WorldOil EIG invests $1 billion in Breitburn for strategic acquisitions Breitburn Energy Partners and EIG Global Energy Partners have announced definitive agreements, whereby Breitburn will sell $350 million of perpetual convertible preferred units and $650 million of senior secured notes. The funds will be used for future growth and strategic acquisitions. Iran’s riches coveted by oil majors after decades of conflict LONDON (Bloomberg) -- Outside the boardroom of BP Plc’s headquarters on London’s swanky St. James’s Square, a display case houses the geological data from Masjid-i-Solaiman, Iran’s first oil well. Exxon Mobil starts production at Hadrian South in Gulf of Mexico IRVING, Texas --Exxon Mobil has begun production at Hadrian South in the deepwater Gulf of Mexico. Gross production, from two wells, is expected to reach approximately 300 MMcfgd and 3,000 bopd. Saudis seen by Woodmac pricing oil to protect Asia market share Saudi Arabia is seeking to protect its share of Asia’s oil market by keeping crude prices competitive with those of other suppliers, according to energy consultants Wood Mackenzie Ltd. 2H Offshore awarded Johan Sverdrup contract 2H Offshore, an Acteon company, has been awarded a contract by Statoil for tieback conductor, platform conductor and surface riser engineering analysis on Johan Sverdrup field in the Norwegian sector of the North Sea. New Zealand offers 430,000 sq km in Block Offer 2015 New Zealand's Energy and Resources Minister, Simon Bridges, has launched Block Offer 2015, the country's annual tender for oil and gas exploration permits. Aqualis Offshore completes heavy lift jackup move Aqualis Offshore, part of Oslo-listed Aqualis ASA, has completed the marine warranty services for the dry transportation of the Valiant Driller jackup from Indonesia to India, where it will operate for ONGC. Oil, rail industries develop crude-by-rail safety course for first responders America’s oil and freight railroad industries have developed a new education module for first responders as part of a holistic effort to better prevent, mitigate and respond to derailments of trains carrying crude oil. OMV names Wintershall’s Rainer Seele as new CEO The supervisory board of OMV Aktiengesellschaft has appointed Rainer Seele as the new chairman of the executive board and CEO of OMV. Seele has accepted the appointment. Mario Mehren to head Germany’s Wintershall Mario Mehren, a member of the Board of Executive Directors of Wintershall responsible for EandP Russia, North Africa and South America, has been named president of BASF’s oil and gas division effective July 1, 2015, and in this function he will be head of BASF’s subsidiary Wintershall. Total completes $1 billion of onshore divestments in Nigerian blocks Total has completed the divestment of its stake in onshore Oil Mining Lease (OML) 29 to Aiteo Eastern EandP, a Nigerian company, for $569 million. Together with the recently completed divestments of OML 24 and OML 18, Total’s share of sale proceeds from these three onshore Nigerian blocks amounts to over $1 billion.