WorldOil InterMoor completes Juniper mooring and foundation installation contract InterMoor, an Acteon company, has completed a mooring and foundation installation campaign for bpTT’s Juniper gas project offshore Trinidad and Tobago. $200 oil possible with lack of spending, OPEC’s El-Badri says OPEC’s secretary-general said oil prices as high as $200/bbl are possible if producers fail to invest in new supply. JGC wins Petronas contract for LNG expansion project JGC Corporation, as a part of a consortium with JGC Group company, JGC Malaysia, has been awarded a contract by Petronas LNG 9 Sdn. Bhd. (PL9SB), a wholly-owned subsidiary of Petronas. Oil price slump spurs CNPC to focus on natural gas, cut costs Stung by the slump in crude oil prices, China National Petroleum Corp. said it will speed up natural gas exploration in 2015 and take “revolutionary measures” to cut costs. Aker Geo renamed following Aker Solutions split Aker Geo will—following the split of Aker Solutions—operate under the First Geo brand with immediate effect. WorleyParsonsCord wins Canadian oil sands contract WorleyParsonsCord has been selected to provide fabrication, modularization and construction services in an agreement with a major exploration and production company in Canada to construct a significant oil sands mining project. Ennsub completes sealing work on Wheatstone LNG platform Ennsub has successfully completed the design, manufacture, testing and installation of bespoke sealing systems for the Wheatstone LNG platform off the coast of Australia. U.A.E. plans to keep investing in energy amid volatile oil price The United Arab Emirates will continue building and upgrading its oil facilities to maintain its role as a major producer amid the decline and volatility in prices, Energy Minister Suhail Al Mazrouei said. iSURVEY appoints new business development manager iSURVEY has appointed Iain Milroy as business development manager at the company’s Aberdeenshire office. Obama moves to block oil exploration in Alaska refuge President Barack Obama’s call to restrict oil exploration on 12 million acres of the Arctic National Wildlife Refuge probably won’t have much practical impact for an area already off-limits to drillers, though it’s created a new fault line with the Republican-led Congress. BSEE responds to damaged unmanned platform offshore Louisiana BSEE is responding to a damaged unmanned platform in South Timbalier (ST) Block 27 in the Gulf of Mexico approximately 5 miles south of Port Fourchon, Louisiana, in 50 ft of water.