OTC Asia 2026

News

      Floating Storage And Regasification Unit (FSRU) Secured

      News
      Australian Industrial Energy (AIE) has secured a critical component of its Port Kembla Gas Terminal. The Floating Storage and Regasification Unit (FSRU) will be...

      Aker BP starts production in the Ivar Aasen field in the Norwegian North Sea

      Europe
      Aker BP has produced first oil from the Ivar Aasen field in the northern Norwegian North Sea. Start-up was within budget and on schedule, four...

      Oil rigs in U.S. climb as shale drillers face OPEC challenge

      Drilling
      HOUSTON (Bloomberg) -- The boom in U.S. oil production will live to see another week. The nation’s crude explorers, engaged in a pricing war...

      Maersk sells drilling barge activities in Venezuela

      America
      Maersk Drilling has sold its drilling barge activities in Venezuela to Panama-based investment company Barrystar Holding. The activities, registered to Maritime Contractors Venezuela (MCVSA), include...

      Gas reserves increase at Aphrodite offshore Cyprus

      Drilling
      TEL AVIV, Israel – Delek Drilling says a review has raised estimated natural gas and condensate resources in the deepwater Aphrodite reservoir offshore Cyprus....

      LGO completes drilling at fifth Goudron well onshore Trinidad

      America
      Leni Gas & Oil (LGO) has announced that well GY-668, the fifth of its planned 30 new development wells at the Goudron Field in...

      Lundin starts 33/12-10 S exploration well drilling in Norway

      Drilling
      Lundin Petroleum has commenced drilling on the 33/12-10 S exploration well in PL631on the Vollgrav South prospect in the northern-region of the North Sea,...

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