WorldOil New survey vessel Fugro Americas completes maiden voyage On June 11, Fugro’s premier geophysical survey vessel, the Fugro Americas, successfully completed data collection for a geochemical coring campaign in the Caribbean. CME Group exec in call for end to U.S. oil export ban CME Group Executive Chairman and President Terry Duffy will appear before the U.S. House Committee on Agriculture on Wednesday to discuss how lifting the oil export ban impacts the rural economy and futures markets. 2H Offshore awarded verification contracts for Stampede field development 2H Offshore, an Acteon company, has been awarded two separate contracts, one by Hess Corp. and a second contract by Enbridge Energy Co., to verify the design, fabrication and installation phases of the steel catenary risers (SCRs) for the Stampede field development in the Gulf of Mexico. Rosneft gets Brazil’s approval for full control of Solimoes project Rosneft Brasil—a wholly owned subsidiary of Rosneft—and PetroRio have received approval from Brazil’s National Petroleum, Natural Gas and Biofuels Agency (ANP) for Rosneft Brasil to acquire an additional 55% interest in the Solimoes project. Atwood secures contract extension for Atwood Beacon Atwood Oceanics announced Monday that one of its subsidiaries had reached an agreement for a six-month extension of its existing contract with Eni S.p.A. for the jackup rig, the Atwood Beacon. DNV GL wins frame agreement with Wintershall Norge DNV GL has been selected by Wintershall Norge AS to provide a frame agreement for global inspection services for its developments offshore Norway. The overall contract is expected to exceed NOK 10 million (about $1.2 million). China extends Xinjiang oil block bids to non-state companies China is offering six oil and gas blocks in the resource-rich province of Xinjiang to non-state companies, extending the bids beyond state-owned explorers. Technip shares sink on writedown, job cuts after oil-price slump Technip SA shares fell the most in almost a year after the company announced plans to cut 6,000 jobs and reduce its fleet of oil-service ships to cope with the slump in crude prices. Impact Selector and Wireline Engineering announce strategic combination Impact Selector and Wireline Engineering have announced that the companies are joining forces through a strategic transaction. Refracing fever sweeps across shale industry after oil collapse The technique itself is nothing new. Oil crews across the world have been schooled on its simple principles for generations: Identify aging, low-output wells and hit them with a blast of sand and water to bolster the flow of crude. The idea originated somewhere in the plains of the American Midwest, back in the 1950s. British Columbia sees $7.1 billion from Petronas gas exports British Columbia is pledging to cap levies on Petroliam Nasional Bhd.’s gas export project as it expects to collect C$9 billion ($7.1 billion) from the venture by 2030.