WorldOil Xodus secures new ZADCO vibration contract Xodus Group has been awarded a contract for the vibration assessment and analysis on the oil train piping and structures for Zakum Development company (ZADCO) at Zirku Island, 140 km north-west of Abu Dhabi. New appointments and mergers at Ministry of Mines, Industry and Energy and GEPetrol will strengthen Equatorial Guinea oil sector The Ministry of Mines, Industry and Energy of Equatorial Guinea has announced new government appointments and mergers of key internal departments that will streamline its operations and contribute to an overall improvement of governance in Equatorial Guinea, says Centurion Law Group. Meanwhile, GEPetrol’s hiring of a new General Director and other key directors as part of a strategic restructuring will make the national oil company better positioned to carry out its expansion. Logan Industries to supply CCTLF system for Maersk’s drillship Maersk Voyager Logan Industries, based in Hempstead Texas, has recently been awarded with an order for a Compensated Coiled Tubing Lift Frame (CCTLF) for Maersk Drilling. The CCTLF system will be designed and built in-house and is expected to be delivered to Maersk in Q2 2016. Ikon Science announces the launch of an Atlantic Ireland Regional Study As the Ireland Atlantic Margins licensing rounds approach, Ikon Science is offering oil and gas companies, an opportunity to get ahead with a new and comprehensive interpretation of pressure and rock physics mechanisms, through a sponsorship position in The Ikon Science Atlantic Ireland Regional Study. New York bans fracing with release of seven-year study New York state has officially banned hydraulic fracturing. The state, following through on a decision Democratic Governor Andrew Cuomo made in December, released its formal study of the drilling practice Monday after almost seven years of study. Big Oil needs new model to endure $60 crude, Morgan Stanley says The world’s largest oil companies need to change their business model to increase shareholder returns during a period of depressed crude prices, a report published by Morgan Stanley and The Boston Consulting Group said. Israel gas plan makes the best of limitations, official says Israel’s proposed guidelines for regulating its natural gas reserves are the best it can hope for because the local industry can’t support competition, a senior government official said. Fugro, Cross Group awarded multi well contract in Gulf of Mexico Fugro’s dynamically positioned multi-purpose drilling, well intervention and geotechnical vessel, Fugro Synergy, is proving her capabilities on a multi well intervention campaign which recently started in the Gulf of Mexico. Wild Well expands training capabilities with new well control certification program Wild Well Control, Inc., a Superior Energy Services company and a global leader in firefighting and well control, introduces its exclusive well control training certification program designed to meet the ever-changing needs of the industry by offering a complete selection of action-oriented well control training curricula, which includes both team and individual well control simulator exercises. Petrobras lowers five-year spending plan to $130 bn Petroleo Brasileiro SA cut its five-year spending plan by 37% and lowered oil output targets as Brazil’s state-controlled producer battles the industry’s heaviest debt load and a slump in crude prices. Oil sands prepared to take greater role to tackle climate change, CAPP says Canada’s oil sands producers are prepared to take a greater leadership role on climate action as part of the growing global intention to reduce greenhouse gas emissions, the Canadian Association of Petroleum Producers (CAPP) said.