http://www.worldoil.com WorldOil Oil falls as surging OPEC production seen bolstering global glut http://www.worldoil.com/news/2016/4/29/oil-falls-as-surging-opec-production-seen-bolstering-global-glut Oil fell from a five-month high as surging OPEC crude production is seen swelling global stockpiles. Exxon posts smallest profit since 1999 amid global oil slump http://www.worldoil.com/news/2016/4/29/exxon-posts-smallest-profit-since-1999-amid-global-oil-slump Exxon Mobil Corp. posted its weakest quarterly profit in more than a decade amid tumbling energy prices that have already cost the world’s biggest non-state oil explorer its sterling credit rating. Eleven found dead after helicopter crash off west Norway http://www.worldoil.com/news/2016/4/29/eleven-found-dead-after-helicopter-crash-off-west-norway At least 11 died and two were missing after a helicopter carrying people from a Statoil ASA-operated oil and gas field offshore Norway crashed near Bergen on Norway’s west coast. SIMMONS EDECO wins key contract with major operator http://www.worldoil.com/news/2016/4/29/simmons-edeco-wins-key-contract-with-major-operator SIMMONS EDECO, a supplier of wellhead and valve maintenance and onshore drilling services, has been awarded a multi-million-dollar contract by a major North Sea oil and gas operator. BESTOLIFE rolls out versatile HONEY KOTE drilling compound http://www.worldoil.com/news/2016/4/29/bestolife-rolls-out-versatile-honey-kote-drilling-compound BESTOLIFE Corporation has unveiled its latest innovation in premium copper-based drilling compounds. Honeywell introduces Matrikon OPC UA software development kit http://www.worldoil.com/news/2016/4/29/honeywell-introduces-matrikon-opc-ua-software-development-kit Honeywell Process Solutions (HPS) has introduced the Matrikon OPC Unified Architecture (OPC UA) Software Development Kit (SDK), a single fully scalable toolkit to allow users to quickly and easily interconnect industrial software systems, regardless of the platform, operating system or size. BP awards Petrofac Duty Holder contract for Miller platform http://www.worldoil.com/news/2016/4/29/bp-awards-petrofac-duty-holder-contract-for-miller-platform Petrofac has been awarded a Duty Holder contract from BP to support the late life management of the Miller platform, located in the Central North Sea. Premier Oil completes acquisition of E.ON's North Sea assets http://www.worldoil.com/news/2016/4/29/premier-oil-completes-acquisition-of-eons-north-sea-assets Premier Oil has completed the acquisition of the UK North Sea assets of E.ON, the London-headquartered company said Friday. Yamal LNG gets $12-billion in Chinese loans amid sanctions http://www.worldoil.com/news/2016/4/29/yamal-lng-gets-12-billion-in-chinese-loans-amid-sanctions Yamal LNG signed agreements for financing with two Chinese banks after more than a year of discussions after its biggest shareholder, Novatek OJSC, was targeted by U.S. sanctions. Guerrillas and rebels do for oil market what producers couldn't http://www.worldoil.com/news/2016/4/29/guerrillas-and-rebels-do-for-oil-market-what-producers-couldnt Leftist guerrillas in Colombia, rebels in Libya and militants in Nigeria are succeeding where the world’s biggest oil producers failed, helping keep a 1.5 MMbpd surplus from expanding. Eni posts larger-than-expected loss amid oil price slump http://www.worldoil.com/news/2016/4/29/eni-posts-larger-than-expected-loss-amid-oil-price-slump Eni posted a first-quarter loss that was worse than analysts’ estimates amid a collapse in crude prices.