WorldOil Murkowski calls for adaptable Arctic leasing structure after Shell, Statoil exit Alaska offshore Proposed changes to federal rules regulating oil and natural gas activity on the Outer Continental Shelf and in the Arctic are necessary to create a predictable regulatory framework that supports safe exploration and American leadership in the Arctic, U.S. Sen. Lisa Murkowski (R – Alaska) said Tuesday. Oil steadies after worst month since July, as OPEC members gather Oil was little changed after its biggest monthly decline since July as OPEC ministers arrive in Vienna ahead of this week’s policy meeting. Texas land commissioner Bush intervenes in lawsuit against BLM Commissioner George P. Bush has announced the General Land Office (GLO) will intervene in the lawsuit challenging the federal government’s unconstitutional seizure and arbitrary taking of Texas Permanent School Fund (PSF) land along the Red River. Saudi oil minister pledges to listen to other OPEC members Saudi Arabia will discuss all issues at the OPEC meeting on Friday and listen to concerns of other members, said the nation’s Oil Minister Ali al-Naimi. Maersk Drilling secures contract for Maersk Venturer with Total Maersk Drilling has been awarded a contract for the drillship Maersk Venturer with oil major Total. Millionth tonne of oil produced at Prirazlomnoye field: Gazprom Neft The millionth tonne of oil has been produced at Prirazlomnoye field, Gazprom Neft, the field’s operator, said. Part of a consignment dispatched on the Mikhail Ulyanov tanker, it will be delivered to customers in North West Europe in early December. NOVATEK starts production at Yarudeyskoye oil field OAO NOVATEK has started commercial production at Yarudeyskoye oil field, which is expected to rapidly reach its planned daily production level equivalent to approximately 3.5 million tons of crude oil on an annualized basis. Wood Group strengthens specialist vibration service with key appointments Wood Group has appointed three senior engineering specialists who will lead a new team of up to 20 people in the UK to further build Wood Group’s capability in vibration, dynamics and noise. INEOS completes deal to acquire DEA UK North Sea gas fields INEOS has completed the purchase of the North Sea natural gas assets of DEA Deutsche Erdoel AG, which is owned by L1 Energy. Statoil to divest interest in Trans Adriatic Pipeline Following the divestment of its share in the Shah Deniz gas field in Azerbaijan, Statoil has agreed to sell its 20% interest in Trans Adriatic Pipeline AG to the Italian gas infrastructure company Snam SpA for a total consideration of $220.4 million (EUR 208 million). DNV GL presents DSIC with world’s first AiP for LNG-fuelled VLCC design DNV GL has presented Dalian Shipbuilding Industry Company Limited (DSIC) with an Approval in Principle (AiP) certificate for a new LNG-fuelled very large crude carrier (VLCC) design at the first day of the Marintec China trade fair.