OTC Asia 2026

Middle East & South Asia

      Iran to spend up to $4.8 billion from sovereign fund development on oil

      Middle East & South Asia
      Iran will withdraw up to $4.8 billion from its sovereign wealth fund to spend on developing its oil and gas fields next fiscal year...

      Aminex says South Malak-2 declared discovery well in Egypt

      Exploration Development
      The Egyptian Ministry of Petroleum has declared the South Malak-2 (SM2) well at the West Esh el Mellaha-2 concession in the country as a...

      Power consortium for Ghana 1000 project signs LNG supply deal with Shell

      Downstream
      Endeavor Energy, General Electric (GE), and their consortium partners, have agreed to a supply term sheet with Shell and entered into exclusive sale and...

      Saudi to hike April crude OSPs for Asia

      Downstream
      Top oil exporter Saudi Arabia is expected to raise the official selling price (OSP) for most of its crude grades to Asia in April,...

      Shell sell OML 29 in Nigera for $1.7bn

      Downstream
      Royal Dutch Shell has sold its stake in Nigeria's oil mining lease (OML) 29 to Aiteo Eastern E&P Company for $1.7bn. The sale, which...

      Milbank advises lenders on $5.2bn expansion of Saudi Arabia petrochemical plant

      Downstream
      Milbank, Tweed, Hadley & McCloy has advised lenders on the $5.2bn expansion financing for the PetroRabigh refining and petrochemicals project in Saudi Arabia. The...

      Shell sells 30% stake in Nigeria’s OML 18 for $737m

      Downstream
      Royal Dutch Shell has sold its 30% interest in the oil mining lease (OML) 18 in Nigeria to Eroton Exploration & Production Company for...

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