WorldOil Noia Oil and Gas Conference 2018 comes to a close The Newfoundland and Labrador Oil and Gas Industries Association (Noia) 34th annual oil and gas conference was held this week at the St. John’s Convention Centre. Themed Redefining Oil: The Time is Now, the conference heard from a variety of speakers with the themes of regulatory clarity and investment support. Mubadala Petroleum completes acquisition of 10% interest in Egypt's Shorouk Concession Mubadala Petroleum announces that it has completed the acquisition from Italy’s Eni of a 10% participating interest in the offshore Shorouk Concession in Egypt, which contains the super giant Zohr gas field. Halliburton introduces advanced solids control and separation system Halliburton has announced the release of its BaraOmni hybrid separation system, a next-level separation technology that effectively removes ultra-fine low gravity solids (LGS), resulting in better performing, longer lasting fluid systems to help operators significantly reduce costs. Libya oil exports to resume at key ports as OPEC meets on supply Libya’s state oil company plans to start exporting again “soon” from two of the country’s biggest oil ports after eastern military commander Khalifa Haftar retook control of the terminals following clashes with a rival military force. Saudis take oil consumers' side as OPEC nears pivotal talks With fewer than 24 hours to go before a pivotal meeting, Saudi Arabia urged OPEC to help consumers by boosting oil supply as opposition from arch-rival Iran showed signs of wavering. HydraWell signs contract with Chevron for UK plug and abandonment services HydraWell has signed a contract with Chevron North Sea Limited for the provision of equipment and personnel for plug and abandonment (PandA) services on the UK continental shelf. Echo Energy reports significant oil discovery in Argentina Echo Energy plc, the Latin American focused upstream oil and gas company, has announced that a significant light oil column has been interpreted in its third well, onshore Argentina. IPAA supports onshore permitting, regulatory reform legislation Independent Petroleum Association of America (IPAA) President and CEO Barry Russell in a letter praised the House Committee on Natural Resources for advancing smart, thoughtful solutions that would remove bureaucratic regulatory burdens to safe and responsible oil and natural gas development on public lands. U.S. sanctions on Iranian oil stir up a corner of the market Effects of the U.S. sanctions on Iran are spreading beyond the world of crude to some corners of the oil market. Unfractured wells growing as Permian pipeline scarcity worsens Pipeline bottlenecks in North America’s biggest oil field are so pervasive that drillers are quitting new wells at a record pace. And it’s about to get a lot worse. Native sand leader Shale Support purchases two natural mines in Louisiana Shale Support, a leading provider of frac-sand and logistical solutions to the oil and gas proppant market, announced it has closed on a deal purchasing two natural mines in Kinder and Central Louisiana.