Exploration
News
April 09, 2026
Occidental has reported an oil discovery at the Bandit prospect in Green Canyon Block 680 in the U.S. Gulf, encountering oil-bearing Miocene sands with potential for subsea tieback development.
News
April 07, 2026
Eni has discovered an estimated 2 Tcf of gas offshore Egypt, with the Denise W-1 well located near existing infrastructure—positioning the project for fast-track development and reinforcing Eastern Mediterranean supply potential.
News
April 05, 2026
Lion Energy awards a drilling contract for its Bula Karang-1 exploration well in Indonesia’s East Seram PSC, targeting new oil potential offshore.
News
April 03, 2026
OMV Petrom completes drilling of the Krum-1 well offshore Bulgaria, finding no significant gas but advancing geological understanding of the Black Sea basin.
News
April 01, 2026
Trillion Energy looks to sell its Black Sea gas interest while committing $15 million to earn into a new exploration block in southeast Turkey.
News
March 26, 2026
Petrobras has confirmed a new pre-salt oil discovery in the Campos basin offshore Brazil, identifying high-quality hydrocarbons at the Marlim Sul field as part of efforts to rebuild reserves in mature areas.
News
March 25, 2026
Sierra Leone is promoting its offshore oil and gas potential to investors ahead of a new licensing round, highlighting deepwater exploration opportunities and growing interest in West Africa’s emerging upstream sector.
News
March 24, 2026
Canada and Nova Scotia have launched a new offshore licensing round covering 13 parcels near Sable Island, signaling renewed exploration activity and long-term investment potential in a basin with significant oil and gas resources.
News
March 20, 2026
Brazil President Luiz Inácio Lula da Silva said Petrobras and Pemex could partner on deepwater oil exploration in the Gulf of Mexico, as Mexico seeks to revive production and Petrobras looks to expand internationally.
News
March 20, 2026
A new high-resolution offshore seismic dataset covering 7,300+ km in Equatorial Guinea has been released, leveraging advanced PSDM and FWI imaging to support exploration and de-risk prospects ahead of the EG Ronda 2026 licensing round.
News
March 18, 2026
Petrobras has confirmed a new deepwater gas discovery at the Copoazu-1 well in Colombia’s offshore GUA-OFF-0 Block, expanding the region’s gas potential and supporting long-term energy supply through continued exploration activity.
News
March 12, 2026
Assala Energy has encountered hydrocarbons at the Magoga-A exploration well in the Mutamba Iroru Licence II offshore Gabon, confirming an 8-meter hydrocarbon interval in the Gamba Sandstone formation.
News
March 11, 2026
Viridien has launched a new seismic reimaging project covering roughly 9,000 sq km of 3D data in India’s offshore Mahanadi basin, aiming to improve subsurface imaging and unlock new exploration opportunities.
News
March 02, 2026
The U.S. Bureau of Ocean Energy Management (BOEM) has released five legacy 3D seismic survey datasets covering portions of the Beaufort Sea, expanding public access to offshore Arctic geologic data that could support future exploration and energy planning in Alaska’s Outer Continental Shelf (OCS).
News
February 24, 2026
Murphy Oil has plugged the Caracal-1X exploration well as a dry hole offshore Côte d’Ivoire but plans to proceed with the Bubale-1X prospect in its three-well West Africa campaign.
News
February 19, 2026
Cameroon has opened bidding for nine upstream oil and gas blocks across the Rio del Rey and Douala/Kribi Campo basins, offering data-rich exploration opportunities near existing production with proposals due by March 30, 2026.
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.
