Asia Pacific

The ASEAN Council of Petroleum and Energy and SPE have taken a step toward deeper regional collaboration, formalizing a Memorandum of Cooperation at OTC Asia 2026. The agreement signals a shared commitment to advancing energy security, sustainability, and technical excellence across ASEAN through expanded knowledge exchange and workforce development.

PTTEP and SPE formalized a new partnership at OTC Asia 2026 to advance technical knowledge, professional development, and collaboration across the energy sector. The agreement aims to turn global expertise into practical solutions for inspection, maintenance, and asset integrity—key priorities in an evolving industry.

OTC Asia 2026 kicked off on 31 March, hosted by Petronas, uniting global energy leaders, innovators, policymakers, and industry professionals. The event features strategic dialogues on energy trends, panels, and technical sessions on cutting-edge offshore technologies, and an expansive exhibition spotlighting advanced upstream solutions, digitalization, low-carbon app…

The rise in China’s gas production, now exceeding that of Qatar and of Australia, is also limiting growth in its LNG demand.

The Spotlight on New Technology Awards recognize breakthrough innovations that demonstrate significant technical advancement and potential impact across the offshore energy value chain. The awards will be presented during OTC Asia, 31 March–2 April, in Kuala Lumpur, Malaysia.

The authors describe the effectiveness of an electromagnetic look-ahead service while drilling in terms of providing accurate formation profiles ahead of the bit to optimize geostopping efficiency.

Changgui Xu will receive the 2026 Individual Distinguished Award, and CNOOC will receive the 2026 Institutional Distinguished Award.

The agreement follows the discovery of 724 million BOE in unconventional oil and gas reserves in November.

Big projects are expected to add oil and gas to the energy mix in some regions while maturing basins contribute to drops in other areas.

The $26-million project will serve as a collaborative hub for research, engineering, and testing.