OTC Asia 2026

Production

CNOOC Limited Announces Penglai 19-3 Oilfield Area 4 Oilfield Phase II Project Commences Production

CNOOC Limited announced that Penglai 19-3 oilfield area 4 adjustment/Penglai 19-9 oilfield phase II project has commenced production. The Penglai 19-3/19-9 oilfields are located in...

Shell and partners add pre-salt production in Brazil

Consortium announces oil and gas production start at P-68 FPSO located at BM-S-11-A concession in Berbigão, Sururu, and West Atapu; unit can process up...

Libra Consortium signs contract for second definitive production system of Mero field

Petrobras, the Libra Consortium operator, signed a contract on Monday (10/6) with the SBM Group to charter and operate the second definitive production system...

Expro awarded significant contract in India

Leading international oilfield services company, Expro, has been awarded a multi-million dollar contract for Hindustan Oil Exploration Company Ltd (HOEC) in Mumbai, India. The seven-year...

Sempra LNG and Aramco Services Company sign heads of agreement for Port Arthur LNG

Sempra Energy and Saudi Aramco announced their respective subsidiaries, Sempra LNG and Aramco Services Company, have signed a heads of agreement (HOA). The HOA anticipates...

Norway approves PDO of $4.7bn Johan Sverdrup phase 2 project

The plan for development and operation (PDO) of the second phase of the Johan Sverdrup field development was formally approved by Norwegian authorities on...

USA: LNG production starts up at Cameron LNG export terminal in Louisiana

The start-up of the LNG production marks an important milestone for the Cameron LNG project. This achievement is the result of work carried out...

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White Papers

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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...

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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...