WorldOil Billionaire Ambani said to weigh sale of U.S. shale gas holdings Indian billionaire Mukesh Ambani’s Reliance Industries is weighing a sale of its U.S. shale gas investments, people with knowledge of the matter said. National Oilwell Varco achieves positive results despite downturn NOV reported that for its second quarter, it earned net income of $289 million, compared to first quarter net income of $310 million. U.S. could be energy superpower with repeal of oil export ban, Senate committee hears U.S. Sen. Lisa Murkowski (R – Alaska) testified before the Senate Banking Committee Tuesday on the benefits of lifting the ban on domestic crude oil exports. ConocoPhillips extends Mærsk Innovator contract ConocoPhillips Norway has awarded Maersk Drilling a contract extension for the Mærsk Innovator for work on Eldfisk field, part of the greater Ekofisk area, offshore Norway. Vermilion Energy farms into North German basin licenses Vermilion Energy has entered into a farm-in agreement with Mobil Erdgas-Erd l GmbH (MEEG) and BEB Erdgas und Erd l GmbH and Co.KG (BEB). UK names final winners from 28th seaward licensing round The Oil and Gas Authority—the UK oil and gas regulator—announced the remaining winners from the 28th Offshore Licensing Round on Monday. Dolphin starts East Campeche multi-client project in Mexico Dolphin Geophysical has commenced the East Campeche 2D long offset multi-client survey in Mexico, utilizing the M/V Artemis Arctic. Technip awarded EPCIC contract for Petronas FLNG1 Technip has been awarded an engineering, procurement, construction, installation and commissioning contract by Petronas Carigali for the tie-in of the PFLNG1 facility to the KAKG-A platform in Kanowit field. FERC approves Excelerate Energy's Puerto Rico FLNG project The U.S. Federal Energy Regulatory Commission (FERC) has granted authorization to Excelerate Energy, in cooperation with the Puerto Rico Electric Power Authority (PREPA), to site, construct, and operate the proposed Aguirre Offshore GasPort project. Husky assessing West White Rose development options Husky Energy continues to assess potential development options for the West White Rose extension in the Jeanne d'Arc basin, the company said Monday. BP has worst profit in 10 years on Libya write-off, trading BP Plc reported the lowest quarterly profit in at least 10 years after a boom in trading faded and the conflict in Libya forced almost $600 million of writedowns.