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The September/October 2026 issue of Oilfield Technology explores how operators and service companies are responding to a more demanding upstream environment through technology, optimisation and smarter decision-making. Highlights include McKinsey & Company on the growing exploration discovery gap, Halliburton on unlocking bypassed reserves through multilateral technology, and MR Group on continuous BOP assurance, alongside features examining autonomous FPSOs, produced water treatment, H2S scavenging, advanced sealing solutions and the growing role of AI in optimising well and asset performance.

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Home/News/Exploration

Exploration News

Browse the latest exploration news and articles.

bp awarded NCMA 2 exploration block
22 Nov 20241 min read

bp awarded NCMA 2 exploration block

bp has announced that it has been awarded the NCMA 2 block offshore Trinidad as part of the Shallow Water 2023/24 bid round that closed in May 2024.

Learning to love computer vision
21 Nov 20245 min read

Learning to love computer vision

Cameron Devers, Tyler Abla, and Gage Russell, Taurex Drill Bits, USA, delve into the use of computer vision for PDC cutter damage classification, demonstrating how advanced image analysis is transforming the field.

ExxonMobil transfers Block 52 offshore Suriname to Petronas
21 Nov 20241 min read

ExxonMobil transfers Block 52 offshore Suriname to Petronas

ExxonMobil Exploration & Production Suriname B.V. has formally notified Suriname’s national energy company, Staatsolie, that it will withdraw from Block 52 in the Surinamese offshore area effective 14 November 2024.

DUG and PetroVision sign collaborative agreement for seismic data processing solutions
21 Nov 20241 min read

DUG and PetroVision sign collaborative agreement for seismic data processing solutions

DUG Technology has announced a new partnership with PetroVision aimed at promoting and delivering specialised seismic data processing solutions in Nigeria.

PPL announces third consecutive hydrocarbon discovery in Shah Bandar Block, Sindh
19 Nov 20242 min read

PPL announces third consecutive hydrocarbon discovery in Shah Bandar Block, Sindh

The achievement is expected to contribute significantly to Pakistan's energy security.

Donald Trump chooses oil and gas veteran Chris Wright as energy secretary
18 Nov 20241 min read

Donald Trump chooses oil and gas veteran Chris Wright as energy secretary

President-elect Donald Trump has chosen oil and gas industry CEO Chris Wright as his next energy secretary, with Trump seemingly intent on fulfilling his election promise to increase exploration and production.

Equinor announces North Sea oil and gas discovery
18 Nov 20241 min read

Equinor announces North Sea oil and gas discovery

Equinor has announces that it has struck oil and gas near the Fram field in the North Sea. The discovery is estimated at between 13 and 28 million boe.

Elemental Energies and Archer announce global joint venture
13 Nov 20243 min read

Elemental Energies and Archer announce global joint venture

Elemental Energies and Archer announce global P&A well engineering joint venture.

GeoPark announces exploration success at Confluencia Norte
13 Nov 20242 min read

GeoPark announces exploration success at Confluencia Norte

GeoPark Ltd, an independent Latin American oil and gas explorer, operator, and consolidator, has announced the successful start of production in the Confluencia Norte Block (GeoPark non-operated, 50% WI) in Rio Negro, Argentina.

QatarEnergy announces acquisition of interest in offshore Egypt exploration block from Chevron
12 Nov 20241 min read

QatarEnergy announces acquisition of interest in offshore Egypt exploration block from Chevron

QatarEnergy has entered into an agreement with Chevron to acquire a 23% working interest in the concession agreement for the North El-Dabaa (H4) Block, in the Mediterranean Sea offshore Egypt.

TGS and partners announce successful completion of the Utsira OBN reprocessing project
6 Nov 20242 min read

TGS and partners announce successful completion of the Utsira OBN reprocessing project

TGS and partners Aquila Holdings ASA and Viridien, have announced the completion of reprocessing of the Utsira OBN seismic survey in the Norwegian North Sea.

Gran Tierra Energy Inc. announces Ecuador oil discovery from Charapa-B7 well
6 Nov 20242 min read

Gran Tierra Energy Inc. announces Ecuador oil discovery from Charapa-B7 well

Gran Tierra has announced its sixth consecutive Ecuador oil discovery from the Charapa-B7 well and that it has achieved cumulative production of over 1 million bbls of oil in Ecuador.

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