OTC Asia 2026

Press Releases

      BP Plc expanding LNG plant in Indonesia

        BP, on behalf of Tangguh Production Sharing Contract Partners, announced that the Final Investment Decision has been approved for the development of the Tangguh...

      Chevron and JOVO subsidiaries sign LNG supply agreement

      Chevron to supply 0.5 million metric tons of liquefied natural gas annually for five years.                  ...

      Noble Energy’s Gunflint Production Starts Firing in US Gulf

      Noble Energy, Inc. announced that it has recently commenced production at the Company's Gunflint oil development in the deepwater Gulf of Mexico. The two-well field...

      BHP Billiton approves $2.2 billion for US Mad Dog oil project

      BHP Billiton announced that the Board has approved expenditure of US$2.2 billion for its share of the development of the Mad Dog Phase 2...

      Total Starts Up Production of the Giant Egina Field

      Total has started up production on December 29, 2018 from the Egina field, located in around 1,600 meters of water depths, 150 kilometers off...

      Statoil increases value of Johan Sverdrup

      Statoil and partners further increase the value of the Johan Sverdrup field as a result of continued high quality in project execution, good drilling...

      Shell starts production at Stones in the Gulf of Mexico

      Shell announces that production has started from the Stones development in the Gulf of Mexico. Stones is expected to produce around 50,000 barrels of oil...

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

      Falling oil prices and collapsing profit margins are driving the industry to lower costs. Reducing labor costs and gaining supplier concessions can help, but...

      Don’t Miss the Unconventional Resource Revolution’s Next Wave

      It's s time for operators developing North America's  unconventional oil and gas reservoirs to embrace a new business model. Today, the typical business model...