Exploration
News
October 30, 2025
An independent petroleum reserves and resources evaluation has confirmed world-class hydrocarbon potential in Greenland’s Jameson Land basin, identifying more than 13 billion barrels of prospective recoverable oil resources across 58 prospects.
News
October 24, 2025
Op-Ed: As Namibia’s Orange basin edges toward a 2026 final investment decision, Tom Alweendo outlines critical priorities in ports, local content, and permitting that will determine whether the country converts discovery momentum into credible investment.
News
October 21, 2025
Brazil’s state-run Petrobras has received environmental approval to begin drilling its first exploration well in the Foz do Amazonas basin after years of regulatory delay. The project could open a new offshore frontier comparable to Guyana’s oil-rich plays, as Brazil seeks to sustain output beyond 2030.
News
October 17, 2025
MariEnergies has announced an oil discovery at its Shawal-1 exploration well, located in the Mari Development and Production Lease (Mari D&PL). MariEnergies operates Pakistan’s largest gas reservoir in the Mari D&PL area and is the nation’s second-largest gas producer.
News
October 16, 2025
The 2025 Gulf Energy Information Excellence Awards in Houston honored this year's upstream innovators, including SLB, Saudi Aramco, Halliburton, ExxonMobil, Baker Hughes, Oil States, NOV and Reliance Industries. Winners were recognized for advancements in deepwater and drilling technologies, digital transformation, completions and more.
News
October 15, 2025
Valeura Energy and partner Pinnacle Turkey have signed a joint venture agreement with Transatlantic Petroleum to explore and develop deep gas formations in Türkiye’s Thrace basin. The partnership will begin with the re-entry and testing of the Devepinar-1 well, targeting commercial potential in the Kesan formation.
News
October 13, 2025
Sonatrach and Saudi Arabia’s Midad Energy have signed a $5.4 billion production-sharing agreement to explore and develop the Illizi South block in Algeria. The project aims to produce 125 Bcm of gas and 204 million barrels of liquids over 30 years.
News
October 09, 2025
Sintana Energy Inc. has agreed to acquire Challenger Energy Group PLC in an all-share transaction valued at approximately C$83.6 million. The deal expands Sintana’s high-impact offshore exploration footprint in Uruguay and Namibia.
News
October 07, 2025
ReconAfrica is drilling ahead into the Otavi carbonate reservoir at its Kavango West 1X exploration well in Namibia. The company expects to reach total depth in November, followed by a full evaluation of the reservoir section.
News
October 07, 2025
Chevron Corp. has appointed TotalEnergies exec Kevin McLachlan as its new VP of Exploration, effective November 1, succeeding Liz Schwarze, who will retire in February 2026 after 36 years with the company.
News
October 06, 2025
TotalEnergies has appointed Nicola Mavilla as Senior Vice President of Exploration effective Nov. 1, 2025, succeeding Kevin McLachlan after a decade in the role.
News
October 06, 2025
Executives from TotalEnergies, Chevron and bp highlighted at African Energy Week 2025 how improved subsurface imaging and streamlined approvals could spark a new exploration renaissance across key basins such as Namibia, the Congo, and Egypt’s Nile Delta.
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.
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.
