WorldOil Penn Virginia Corp. sells non-core South Texas assets for $13 million Penn Virginia Corp. has sold certain non-core South Texas assets to an undisclosed buyer for gross cash proceeds of $13 million. Willbros Group to sell professional services segment Willbros Group has executed a purchase agreement for the sale of its professional services segment to TRC Companies for $130 million. Freeport-McMoRan reviewing options for oil and gas business Freeport-McMoRan is undertaking a review of strategic alternatives for its oil and gas business, the company announced Tuesday. PESA names Ryan Bowley as new V.P. Ikon Science announces geopressure RokDoc plug-ins for Petrel Ikon Science has added two new RokDoc plug-ins for Petrel to its portfolio of existing tools on the Ocean platform. This latest addition contributes the first plug-ins covering geopressure data calculation, analysis and viewing to the EandP subsurface community. Fugro awarded contract extension by Pemex Fugro, in conjunction with long-time associates, Diavaz, has been awarded an extension of the ongoing offshore geophysical and geotechnical campaign by Pemex. Buyers market for LNG turns tables on producers amid supply glut Encouraged by the plunge in commodity prices, the world’s biggest buyers of LNG are demanding more say in negotiations with their suppliers. Shell CEO ‘pulling out all the stops’ to safeguard dividends Royal Dutch Shell Plc is “pulling out all the stops” to safeguard its dividend in a world where oil prices remain “lower for longer,” CEO Ben Van Beurden said. Wood Group appoints Robin Watson as CEO Wood Group has announced the appointment of Robin Watson as CEO, effective Jan. 1, 2016. Oceaneering Executive, Marvin J. Migura to step down to senior V.P. at the end of 2015 Oceaneering International has announced that Marvin J. Migura has decided to relinquish his position as executive V.P. effective Dec. 31. Iraqi Kurds boost oil sales in push for financial independence Iraq’s Kurdish region ramped up crude exports by 27% in September as the semi-autonomous enclave seeks greater financial independence amid a budget dispute with the federal government in Baghdad.