Exploration
News
May 04, 2026
South Sudan has declined to renew Oranto Petroleum’s Block B3 exploration license after a performance review found unmet seismic, drilling and financial obligations.
Article
April
New advances in intelligent imaging-while-drilling eliminate the traditional tradeoff between drilling speed and subsurface insight. By delivering decision-quality images in real time and integrating multiple measurement streams, operators can reduce uncertainty, accelerate decisions and protect long-term well value.
News
April 17, 2026
The U.S. Bureau of Land Management will hold a 2026 lease sale in Alaska’s Arctic Coastal Plain, advancing federal efforts to expand oil and gas development.
News
April 08, 2026
U.S. Bureau of Land Management (BLM) oil and gas lease sales generated $592.7 million in total receipts during the first quarter of 2026, reflecting continued federal leasing activity across multiple basins and a renewed sale in Alaska’s National Petroleum Reserve.
News
March 19, 2026
Oil companies including ExxonMobil and ConocoPhillips bid $163 million in a record lease sale in Alaska’s National Petroleum Reserve, signaling renewed upstream interest following policy changes and expanded access to federal acreage.
News
March 10, 2026
Chevron has appointed exploration veteran Emmanuelle Garinet as Director of Exploration for the Americas and Sub-Saharan Africa, strengthening the company’s strategy to pursue new upstream discoveries across frontier African basins, the Gulf of Mexico, Guyana and other key global oil provinces.
Article
February
While the U.S. market remains flat, international E&P remains a source of optimism, with a number of large-scale and long-term projects under way in some places. Out of eight regions, seven will have increased drilling during 2026. Offshore activity will again fare better than onshore work, particularly in deepwater plays.
Article
January
A growing list of new initiatives—originating in governments and private companies—aims to push forward with Arctic oil and gas exploration and development. What do these moves mean for the Arctic’s future, and for the future of global hydrocarbons?
News
February 10, 2026
Queensland has awarded new exploration acreage in the Taroom Trough and Cooper-Eromanga basin to boost domestic natural gas supply as east coast shortages loom later this decade. The move aims to support upstream investment and address declining production from aging fields.
News
February 05, 2026
Turkey and Chevron have signed an agreement to jointly pursue global oil and gas exploration and production opportunities, expanding cooperation between the U.S. major and state-run TPAO as Ankara seeks to boost energy security and upstream output.
News
February 03, 2026
TotalEnergies and Kuwait Oil Company have signed a memorandum of understanding to strengthen technical cooperation and advance studies related to potential exploration opportunities in Kuwait.
News
February 02, 2026
Namibia’s push toward first oil is being driven by partnerships and dealmaking across its offshore basins. Farm-ins, portfolio reshuffling and joint appraisal programs at Venus and Mopane highlight growing confidence in the country’s deepwater potential as operators work to de-risk projects and accelerate development timelines.
News
January 28, 2026
Nigeria has included four frontier oil blocks in the Lake Chad basin in its latest licensing round, despite ongoing security challenges in the region, as the country seeks to boost reserves and raise crude output toward long-term production targets.
News
January 27, 2026
India is targeting up to $100 billion in upstream investment by opening new acreage and accelerating drilling, as it seeks to curb oil imports and strengthen long-term energy security.
News
January 20, 2026
Turkey’s state oil company is in talks with Chevron on potential joint oil and gas exploration, signaling Ankara’s push to expand upstream production and reduce reliance on energy imports. Discussions could involve seismic studies and drilling as U.S.–Turkey energy ties continue to warm.
News
January 09, 2026
Oil executives struck a cautious tone on Venezuela during Friday's White House meeting with President Trump, underscoring concerns over security, legal protections and investment risk—even as the administration presses to revive the country’s long-declining oil sector.
News
January 08, 2026
ExxonMobil, ConocoPhillips and other major U.S. oil firms are examining potential roles in Venezuela’s energy sector following the ouster of Nicolás Maduro, Energy Secretary Chris Wright said.
News
January 05, 2026
Touchstone Exploration has reported thick gas-bearing Herrera sands and a newly identified Karamat gas play at its Carapal Ridge-3 well in Trinidad, with completion and facility tie-in planned for early 2026.
News
December 30, 2025
Bollinger Shipyards has secured a contract to build four U.S. Coast Guard Arctic Security Cutters, advancing U.S. icebreaking capabilities and Arctic operational presence.
