OTC Asia 2026

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      Wintershall to quit gas exploration in Qatar

      BASF subsidiary Wintershall is set to end its gas exploration operations in Qatar due to a lack of access to local infrastructure. The German company...

      Inpex’s $34bn Ichthys LNG project due to open in late-2016

      Japanese oil company Inpex has announced that its $34bn Ichthys project is set to open in late-2016. Inpex chief executive Toshiaki Kitamura told the...

      Crude oil prices recover larger fall in US crude stocks

      Prices of crude oil have recovered following reports of larger than expected drawdown of crude stocks in the US and strong economic data from...

      Kizomba Satellites Phase 2, Angola

      Kizomba Satellites Phase II involves development of the Kakocha, Bavuca and Mondo South satellite fields located within Block 15, approximately 150km off the coast...

      Environmental groups in South Carolina appeal against seismic gun tests for oil and gas

      Charleston, Folly Beach and Beaufort cities in South Carolina have joined an appeal filed against the first permit to allow for seismic guns to...

      Statoil claims Gudrun pipeline leak in North Sea could have been ‘fatal’

      Statoil has completed its investigation into the leak that occurred on the Gudrun platform in the North Sea in February, stating that it...

      Kosmos Energy encounters additional hydrocarbons offshore Mauritania

      Kosmos Energy has announced that the Tortue-1 exploration well offshore Mauritania has encountered additional hydrocarbons while drilling to depths of 5,100m. The well in...

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

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