OTC Asia 2026

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      Statoil and SSE expand long-term gas supply deal for UK

      Downstream
      British energy company SSE has signed a long term gas supply deal with Norwegian oil and gas producer Statoil to source about third of...

      ExxonMobil to expand crude processing capacity for Beaumont Refinery in Texas, US

      America
      US based oil and gas firm ExxonMobil intends to expand its domestic crude processing capacity at Beaumont Refinery by 20,000 barrels of oil per...

      Atlantic Petroleum to pull-out of Statoil-operated licence in Norwegian Sea

      Europe
      Atlantic Petroleum has announced its withdrawal from Statoil-operated licence PL602 in the Norwegian Sea.The company has also announced the farm down of the license...

      Sterling Energy to acquire interest in Block C-10 offshore Mauritania

      Africa
      Sterling Energy Mauritania (SEML) has signed an agreement with Tullow Mauritania to acquire a 13.5% interest in the production sharing contract for Block C-10,...

      California approves legislation to protect new offshore oil development near Tranquillon Ridge

      America
      The Californian Senate has passed a new law to ban new offshore oil drilling in a nearby marine protected area in the Santa Barbara...

      International Western Petroleum acquires interest in two oil assets in Texas, US

      America
      US based International Western Petroleum (IWP) has completed acquisition of working interests in two multi-well production assets in the Bend Arch region of Texas...

      GE wins order to deliver turbomachinery for TANAP pipeline project

      Downstream
      US based General Electric's oil and gas unit has secured contract to supply advanced turbomachinery for the first phase of the Trans-Anatolian Natural Gas...

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

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