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Shell announces today that production has started from the Stones development in the Gulf of Mexico. Stones is expected to produce around 50,000 barrels of oil equivalent per day (boe/d) when fully ramped up at the end of 2017.
Hatch is pleased to announce that Indisa S.A., a leading engineering firm with over 37 years’ experience in Colombia and Mexico, has joined the Hatch Group of Companies.
Woodside advises that it has entered into binding Sale and Purchase Agreements to acquire half of BHP Billiton’s Scarborough area assets in the Carnarvon Basin, located offshore Western Australia.
Rosneft and China National Chemical Corporation (ChemChina) signed on the sidelines of the negotiations between the President of the Russian Federation Vladimir Putin and the President of the People's Republic of China Xi Jinping the Agreement setting out the framework for further implementation of the Far-Eastern petrochemical company (FEPCO) project and the establishment of a joint venture (JV).
Rosneft and PTT Public Company Limited (Thailand) signed a Cooperation Agreement at the Eastern Economic Forum. The document was signed by Rosneft Chief Executive Officer Igor Sechin and PTT Public Company Limited President and Chief Executive Officer Tevin Vongvanich.

Barents – We Must Explore To Find

Statoil - 29 August 2016
Statoil aims to conduct a major exploration campaign in several parts of the Barents Sea in 2017. The company is also strengthening its position in the area through several transactions with other companies.
Statoil and Petrobras took a step forward in strengthening their cooperation in Brazil by signing a Memorandum of Understanding (MoU).
Wood Group has been awarded a new engineering services framework agreement by DONG Energy, to support their oil & gas assets across the Danish, Norwegian and UK continental shelves.
Following an extensive, multi-year test program of Shell’s Ormen Lange Pilot, GE Oil & Gas is proud to announce that A/S Norske Shell has successfully completed system testing of the world’s first subsea gas compression system with a full subsea power supply, transmission and distribution system that further advances the development of hydrocarbon processing on the seabed.
Wood Group has been awarded the detailed design scope of the subsea tie-back from the Utgard gas and condensate field to the Sleipner facilities, in the Norwegian North Sea. The $1million workscope is the first call off under the master service agreement (MSA) signed in May 2016.