http://www.worldoil.com WorldOil Oman considers importing LNG as domestic gas use surges http://www.worldoil.com/news/2015/8/30/oman-considers-importing-lng-as-domestic-gas-use-surges Oman may start importing to meet surging domestic energy demand, according to two people with knowledge of the matter, a shift in trade that would make it the fourth Arab country in the oil-rich Persian Gulf to buy LNG. Eni discovers 30 Tcf gas field in Mediterranean offshore Egypt http://www.worldoil.com/news/2015/8/30/eni-discovers-30-tcf-gas-field-in-mediterranean-offshore-egypt Eni has discovered a “super giant” natural gas field offshore Egypt in what the Italian oil company said is the largest find in the Mediterranean Sea. Alberta regulator orders 95 Nexen pipelines shut down after leak http://www.worldoil.com/news/2015/8/30/alberta-regulator-orders-95-nexen-pipelines-shut-down-after-leak The Alberta Energy Regulator has ordered the immediate suspension of 15 pipeline licenses issued to Nexen, the Canadian unit of China’s Cnooc Ltd., after finding “noncompliant activities” at the company’s Long Lake oil-sands operations. Halliburton believers stand to win big betting on Baker Hughes deal http://www.worldoil.com/news/2015/8/28/halliburton-believers-stand-to-win-big-betting-on-baker-hughes-deal Traders willing to bet the biggest oil-services deal can survive regulatory scrutiny stand to rake in more than $3 billion in profit. OEG Offshore U.S. arm merges with Gulf coast equipment provider http://www.worldoil.com/news/2015/8/28/oeg-offshore-us-arm-merges-with-gulf-coast-equipment-provider OEG Offshore, a global provider of cargo carrying units (CCUs) and A60 modules to the oil and gas industry, has announced the merger of its U.S. business with Louisiana-based oilfield equipment provider Cameron Rental and Tank Inc. (CRT). IKM Testing acquires Oceaneering’s machining, cutting business http://www.worldoil.com/news/2015/8/28/ikm-testing-acquires-oceaneering-s-machining-cutting-business The IKM Group announced Friday that IKM Testing has entered into a purchase agreement to acquire Oceaneering’s Norwegian onsite machining and cutting business. Citigroup’s Morse says WTI under $30 needed to curb output http://www.worldoil.com/news/2015/8/28/citigroup-s-morse-says-wti-under-30-needed-to-curb-output After tumbling to six-year lows, U.S. benchmark oil prices must fall even further before producers begin reining in production, according to Ed Morse, head of global commodity research at Citigroup Inc. McDermott bags its largest Middle East contract from Saudi Aramco http://www.worldoil.com/news/2015/8/28/mcdermott-bags-its-largest-middle-east-contract-from-saudi-aramco McDermott International has been awarded a lump sum contract by Saudi Aramco for brownfield work in various fields offshore Saudi Arabia. Chinese oil giants eschew global jobs purge amid belt tightening http://www.worldoil.com/news/2015/8/28/chinese-oil-giants-eschew-global-jobs-purge-amid-belt-tightening China’s biggest oil companies say they’ll cut costs, but not employees. For OPEC, this year’s painful oil slump will bring gains in 2016 http://www.worldoil.com/news/2015/8/28/for-opec-this-year-s-painful-oil-slump-will-bring-gains-in-2016 While OPEC’s fight to snatch market share from rival oil producers might look like a costly failure as prices languish below $50/bbl, an entirely different picture could emerge next year. Oil surges most in six years on faster U.S. economic growth http://www.worldoil.com/news/2015/8/27/oil-surges-most-in-six-years-on-faster-us-economic-growth Oil jumped the most in more than six years, caught up in a relief rally that swept the globe as the U.S. economy grew more than predicted.