OTC Asia 2026

Production

OKEA prepares for its first drilling operation to target further upside potential within and surrounding the Draugen field

Drilling
OKEA has on behalf of PL093, secured the semi-submersible rig Deepsea Nordkapp to drill for upside opportunities within and surrounding the Draugen field. The...

McDermott Awarded EPC Contract by ENI Mexico for Amoca Field Offshore Mexico

America
McDermott International, Inc. announced the award of a contract by ENI México for engineering, procurement and construction of wellhead platform one (WHP1) to be...

Chevron awards Archer new platform drilling and maintenance services contract for the Alba Northern and Captain platforms

Drilling
Archer Limited announces that Archer (UK) Limited is awarded a new five-year firm contract with two times one year options for the provision of...

Total launches full-field production on Kaombo with the start-up of the second FPSO

Africa
Total has started up production on Kaombo Sul, the second Floating Production Storage and Offloading (FPSO) unit of the Kaombo project, located on Block...

ExxonMobil to increase, accelerate Permian output to 1 million barrels per day by 2024

Production
ExxonMobil said it has revised its Permian Basin growth plans to produce more than 1 million oil-equivalent barrels per day by as early as...

PetroRio operator of Frade field in Northern Campos basin of Brazil

America
PetroRio SA is now operator of Frade field, a heavy oil and gas field in Brazil’s Northern Campos basin, following the close of its...

WoodMac: EOR could boost US tight oil output 3 million b/d by 2030

Market Reports
Additional volumes from enhanced oil recovery (EOR) slated to come on stream after 2020 could boost tight oil production in the US by 1.5-3...

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