Exploration
News
September 19, 2025
Nigeria’s NNPC Ltd. is accelerating upstream oil and gas growth with new production sharing contracts alongside TotalEnergies, crude supply agreements and gas pipeline progress. The company aims to attract $60 billion in upstream investment by 2030.
News
September 18, 2025
Oregen Energy has expanded its position in Namibia’s emerging Orange basin, one of the world’s most closely watched oil frontiers, as international operators ramp up appraisal and development efforts following a string of large discoveries.
News
September 17, 2025
Geoteric has signed a landmark agreement with PETRONAS Carigali to deploy AI-driven seismic interpretation software across its global portfolio. The partnership will accelerate hydrocarbon exploration, cut cycle times by up to 90%, and strengthen PETRONAS’ digital transformation strategy.
News
September 16, 2025
Aker BP is deepening its partnership with Cognite to deploy Cognite Atlas AI™, advancing its AI-first strategy in exploration and production. By harnessing agentic AI, Aker BP aims to boost efficiency, cut costs, and accelerate digital transformation across operations.
News
September 11, 2025
Pelican, Greenland Exploration, and March GL have merged to form Greenland Energy, advancing oil and gas drilling in Greenland’s Jameson Land Basin, a region long considered one of the most promising undrilled hydrocarbon basins in the Arctic.
News
September 10, 2025
MOL and O&GD have discovered a new oil field at a depth of approximately 2,400 m near Galgahévíz, Hungary. The well, named Galgahévíz-4, is capable of producing approximately 1,000 bopd, which is processed at the Danube Refinery in Százhalombatta.
News
September 09, 2025
Leading oil and gas operators in Angola, including ExxonMobil, TotalEnergies, Chevron, Sonangol and Cabship, reaffirmed their commitment to advancing Angola’s next phase of oil exploration and production at the Angola Oil & Gas 2025 Conference and Exhibition.
Article
August 2025
Seismic interpretation is about to get faster, smarter, and more connected. CMG Seismic Solutions is uniting Bluware, Sharp Reflections, and SeisWare into an open ecosystem that removes workflow bottlenecks, enables real-time collaboration, and transforms seismic insight into faster, more confident drilling and development decisions.
News
August 26, 2025
EnQuest along with its joint venture partners and the Government of Indonesia have signed Production Sharing Contracts (PSCs) for the Gaea and Gaea II exploration blocks, located in Papua Barat, Indonesia.
News
August 22, 2025
Perupetro on Friday announced a new strategy to increase hydrocarbons exploration in order to boost its domestic natural gas reserves. From 2037, Peru could be forced to import natural gas due to a decline in exploration and new discoveries.
News
August 22, 2025
Angolan oil producer Etu Energias is pursuing accelerated oil production in Angola, with advancements in onshore exploration and offshore development positioning it to achieve its 80,000 bpd goal.
News
August 19, 2025
Chevron plans to merge Hess' exploration team with its own to challenge “conventional thinking” and make new discoveries, Chief Executive Officer Mike Wirth said in an interview on Tuesday.
News
August 15, 2025
Algeria is close to finalizing a deal with ExxonMobil and Chevron to tap the North African nation’s vast gas reserves, including shale, for the first time, a senior official said.
News
August 08, 2025
Ammat Global Resources has announced an ambitious growth strategy for exploration and production in the Republic of Congo, aiming to increase the company’s oil and gas output by 70% over the next five years.
Article
July 2025
A year ago, the Suriname-Guyana basin’s outlook for hydrocarbons seemed straightforward: "deploy one FPSO annually, exceed nameplate capacity, and repeat." However, there are non-hydrocarbon factors that today could significantly influence the region, even before Suriname’s first oil.
News
August 05, 2025
Nigeria’s First Exploration and Petroleum Development Co. is eying gas exploration in East Africa, reflecting a wider push by the country’s energy companies to grow outside the home market.
News
July 31, 2025
The U.S. sealed a trade deal with Pakistan as their officials wrapped up talks in Washington, agreeing to develop oil reserves. The pact involves a reduction of the so-called reciprocal tariffs, especially on Pakistani exports, according to a statement.
News
July 29, 2025
Enverus Intelligence® Research (EIR) has released a report accessing how the One Big Beautiful Bill Act (OBBA) impacts the equalization of 45Q tax credits, especially as it enhances the economics of carbon dioxide enhanced oil recovery (CO₂-EOR.)
News
July 18, 2025
Ghana’s oil and gas sector is showing signs of resurgence, underscored by Eni’s recent declaration of commerciality for the Eban-Akoma offshore development, and the recent license extension secured by Tullow Oil and partners for the Jubilee and TEN fields.
News
July 09, 2025
Hess will relinquish Block 59 in offshore Suriname effective July 8, 2025. The block will return to Staatsolie and become part of the open acreage. Hess fulfilled its minimum work obligations and has decided not to move forward to the next phase of the exploration period, Staatsolie said in a statement.
