HAL/BHI Stockholders Approve Merger

Special meetings determined the shareholders’ votes. The merger of Halliburton and Baker Hughes is scheduled to close in the second half of 2015, subject to regulatory approvals.

UK North Sea Workers Strongly Support Strike Ballots

Unite and GMB members voted strongly for an official strike action ballot over shift and pay grievances, Reuters said. A GMB spokesman said an electoral register will be compiled.

Chevron Will Exit Australian Shale Gas

Chevron Global Energy Inc. will sell its stake in refiner Caltex Australia Ltd., Business Wire said. Bloomberg said this marks Chevron’s exit from shale gas in Beach Energy’s Nappamerri Trough.

ConocoPhillips Might Sell Some Western Canada Assets

Bank of Nova Scotia will advise ConocoPhillips’ sale of about 20% of non-oil sands properties in Western Canada, Bloomberg said. About 35,000 barrels of oil equivalent per day is produced.

Coutinho Appointed As President of Petrobras’ Board Of Directors

Economist Guido Mantega resigned as president of the board of directors at Petrobras on March 23.  Luciano Galvão Coutinho was elected president. He has been a board member since 2008.

Indonesia’s Pertamina Will Operate Mahakam Block In 2018

Pertamina plans to invest around $2 billion annually into Mahakam, if given control. Target output is 1.2 Bcf/d to 1.5 Bcf/d of gas, Reuters said. 

Santos Hits Oil In Malaysia

The discovery was made at the Bestari-1 exploration well in the deepwater Block R production-sharing contract and is being evaluated with a view to planning an appraisal campaign.

Benthic Receives Sea Lion Field Geotechnical Survey Contract

Offshore geosciences company Benthic received a contract to conduct a geotechnical investigation in the Sea Lion Field in the Bass Strait offshore southeastern Australia from Carnarvon Hibiscus Pty Ltd.  

Schlumberger Pleads Guilty To Violating US Sanctions On Iran, Sudan

The U.S. Justice Department said on Wednesday that a subsidiary of Schlumberger Oilfield Holdings had pleaded guilty to violating U.S. sanctions related to Iran and Sudan and would pay a $237.2 million fine.

Kremlin: Russia Deciding Private Companies’ Offshore Work

An existing law stipulates that only state energy majors Rosneft and Gazprom can explore offshore fields, but Lukoil, Russia's No.2 oil producer, calls for allowing private firms, Reuters said.

Mexico Modifies Shallow-Water Exploration PSCs

Mexico’s initial production sharing contracts will contain extended exploration periods for 14 shallow-water projects, Reuters said. Companies can meet test well requirements, said the head of Mexico’s national hydrocarbons commission. 

Shell Will Cut More UK North Sea Jobs This Year

Royal Dutch Shell is cutting about 250 UK North Sea operations staff and agency contractors, Reuters said. In August, 250 were cut. Other large E&Ps cut their North Sea staff.

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