OTC Asia 2026

Drilling

Equinor awards COSL Offshore Management two drilling contracts worth $369 million

Drilling
Equinor has awarded COSL Offshore Management AS two contracts and will employ COSLPromoter and COSLInnovator on the Norwegian continental shelf. The contract values are calculated at...

Neptune Energy begins drilling at first Egyptian exploration well

Drilling
Neptune Energy announced drilling operations have begun at its operated Yakoot exploration well, located in the North West El Amal Concession in the southern...

Prospera Energy launches ten-well modular multi pad infill drilling program to increase production

Drilling
Prospera announced the spudding of the first horizontal well of the ten well modular multi-pad infill drilling program in the latter part of this...

Saudi Arabia’s NEOM hydrogen mega-project cost soars to $8.5 billion

Drilling
The budget of Saudi Arabia’s NEOM hydrogen project that is expected to tap massive green power capacity, has soared by 70% to a whopping...

Uganda expects oil production by 2025 with new drilling activity

Drilling
Uganda has begun drilling operations in its controversial Kingfisher oil field, according to Associated Press. The country expects to start oil production as soon...

Falcon Oil & Gas completes successful drilling operations in Australia

Drilling
Falcon Oil & Gas Ltd. announced that drilling operations, including casing and cementing, at the Amungee NW-2H (“A2H”) well have been successfully completed. The A2H...

CNOOC Starts Production From Second Project

Drilling
Chinese energy major CNOOC has started production from the Kenli 6-1 Oilfield 5-1, 5-2, 6-1 Block Development Project. The project is in the southern part...

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