OTC Asia 2026

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      EIA projects $43 oil, flat U.S. production in the first half of 2021

      Exploration Development
      The U.S. Energy Information Administration reported that a record 12.9 million barrels per day (bpd) of crude oil was produced in the United States...

      Saudi Arabia sets its sights on hydrogen export leadership

      Exploration Development
      The world’s biggest oil exporter has set its sights on also becoming the largest supplier of hydrogen, a fuel seen as pivotal for curbing...

      UK oil and gas sector confidence plunges to record lows

      Drilling
      Reduced activity levels, project cancellations and workforce cuts as a result of the coronavirus pandemic have slashed business confidence across the UK’s oil and...

      Repsol to wind down oil exploration, focus on renewables growth

      News
      Repsol SA will reduce its dividend next year as it outlined plans to wind down the search for oil and expand its renewable capacity...

      ADNOC taps Chinas BGP for world’s largest 3D onshore/offshore seismic survey project

      News
      ADNOC announced the award of a contract worth up to $519 million to further expand the scope of the world’s largest combined 3D onshore...

      Equinor lets contract for Valemon drilling in North Sea

      Drilling
      Equinor let a contract to Noble Drilling Norway AS to drill three wells at Valemon gas and condensate field in the northern part of...

      Noble Lloyd Noble to drill at Valemon

      Drilling
      Noble Drilling Norway AS has been awarded a contract for drilling three wells at the Valemon field from the summer of 2021, applying the...

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