OTC Asia 2026

Press Releases

      MOTOR oil agreement with Otto Energy (Tanzania) Pty Limited for extraction of hydrocarbons in the concession

      Europe
      MOTOR OIL SA announces that the company MV Upstream Tanzania Limited reached an agreement in principle with the company Otto Energy for the acquisition...

      L&T Hydrocarbon Led Consortium Wins Contract Valued Over USD 1.6 Billion from Saudi Aramco

      Exploration Development
      L&T Hydrocarbon Engineering , fully owned subsidiary of Larsen & Toubro, in consortium with EMAS CHIYODA Subsea 1,a 50:50 joint venture company owned by...

      SABIC and EXXONMOBIL evaluating petrochemical joint venture on u.s. Gulf coast

      Exploration Development
      SABIC and an affiliate of Exxon Mobil Corporation are considering the potential development of a jointly owned petrochemical complex on the U.S. Gulf Coast....

      Eni successfully restarts exploration activities in Tunisia

      Africa
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      Statoil completes efficient exploration drilling campaign offshore Newfoundland

      America
      Statoil, along with its partners, has finalized a 19-month exploration drilling program offshore Newfoundland.   The purpose of the drilling program was to increase the robustness...

      Saudi Aramco, ADNOC, and Masdar Sign MoUs on Collaboration in Oil & Gas Technology

      Exploration Development
      Saudi Arabian Oil Company (Saudi Aramco) today signed two separate Memorandums of Understanding with Abu Dhabi National Oil Company (ADNOC) and with Masdar, Abu...

      Wood Group secures design contract for Statoil’s Snorre Expansion Project (SEP)

      Europe
      Wood Group has been awarded a contract with Statoil to provide front end engineering design (FEED) to the subsea flowline system of the Snorre...

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