WorldOil Petrobras abandons Brazil's deepwater Caramba prospect Brazil’s state-controlled oil company Petroleo Brasileiro SA has abandoned exploration at the Caramba prospect in a deepwater region that holds the country’s biggest discoveries. BG Brasil, Senai CIMATEC launch Latin America’s fastest supercomputer SALVADOR, Brazil -- BG Brasil and Senai CIMATEC have unveiled the fastest ever supercomputer in Latin America at the Senai CIMATEC Supercomputing Center for Industrial Innovation in Salvador, Bahia. Brent oil trades near one-month low on Iraq exports, dollar Oil traded near a one-month low in London on concern record Iraqi exports will boost OPEC supplies. UK aims to maximize oil production as onshore wind loses out The UK aims to maximize domestic oil and gas production and curb the spread of onshore wind farms as the government leans toward maintaining energy security over cutting carbon emissions. Wood Group appointed as DECC technical advisor for CCS Wood Group Kenny (WGK) will provide technical advisory services for carbon capture and storage (CCS) policies, as well as potential projects across the UK, as part of a framework agreement with the Department of Energy and Climate Change (DECC). Statoil awards new Oseberg contract to Aibel Statoil has awarded Aibel the contract to conduct a FEED study for the Oseberg Future Development Brownfield Topside project. The contract gives an opening for the subsequent EPCI contract. Arcticgas making use of high-technology field development techniques ST. PETERSBURG, Russia -- JSC Arcticgas—a subsidiary of Gazprom Neft and Novatek—has completed the first ever four-stage fracing of a horizontal well in the Yamalo-Nenets Autonomous Region, undertaken as part of the development of the Achimov deposits in Urengoyskoye field. TGS announces appointment of new CFO TGS has announced the appointment of Sven Børre Larsen as the company's new CFO. The effective date of Mr. Larsen's employment is yet to be determined, but will be no later than Dec. 1, 2015. CNOOC reports discovery in Eastern South China Sea CNOOC Limited has reported a mid-sized discovery, Liuhua 20-2, in the Eastern South China Sea. Total produces 2 Bbbl from Angola’s deepwater Block 17 Total has achieved the significant milestone of producing a cumulative 2 Bbbl from its operated deepwater Block 17, 150 km off the coast of Angola. Chevron to release documents in lawsuit over Nigerian oil leases Chevron U.S. and BNP Paribas agreed recently in District Court in Texas to turn over documents and correspondence between the two companies and other entities to the Nigerian oil company that has sued Chevron over the sale of three oil mining leases in the Niger Delta.