WorldOil Obama Admin officials express support for Arctic oil and gas development Obama Administration officials and former leaders of U.S. Armed Forces expressed support for Arctic oil and gas development at an Atlantic Council event on Geopolitics, Security, and Energy in the Arctic, sponsored by the Arctic Energy Center, yesterday afternoon. Mexico's energy reform set to revitalize ailing sector and boost economy, IEA says Mexico's wide-ranging energy reform, which began in 2013, is expected to reverse the country's declining oil production, increase the share of renewables in the power sector, and slow the growth in carbon emissions, providing a solid foundation for robust economic growth in the coming decades, according to the International Energy Agency. OPGAL offers new optical gas imaging technology for gas leak detection OPGAL, a manufacturer of thermal imaging infrared cameras, is launching two new products to monitor and detect carbon dioxide (CO2) and carbon monoxide (CO) gas leaks in oil and gas and other heavy industries. Rowan Joe Douglas jackup joins BP Trinidad and Tobago rig fleet BP Trinidad and Tobago (bpTT) announced Wednesday that the Joe Douglas 240C jackup, which is owned and operated by Rowan Companies, has joined the bpTT rig fleet and has begun drilling at the bpTT Amherstia facility. Baker Hughes introduces advanced small-diameter ESP system Baker Hughes has announced the commercial release of its CENtrilift PASS slimline ESP system, which is designed to help operators optimize production and reserve recovery while lowering lifting costs in small-diameter wellbores or wells with restricted space due to casing patches or complex completion designs. Honeywell, Flowserve to collaborate on Industrial IoT solutions Honeywell and Flowserve will collaborate to provide Industrial Internet of Things (IIoT) solutions to help industrial customers make their operations, safer, more efficient and more reliable. KBR, JGC America win FEED contracts for Woodfibre LNG project Woodfibre LNG Limited, the privately held Canadian company behind the Woodfibre LNG project, has awarded two Front End Engineering and Design (FEED) contracts for the proposed project, located in the District of Squamish near Vancouver, British Columbia, Canada. Mekers Offshore reports launch of liftboat in China Mekers Offshore has successfully launched the first in a series of liftboats at Dajin Heavy Industries yard in Jiangsu, China. Russia, Norway to exchange Barents Sea seismic data The Norwegian Petroleum Directorate (NPD) and Russia’s Federal Subsoil Resources Management Agency (Rosnedra) have entered into an agreement to exchange seismic data from the areas around the demarcation line in the Barents Sea. Saudi Arabia faces deeper cuts as Iraq opts out of OPEC deal Saudi Arabia faces the prospect of much deeper—and financially painful—oil production cuts after Iraq joined the queue of group members seeking immunity from the deal hatched in Algiers. Big Oil braces for profit pain as refining safety net slips The world’s biggest oil companies, supported during crude’s collapse by a buoyant refining business, have lost that buffer as brimming fuel stockpiles swamp demand.