Projects
12 Feb, 2025
China National Offshore Oil Corporation (CNOOC) has commenced production at the Bozhong 26-6 oilfield development project, located in central Bohai Bay.
This marks a significant milestone for the company, as the oilfield is recognised as the world’s largest metamorphic buried hill oilfield.
With proven oil and gas reserves exceeding 200 million cubic metres, the project underscores CNOOC's... more
Business and Finance
07 Feb, 2025
Romanian oil and gas giant OMV Petrom, majority-owned by Austria's OMV, has reported a substantial 57 per cent decrease in its fourth-quarter adjusted operating profit.
The company attributes this decline to regulatory impacts on gas and power, as well as weaker commodity prices.
OMV Petrom faced additional challenges including lower oil prices, reduced sales volumes, and declining refining ... more
Trending
06 Feb, 2025
In order to confront the challenges and risks of subsea production systems, a number of advanced approaches are available to operators seeking untapped energy resources.
Responsible for designing, building, installing and maintaining the underwater components needed to produce fossil fuels, subsea operators adopt a number of technologies based on the specific requirements of any given project.
... more
Events
25 September 2024-27 September 2024
The 20th Anniversary Edition of Oil & Gas Asia (OGA) takes place on 25-27 September 2024, at the Kuala Lumpur Convention Centre, bringing together industry leaders, policymakers, and innovators to drive transformative change and propel the energy value chain.
Established in 1987, OGA is recognised as one of the region’s most influential and successful energy events, showcasing the latest te... more
27 May 2025-28 May 2025