OTC Asia 2026

Africa

      BP and Dana acquire Egypt offshore acreage

      Dana Gas has announced that its wholly owned subsidiary, Dana Gas Egypt, has been awarded the North El Salhiya (Block 1), whilst Dana and...

      CGG signs deal to start offshore multi-client programme in Gabon

      French geoscience company CGG has signed an agreement with the Gabonese Ministry for an offshore multi-client survey programme.   The agreement with the Ministère...

      Azonto Petroleum seeks exploration extension for Accra Block, offshore Ghana

      West Africa-focused oil and gas firm Azonto Petroleum has applied to further extend the exploration period for the Accra Block, offshore Ghana. The Accra Block...

      Oil increase above $97 amid US strikes against IS targets in Syria

      The price of Brent crude increased above $97 a barrel on Tuesday amid strikes against Islamic State targets in Syria by the US and...

      Petroceltic and Edison JV secures North Port Fouad Block in Egypt

      A Petroceltic International and Edison International joint venture (JV) has secured the North Port Fouad Block licence, located offshore Nile Delta, Egypt.   The...

      Eni makes new oil discovery in Block 15/06 offshore Angola

      Eni has made the tenth commercial oil discovery at the deepwater Ochigufu exploration prospect in Block 15/06 offshore Angola. The company estimates the new discovery...

      Mitsubishi to acquire 20% stake in Ivory Coast offshore oilfield

      Mitsubishi has agreed to acquire a 20% ownership interest in an offshore oilfield offshore Ivory Coast from Anadarko Petroleum.   The company will buy...

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      Enterprise SSD: More Than Just a New Kind of Hard Drive

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      Efficiency, Visibility and Reliability Keys to lower costs and greater profitability in oil and gas operations

      Falling oil prices and collapsing profit margins are driving the industry to lower costs. Reducing labor costs and gaining supplier concessions can help, but...

      Don’t Miss the Unconventional Resource Revolution’s Next Wave

      It's s time for operators developing North America's  unconventional oil and gas reservoirs to embrace a new business model. Today, the typical business model...