WorldOil Millionth tonne of oil produced at Prirazlomnoye field: Gazprom Neft The millionth tonne of oil has been produced at Prirazlomnoye field, Gazprom Neft, the field’s operator, said. Part of a consignment dispatched on the Mikhail Ulyanov tanker, it will be delivered to customers in North West Europe in early December. NOVATEK starts production at Yarudeyskoye oil field OAO NOVATEK has started commercial production at Yarudeyskoye oil field, which is expected to rapidly reach its planned daily production level equivalent to approximately 3.5 million tons of crude oil on an annualized basis. Wood Group strengthens specialist vibration service with key appointments Wood Group has appointed three senior engineering specialists who will lead a new team of up to 20 people in the UK to further build Wood Group’s capability in vibration, dynamics and noise. INEOS completes deal to acquire DEA UK North Sea gas fields INEOS has completed the purchase of the North Sea natural gas assets of DEA Deutsche Erdoel AG, which is owned by L1 Energy. Statoil to divest interest in Trans Adriatic Pipeline Following the divestment of its share in the Shah Deniz gas field in Azerbaijan, Statoil has agreed to sell its 20% interest in Trans Adriatic Pipeline AG to the Italian gas infrastructure company Snam SpA for a total consideration of $220.4 million (EUR 208 million). DNV GL presents DSIC with world’s first AiP for LNG-fuelled VLCC design DNV GL has presented Dalian Shipbuilding Industry Company Limited (DSIC) with an Approval in Principle (AiP) certificate for a new LNG-fuelled very large crude carrier (VLCC) design at the first day of the Marintec China trade fair. Canadian oil sands wins more time for bids as Suncor mulls steps Canadian Oil Sands Ltd.’s shareholders won another month to find suitors willing to counter Suncor Energy Inc.’s C$4.5 billion ($3.37 billion) hostile takeover offer. They may lose Suncor’s bid in the process. Transocean’s Norway deal marks new rig-rate low in oil slump Transocean Ltd., the biggest offshore-rig operator, won a contract to drill four wells off Norway for Det Norske Oljeselskap ASA at a day rate of about $180,000, the lowest recorded tariff in the Nordic country since oil began to tumble last year. Kurds pay oil companies for third month to maintain output The Kurdistan Regional Government paid international oil companies operating in the Iraqi autonomous region for a third consecutive month, disbursing funds that it says will allow production to be maintained. Oil bulls brace for repeat of OPEC’s bearish blow at meeting Hedge funds are betting this week’s OPEC meeting will deliver another bearish blow to crude. Weatherford and Chevron push temperature barriers in the Gulf of Thailand Weatherford International plc announced the development of the HeatWave Extreme service for commercial use by Chevron Thailand.