the ITER fusion reactor in the South of France

	Saudi Aramco said to plan spending $80 billion overseas Saudi Arabian Oil Co., the world’s largest oil exporter, is planning to spend between $70 billion and $80 billion on overseas acquisitions and investments during the next five years, three people with knowledge of the matter said

	Wood Group Kenny secures multi-million dollar oil spill response contract Wood Group Kenny (WGK) has secured a multi-million dollar five-year contract with Oil Spill Response to provide the maintenance support for a key part of a containment toolkit that would be used to control hydrocarbon release in the event of a subsea well control incident

	PM appoints new secretary of state for energy and climate change Prime Minister David Cameron has appointed Amber Rudd as the new secretary of state for energy and climate change. The 51-year-old Edinburgh University graduate replaces Liberal Democrat Ed Davey, who lost his London seat at last week’s election

	OGA makes further senior team appointments The chief executive of the new industry regulator OGA (Oil and Gas Authority) has made further appointments to his team. It comes after a number of previous appointments earlier this year with the new directors expected to be in post by mid-June

	Sound Oil given chance to complete farm-in deal in Moroccan onshore licence Sound Oil has been granted a 30-day period from the OGIF (Moroccan Oil and Gas Investment Fund) in relation to a potential farm-in to the Tendrara licence

	Chad to reschedule $1.5 billion of Glencore-led oil loans Chad’s government is seeking to delay repayment of about $1.5 billion of Glencore Plc-led bank loans to conserve cash after a collapse in crude prices and its intervention in the war against Boko Haram in Nigeria

	OTC 2015:Scottish firms come away from OTC with some promising business leads A robust exhibition for the oil and gas industry in Houston saw firms from across the world actively seeking solutions that will cut costs in the face of the oil price crash