OTC Asia 2026

Exploration Development

Canada restarts 200,000+ barrels of shut-in oil sands production

Exploration Development
At least 20% of shut-in Canadian production is being restored, just months after the price crash forced producers in Alberta’s oil sands to slash...

Sweden’s Tethys Oil signs exploration and production agreement for Omani block

Exploration Development
Oman has signed an exploration and production sharing agreement with Swedish firm Tethys Oil for its onshore block 58, the company said. The block is...

CNOOC Limited Announces a Significant Discovery of Huizhou 26-6 in Eastern South China Sea

Exploration Development
CNOOC Limited announced that the Company made a significant discovery of Huizhou 26-6 in Eastern South China Sea. It is expected to become the...

Petronas hires Maersk semi-submersible for Suriname exploration

Exploration Development
Malaysian oil company Petronas has selected Danish drilling rig operator Maersk Drilling’s deepwater semi-submersible drilling rig Maersk Developer for work off the coast of...

Qatar Petroleum to continue North Field expansion gas projects

Exploration Development
Qatar Petroleum’s North Field expansion projects will be continued, said the state-owned company’s president and CEO and minister of state for energy affairs Saad...

Bahamas Petroleum signs rig contract for exploration well

Exploration Development
Explorations and production firm Bahamas Petroleum Company (BPC) has signed an offshore drilling rig contract with Stena Drilling to use its drilling rig for...

Alexey Miller and Serbian Ambassador Slavenko Terzic discuss continuing expansion of Serbia’s gas transmission infrastructure

Exploration Development
A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Slavenko Terzic, Ambassador Extraordinary and Plenipotentiary of the Republic of Serbia to the...

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