OTC Asia 2026

Downstream

      Equinor awards $531 million in service agreements to ABB, Siemens Energy

      ABB AS and Siemens Energy AS have been awarded framework agreements on April 7 to provide electrical equipment on all Equinor’s installations on the...

      Siemens Energy to electrify first-of-its-kind biorefinery in Germany

      The Finnish company UPM-Kymmene selected Siemens Energy to supply electrification, automation, and digitalization (EAD) packages for a next-generation biorefinery currently under construction in Leuna,...

      Brazil’s 3R, Global bid for Petrobras refinery and oilfields

      Consortia led by Brazil's 3R Petroleum Oleo e Gas SA and private equity firm Seacrest Capital have submitted binding offers for a refinery and...

      Baker Hughes to expand carbon utilization portfolio with power-to-gas solution

      Baker Hughes, an energy technology company, has announced an investment in Electrochaea, a growth stage company developing novel proprietary bio-methanation technology. Through its investment, Baker...

      Shell inks $380 million deal for its Malampaya, Philippines gas field

      Shell Petroleum N.V. has signed an agreement with Malampaya Energy XP Pte Ltd (a subsidiary of Udenna Corporation), for the sale of its 100%...

      Dutch government invites Shell, Exxon to join $2.6B subsea carbon storage plan

      The Dutch government has told a consortium of companies including Royal Dutch Shell Plc and Exxon Mobil Corp. that it will spend as much...

      State Gas begins Rolleston West CSG project drilling

      State Gas Ltd., Brisbane, has begun drilling the first well at its Rolleston West coal seam gas project in the Bowen basin of southeast...

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

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      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...