WorldOil Saudi Arabia to keep pumping as much oil as customers want Saudi Arabia, the world’s biggest crude exporter, pledged to supply as much oil as its customers need as recovering demand helps rebalance the global market. Circle Oil abandons Oman well following drilling difficulties Circle Oil is to plug and abandon the Shisr-1 well, in Oman’s Block 49, following drilling difficulties. Lundin spuds wildcat on Morkel prospect in Northern North Sea Lundin Petroleum, through its wholly owned subsidiary Lundin Norway, has commenced drilling of exploration well 33/2-2S in PL579. Polarcus wins 3D survey offshore Egypt DUBAI -- Polarcus has received an award from an undisclosed client for a 3D marine seismic project offshore Egypt utilizing Polarcus' RightBAND technique for broadband data acquisition. Aqualis Offshore wins Brazilian FPSO contract OSLO, Norway -- Aqualis Offshore, part of Oslo-listed Aqualis ASA, has won an important contract for an FPSO project in Brazil. Wintershall takes over Vega operatorship from Statoil Wintershall has taken over the operatorship of the subsea oil and gas field Vega from Statoil. Oil holds above $50 as Saudis signal demand before supplies data Oil held above $50/bbl as investors weighed Saudi Arabia’s signal that demand is improving against data forecast to show U.S. inventories expanded from a record. Chevron, Linn ordered to shut California wells on water concerns California regulators ordered oil drillers including Chevron and Linn Energy to halt operations at 12 injection wells in the state because of concerns they may taint groundwater. Oil production in federal GoM to continue increasing, EIA says Because of the long timelines associated with Gulf of Mexico (GoM) projects, the recent downturn in oil prices is expected to have minimal direct impact on GoM crude oil production through 2016, according to the U.S. Energy Information Administration's Today in Energy report.. Halliburton opens new Integrated Completions Center in Louisiana Halliburton officially opened its new Integrated Completions Center (ICC) in New Iberia on February 26, 2015. Halliburton introduces Quasar Pulse M/LWD service Sperry Drilling, a Halliburton business line, announced the release of Quasar Pulse Service, the only M/LWD service capable of operating in harsh environments up to 392°F and 25,000 psi.