Exploration
News
February 17, 2026
Eni has discovered significant gas and condensate volumes offshore Côte d’Ivoire at the Murene South-1X well in Block CI-501, confirming the potential of the Calao channel complex.
News
February 16, 2026
Chevron has been awarded four offshore exploration blocks in Greece, expanding its Mediterranean portfolio and launching seismic programs to evaluate hydrocarbon potential south of Crete and the Peloponnese.
News
February 14, 2026
Azule Energy has discovered a potential 500-million-barrel offshore oil accumulation in Angola’s Block 15/06, with appraisal planned to determine recoverable volumes and development options near existing infrastructure.
News
February 11, 2026
MOL Group has entered Libya’s upstream sector through a joint venture with Repsol and TPAO to explore the deepwater O7 offshore block in the Mediterranean, marking its latest international expansion and strengthening North Africa exploration activity.
News
February 09, 2026
Namibia’s government says it was not notified of TotalEnergies’ planned acquisition of a major offshore exploration stake alongside Petrobras, complicating the latest deal in the fast-growing Orange basin and underscoring regulatory sensitivities as the country moves toward first oil.
News
February 06, 2026
TotalEnergies has agreed to acquire a 42.5% operated interest in Namibia’s offshore PEL104 exploration license, expanding its position in the Lüderitz basin as the company advances development and appraisal activities across its growing Namibia portfolio.
News
February 02, 2026
OKEA and partners reported a new petroleum discovery in the Knockando Fensfjord prospect near Norway’s Brage field, with early recoverable estimates up to 1.5 MMboe.
News
January 29, 2026
Cairn Oil & Gas has reported a gas discovery at its Ambe offshore block on India’s west coast, advancing appraisal of one of the country’s Discovered Small Field assets. Additional wells are planned as the operator evaluates development options for the shallow-water find.
News
January 28, 2026
Africa is expected to remain the world’s most active region for high-impact oil and gas exploration drilling in 2026, driven by continued interest in ultra-deepwater and frontier basins, according to new analysis from Rystad Energy.
News
January 27, 2026
NNPC and Chevron have confirmed a hydrocarbon discovery at the Awodi-07 well offshore Nigeria, with results indicating multiple productive reservoir zones in the western Niger Delta.
News
January 20, 2026
Equinor and ORLEN have discovered gas and condensate in the Sissel prospect near the Utgard field in the North Sea, with recoverable volumes estimated at up to 28 million boe and tie-back options under consideration.
News
January 19, 2026
The Philippines has made its first natural gas discovery in more than a decade, with new reserves at Malampaya East-1 expected to extend the life of the country’s flagship offshore gas field.
News
January 15, 2026
TotalEnergies has partnered with BluEnergies to advance seismic reprocessing and subsurface studies across the Harper basin fan play offshore Liberia.
News
January 13, 2026
Norway has offered 57 new offshore production licenses to 19 companies in the latest APA licensing round, spanning the North Sea, Norwegian Sea and Barents Sea. The move aims to slow production decline on the NCS and support long-term energy supply to Europe.
News
January 13, 2026
Equinor has been awarded 35 new production licenses in Norway’s APA round, strengthening exploration and long-term oil and gas production across the NCS.
News
January 13, 2026
DNO ASA has been awarded 17 exploration licenses in Norway’s APA 2025 round, including four operatorships, reinforcing its high-pace exploration strategy and growing portfolio across the North Sea and Norwegian Sea.
News
January 12, 2026
Navitas Petroleum has signed a non-binding agreement to acquire a 65% working interest in the PL001 licence in the North Falklands basin, adjacent to the Sea Lion development, advancing offshore South Atlantic exploration with multi-billion-barrel potential.
News
January 09, 2026
TotalEnergies and partners Eni and QatarEnergy have signed an agreement with Lebanon to enter the Block 8 offshore exploration permit, with plans for new 3D seismic acquisition.
News
January 07, 2026
Murphy Oil’s HSV-2X appraisal in Block 15-2/17 offshore Vietnam encountered 429 ft of net oil pay and deepened the hydrocarbon column without water, strengthening the field’s high-case resource outlook as further appraisal continues.
News
January 06, 2026
Shell has agreed to acquire a 35% stake in two blocks offshore Angola through a farm-in with Chevron’s subsidiary, reflecting continued IOC interest in approved West Africa exploration despite regional production decline.
News
December 15, 2025
International operators are lining up for new acreage across the MSGBC basin, with rising interest in The Gambia, Guinea-Bissau and deepwater frontier zones. As governments update fiscal terms and accelerate de-risking efforts, the region is positioning itself as West Africa’s next exploration hotspot.
