Exploration
News
August 01, 2025
Apus Energy has entered West Africa’s offshore frontier in Guinea-Bissau. With high-impact drilling now underway, the company is set to bring fresh momentum and investor attention to one of the region’s most underexplored hydrocarbon basins.
News
July 31, 2025
Ivory Coast and Eni SpA signed a contract for the acquisition of a new offshore oil-exploration block, according to minutes from a cabinet meeting. The deal has a duration of three years in the first phase and includes a minimum $20 million investment.
News
July 31, 2025
The review comes as Namibia pursues first oil production from its Orange Basin discoveries by 2029 and is geared towards strengthening the competitiveness of investing in the country’s upstream petroleum sector.
News
July 25, 2025
Thailand's PTTEP has signed an agreement to buy 100% of shares of Hess International Oil Corporation, which holds a 50% participating interest in the offshore natural gas Block A-18 of the Malaysia–Thailand Joint Development Area (MTJDA).
News
July 25, 2025
Valeura Energy Inc. has entered into a farm-in agreement with PTT Exploration and Production Plc (PTTEP) to earn a 40% interest in Blocks G1/65 and G3/65, in the offshore Gulf of Thailand.
News
July 22, 2025
OMV Petrom and NewMed Energy have awarded a drilling rig contract to Noble Corporation for the drilling of two offshore exploration wells in the Black Sea, offshore Bulgaria. Two exploration wells will be drilled on the Han-Asparuh Block with the selected ultra-deepwater drillship, Globetrotter I.
News
July 21, 2025
Namibia’s former-Minister of Mines and Energy, Tom Alweendo, is spearheading the launch of Alvenco Advisory, a new strategic advisory firm. The launch of Alvenco Advisory comes as Namibia accelerates the development of offshore oil and gas discoveries made in the Orange Basin.
News
July 21, 2025
CEPetroleum (CEP) has made a significant oil discovery in its Wolin East 1 well, offshore Poland. CEP estimates the discovery as the largest conventional hydrocarbon field yet found in Poland, and one of the largest conventional oil discoveries in Europe in the past decade.
News
July 21, 2025
Vår Energi has made a commercial gas and condensate discovery in the Vidsyn exploration well in the Norwegian Sea. The discovery was made on the Vidsyn ridge, which has the potential to hold up to 100 MMboe gross, Vår Energi stated.
News
July 14, 2025
Azule Energy, a joint venture owned equally by bp and Eni, has made a major gas discovery at its Gajajeira-01 exploration well, offshore Angola. The results confirm the presence of hydrocarbons and open new exploration opportunities in the area, Azule said in a statement Monday.
News
July 08, 2025
Gabon’s newly-appointed Minister of Oil & Gas has committed to unlock new resources across the country’s oil and gas sector but shifting focus towards deepwater exploration.
Article
June 2025
Following the initial oil find in Block 30, offshore Mexico, Harbour Energy drilled.
News
May 28, 2025
Ecopetrol SA plans to continue drilling for natural gas in Colombian Caribbean waters after partner Shell Plc exited three offshore blocks, betting on growing domestic demand and potentially lucrative reserves.
News
May 19, 2025
Turkey has discovered 75 billion cubic meters of natural gas worth $30 billion dollars in the Black Sea, according to President Recep Tayyip Erdogan. Erdogan said the discovery was made after 49 days of drilling at the Goktepe 3 field.
News
May 16, 2025
Halliburton and Rhino Resources have delivered two exploration wells within PEL 85 offshore Namibia, the companies announced. These exploration wells are the first to be completed entirely from in-country infrastructure through Halliburton’s newly established operational bases.
News
May 15, 2025
Perenco has announced a successful drilling operation for its Onyx well, encountering significant columns of natural gas in two separate geological compartments. The Onyx field is an undeveloped gas discovery located within the TSP license, offshore Trinidad.
News
May 06, 2025
Viridien has sold its Sercel Marlin™ Offshore Logistics management solution to Oil and Natural Gas Corporation (ONGC) to enhance operational efficiency and safety across its Western offshore E&P operations in India.
News
May 06, 2025
In a session titled “Offshore Production and Recovery: The Value of a Holistic Approach,” SLB’s President of Production Systems, Paul Sims, gave his take on key factors affecting the current offshore energy landscape, as well as SLB’s latest strategies and innovations.
News
May 01, 2025
Cairn Oil & Gas is partnering with Electromagnetic Geoservices (EMGS), to acquire a 3D Controlled Source Electro-magnetic (CSEM) survey for its exploration campaign in the deepwater Krishna-Godavari block off India's East coast.
News
April 22, 2025
BW Energy has discovered substantial oil reserves at its Bourdon prospect, offshore Gabon. CEO Carl Arnet noted that the appraisal well confirms potential for a new development of at least four producing wells.
News
April 14, 2025
Brazil’s oil regulator is set to grant exploration rights in a promising offshore region where state-controlled oil producer Petrobras has faced a years-long dispute with environmental authorities to start drilling. According to the ANP, 31 companies are registered and able to bid, including Petrobras, ExxonMobil, Shell, Chevron, Equinor and bp.
