WorldOil BSEE lends expertise in Louisiana oil platform fire investigation An engineer, an inspector and an investigator in New Orleans with the Bureau of Safety and Environmental Enforcement are lending their expertise to the Jefferson Parrish authorities to assist with the investigation of the recent oil and gas platform explosion and fire in state waters. Petrobras contracts FPSO for Sepia field, in the Santos basin Petrobras informs that on Oct. 13, 2017 it signed a contract with Modec Group to charter a FPSO platform to be used at the Sepia field development project, derived from the Transfer of Rights Agreement, located in the pre-salt of the Santos basin. WoodMac: What's behind the boost in Libya's oil production? Libya's oil production has increased steeply from August 2016’s low point of below 300,000 bpd to around 850,000 bpd at present, passing the 1-MMbpd barrier in July. But Wood Mackenzie believes Libya may now be reaching its near-term production limits and future growth will be gradual. Eldar Sætre to continue as Statoil’s CEO Statoil’s board of directors and chief executive Eldar Sætre have agreed that Sætre will continue as CEO after he turns 62 in February 2018. Eldar Sætre will thus not use his contractual right to retire at the age of 62. Rosneft, Saipem sign strategic cooperation agreement Rosneft and Saipem SpA signed a strategic cooperation agreement at the X Eurasian Economic Forum in Verona. Gazprom Neft begins production of its own drilling oils Gazpromneft-Lubricants, operator of the Gazprom Neft lubricants business, has become the first company in Russia to start producing oils for the production of drilling fluids using its own technology. BP chairman announces retirment, board launches search for successor BP has announced that Carl-Henric Svanberg has informed the company’s board of directors of his intention to retire as chairman. Svanberg will chair the annual general meeting to be held in May 2018 and will remain in position until a successor is in post. NOIA asks members to contact officials over "crippling" environmental proposals Fearing that Canadian federal officials could upset the relatively healthy Newfoundland and Labrador offshore sector, the Newfoundland and Labrador Oil and Gas Industry Association (NOIA) is calling on its membership to contact these officials and bombard them with comments and concerns. Egypt calls for less LNG in tender as domestic gas boost looms Egypt is paring down its requests for liquefied natural gas. America's shale gas pioneer seeks buyers, only to find partners The billionaire evangelist of U.S. natural gas exports is finding himself having some surprising conversations these days. AFGlobal acquires Axon pressure pump technology AFGlobal has announced that it has acquired the Axon pressure pump technology and product line from Amkin Technologies, LLC, a privately-held oilfield equipment and technology developer.