OTC

Ir Mohd Yusri Mohamed Yusof spoke with JPT about the national oil company’s carbon capture and storage efforts, the value of cross-border cooperation, and his expectations for OTC Asia, to be held 31 March–2 April 2026 in Kuala Lumpur.

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.

President Ali will be joined by a delegation from Guyana, including the Hon. Vickram Bharrat, Minister of Natural Resources.

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

Wafik Beydoun will receive the 2026 Individual Distinguished Award, and Brava Energia will receive the 2026 Institutional Award.

Production from the Búzios field now tops 1 million B/D with six floating production systems in operation and more on the way.

By closely monitoring its subsea boosting system, Shell extended maintenance intervals and safely postponed pump replacement at its ultradeepwater Stones field.

Successful in other applications, self-healing coatings could be the oil industry’s ticket to fighting corrosion and extending the life of steel.

Shell became the first international company to operate producing fields offshore Brazil and the first to navigate the country’s complex and detailed decommissioning permitting process, which involved extensive environmental assessments, regulatory approvals, and coordinated stakeholder engagement.

In the wake of the falling number of exploratory wells in the country, Brazil-owned Petrobras addressed audience concerns as well as outlined new avenues for production at the Offshore Technology Conference.