Saudi Arabia’s Gesture for OPEC Unity Meets Iranian Resistance. Saudi Arabia faced resistance from Iran to proposals to restore a production target scrapped at OPEC’s last meeting in December as efforts to build unity were undermined by persistent divisions within the producer group. [Bloomberg]
Saudis Pledge Not To Shock Oil Market As OPEC Clash Looms. Saudi Arabia promised on Thursday not to flood the oil market with extra barrels as OPEC headed into a heated debate about production policy, with Iran insisting on the right to raise output steeply. [Reuters]
Oil Futures Trade Flat As Market Awaits OPEC Decision. Oil prices held broadly steady on Thursday, set for their third week of gains, ahead of an OPEC meeting that analysts said was not expected to result in restrictions on crude output. [CNBC]
DOF Receives Contracts For Two Vessels. DOF Subsea has been awarded several ROV and diving contracts for the Skandi Achiever vessel in the North Sea and the North America region, securing utilization of the vessel until end-October 2016. [Oilpro]
All H225 Flights Now Suspended. Norway’s Civil Aviation Authority has decided to suspend all use of H225 helicopters, based on the latest report from the Accident Investigation Board Norway (AIBN). [OEDigital, Oilpro]
Otto Marine Takeover In The Works. Singapore’s Otto Marine, an offshore yard and vessel operator, has revealed an unidentified firm is looking at buying the company.[Splash247, Oilpro]
Tenaris Launches Operations At Its New Rig Direct(TM) Academy. Customers from around the world can now witness first-hand how Tenaris products perform in different applications with today’s launching of operations at its training and testing center, Rig Direct(TM) Academy, located in Veracruz, Mexico. [Oilpro, Sponsored Content]
Avengers Tweet Responsibility For Chevron Attacks. The Niger Delta Avengers (NDA), the new militant group that has claimed responsibility for a number of attacks on oil and gas installations in the Niger Delta recently, has claimed responsibility via Twitter for the latest attack on Chevron’s oil pipeline in Warri North Local Government Area of Delta State. [Oilpro]
Texas Oil Patch Check-In: One Year Later. While formal coverage of the downturn is important for understanding the big picture, it’s the personal accounts that make the collapse relatable and real. [Oilpro]
Meet Robson Loss Bissa Of Jaboatao dos Guararapes, Brazil #HUMANSofOG. “In the oil and gas industry, safety should always come first because usually it does not get a second chance…” [Oilpro]
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