http://www.worldoil.com WorldOil GE faces ‘incredibly volatile’ oil market amid industrial shift http://www.worldoil.com/news/2015/4/17/ge-faces-incredibly-volatile-oil-market-amid-industrial-shift FAIRFIELD, Connecticut -- General Electric Co.’s sales of oilfield equipment fell in the first quarter as the slump in global crude markets weighed on the company’s accelerating return to its industrial roots. Statoil chief says more oil deals likely after Shell-BG merger http://www.worldoil.com/news/2015/4/17/statoil-chief-says-more-oil-deals-likely-after-shell-bg-merger WASHINGTON, D.C. -- The CEO of Norway’s largest oil producer said the industry will probably see more deals after Royal Dutch Shell’s $70 billion to BG, especially if crude prices remain depressed. U.S. oil rigs slide for 19th week as record retreat drags on http://www.worldoil.com/news/2015/4/17/us-oil-rigs-slide-for-19th-week-as-record-retreat-drags-on Oil explorers idled rigs in U.S. fields for the 19th straight week, prolonging an unprecedented retrenchment in drilling. Nearly 3 MMbbl of Arctic oil delivered to Europe, Gazprom Neft says http://www.worldoil.com/news/2015/4/17/nearly-3-mmbbl-of-arctic-oil-delivered-to-europe-gazprom-neft-says The Kirill Lavrov tanker has delivered a new batch of ARCO Arctic oil to Europe in its sixth shipment of oil, Gazprom Neft announced Friday. More than 2.9 MMbbl of oil have been extracted from Prirazlomnoye oil field since production began. DNV GL forges ahead in enabling reduced subsea lead times http://www.worldoil.com/news/2015/4/17/dnv-gl-forges-ahead-in-enabling-reduced-subsea-lead-times Steel forgings are important building blocks for subsea components and are often tailored to meet end-users’ specific requirements. This results in long delivery times and repeated follow-ups throughout the supply chain. Petrobras discovers onshore oil in Espírito Santo basin http://www.worldoil.com/news/2015/4/17/petrobras-discovers-onshore-oil-in-espírito-santo-basin Petrobras has discovered an onshore oil accumulation in the Espírito Santo basin. Petrobras reports new Amazon basin discovery http://www.worldoil.com/news/2015/4/17/petrobras-reports-new-amazon-basin-discovery Petrobras has discovered a new oil and gas accumulation in the Amazon basin, Block AM-T-84. Santos nears start of $18.5-billion Gladstone LNG project http://www.worldoil.com/news/2015/4/17/santos-nears-start-of-185-billion-gladstone-lng-project Santos Ltd. expects its $18.5-billion LNG project in Australia to start production in about five months, pushing the country closer to becoming the world’s largest supplier of the fuel. BG Norge strikes out near Knarr field http://www.worldoil.com/news/2015/4/17/bg-norge-strikes-out-near-knarr-field BG Norge AS, operator of production license 373 S, is completing the drilling of exploration well 34/3-5, located approximately five km southeast of Knarr field in the Northern North Sea. The well is dry. TAM International establishes Norway office http://www.worldoil.com/news/2015/4/17/tam-international-establishes-norway-office TAM International, an independent oilfield services company providing inflatable and swellable packers to the oil and gas industry, has opened a new office in Norway to support the company’s current business and seek further growth. Aker Solutions and Fjords Processing form Alliance http://www.worldoil.com/news/2015/4/17/aker-solutions-and-fjords-processing-form-alliance Aker Solutions and Fjords Processing have formed an alliance to develop technology and capabilities for advanced, cost-effective wellstream separation and treatment solutions for the subsea and topside oil and gas industry.