WorldOil Engie sees possible exploration, production purchases in months Engie, the French utility giant formerly known as GDF Suez SA, is studying fossil-fuel acquisitions. OneSubsea wins $330 million subsea production system contract OneSubsea, a Cameron and Schlumberger company, has been awarded a subsea production systems contract totaling more than $330 million for a gas project offshore North Africa. Amec Foster Wheeler awarded LNG contract in Timor-Leste Amec Foster Wheeler has been awarded a pre-FEED (front-end engineering design) contract by the government of Timor-Leste for the proposed Beaço LNG plant. Transocean announces departure of CFO Transocean has announced that Esa Ikaheimonen is stepping down as executive V.P. and CFO with immediate effect. Premier Oil strikes oil in North Falkland basin Premier Oil has struck oil at the Isobel Deep exploration well, 14/20-1, in the North Falkland basin, approximately 30 km south of Sea Lion field. Seadrill drops as rig market gloom seen lasting into 2016 Seadrill Ltd. fell in Oslo trading as the offshore driller controlled by billionaire John Fredriksen sees the rig market remaining challenging until next year after a collapse in oil prices. U.S. Geological Survey releases frac sand research Newly released research from the U.S. Geological Survey (USGS) describes U.S. hydraulic fracturing (frac) sand deposits and their locations, and provides estimates of frac sand production, consumption, and reserves. Atlas Copco introduces new QEC range for rental, mining and oil and gas Atlas Copco has expanded its containerized generator offering with four new QEC models. Ashtead Technology boosts rental fleet with Neptune agreement Ashtead Technology has secured a deal with Neptune Oceanographics Ltd., adding innovative underwater leak detection products to its rental fleet. Applus RTD to open new office in Corpus Christi Applus RTD has announced it is to open an office in Corpus Christi, Texas following increased demand for its non-destructive testing (NDT) services from the region’s energy industry. Petrobras abandons deepwater prospect in Brazil’s top region Brazil’s state-controlled oil company Petroleo Brasileiro abandoned exploration at the Caramba prospect in a deepwater region that holds the country’s biggest discoveries.