WorldOil DNV GL study calls for technology improvements to reduce costs for Barents Sea developments OG21 has received the DNV GL study of technologies that should be developed for year-round oil and gas production at 74 degrees North in the Norwegian Barents Sea. qedi wins commissioning contract from Apache North Sea qedi, Amec Foster Wheeler's completions and commissioning provider, has been awarded a commissioning contract from Apache North Sea for the brownfield modifications on all their North Sea assets. Eni’s Zohr find no barrier as Israel starts Egypt gas export talks Israel’s natural gas companies have started talks about exporting gas to Egypt, three months after the largest ever natural gas discovery in Mediterranean waters seemed to threaten regional sales. Ecopetrol names new executive V.P. Ecopetrol's board of directors has elected Felipe Bayon Pardo as the new executive V.P. of the company. BG starts commercial operations from second train at Queensland Curtis LNG BG Group has started commercial operations from the second train at its Queensland Curtis LNG (QCLNG) plant. China oil giants seek asset sales as clock ticks to year-end China’s biggest energy companies are seeking to unload assets and urging workers to cut costs in a last- minute rush to meet annual government-set growth targets as lower crude prices drag down earnings. Ophir Energy said to receive merger interest amid oil slump Ophir Energy Plc, the U.K. oil and gas explorer active in Africa, has received informal takeover and merger interest from several parties as a slump in crude oil prices forces independent operators to consolidate, according to people with knowledge of the matter. Mexico reaps record $6.4 billion in oil hedge win, minister says Mexico is reaping record financial returns from its oil hedge this year. Introducing the new OPEC member that likes lower oil prices After defending the interests of oil- exporting nations for five decades, OPEC has made a surprising choice with its newest member: a country that consumes about twice as much crude as it pumps. U.S. Water strengthens presence in southeastern United States with acquisition ST. MICHAEL, Minnesota – U.S. Water, an ALLETE company, has announced the acquisition of A and W Technologies. University of Houston’s petroleum engineering program marks major milestone The University of Houston’s petroleum engineering program—started in 2009 with just 20 undergraduate students—has been elevated to a full department within the UH Cullen College of Engineering.