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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.

FAR signs strategic AMI Agreement with CNOOC UK Limited
31 Mar 20172 min read

FAR signs strategic AMI Agreement with CNOOC UK Limited

The AMI provides FAR and CNOOC UK with agreed arrangements to partner in evaluating, bidding, negotiating and managing joint ventures on farm-in and open acreage opportunities for oil and gas licences. The AMI agreement period is for two years.

Paradigm expands its high-definition software suite in the Paradigm 17 release
31 Mar 20174 min read

Paradigm expands its high-definition software suite in the Paradigm 17 release

Simplified workflows, an integrated enterprise G&G database, expanded use of advanced machine learning capabilities, and additional third-party connectivity deliver better results with less effort.

Eco Atlantic notes ExxonMobil's "Snoek" oil discovery offshore Guyana
31 Mar 20171 min read

Eco Atlantic notes ExxonMobil's "Snoek" oil discovery offshore Guyana

Eco (Atlantic) Oil & Gas Ltd has noted the announcement made overnight by ExxonMobil Corporation in relation to another new oil discovery in Guyana on its Snoek Oil Prospect.

CGG GeoConsulting awarded multi-year integrated geoscience study by Kuwait Gulf Oil Company
30 Mar 20172 min read

CGG GeoConsulting awarded multi-year integrated geoscience study by Kuwait Gulf Oil Company

CGG has announced that it has been awarded a multi-year integrated geoscience study by Kuwait Gulf Oil Company (KGOC) to identify resource growth potential in the onshore Partitioned Zone (PZ).

BP makes third gas discovery in North Damietta Concession, East Nile Delta, Egypt
28 Mar 20171 min read

BP makes third gas discovery in North Damietta Concession, East Nile Delta, Egypt

BP has announced another gas discovery in the North Damietta Offshore Concession in the East Nile Delta, Egypt. The Qattameya Shallow-1 exploration well was drilled to a total depth of 1961 m in water depth of ~108 m using the El Qaher II jack-up rig.

ARDCO announces the release of the next generation Articulating Multi-Purpose Truck (AMT)
24 Mar 20172 min read

ARDCO announces the release of the next generation Articulating Multi-Purpose Truck (AMT)

The AMT features a modular back-end platform that offers the flexibility to customise the vehicle to suit a range of environments, from urban construction projects to extreme off-road jobsites.

Statoil makes minor  O&G discovery northeast of Gullfaks
24 Mar 20171 min read

Statoil makes minor O&G discovery northeast of Gullfaks

Statoil Petroleum AS, operator of Gimle Unit and production licence 193, has completed the drilling of wildcat well 34/10-55 S.

Statoil awarded 13 leases in US Gulf of Mexico
23 Mar 20172 min read

Statoil awarded 13 leases in US Gulf of Mexico

Statoil resets its exploration in the Gulf of Mexico and was today deemed high bidder on 13 leases in the 2017 Central Lease Sale.

New Zealand: Block Offer 2017 tender opened
22 Mar 20171 min read

New Zealand: Block Offer 2017 tender opened

Energy and Resources Minister Judith Collins has opened the Block Offer 2017 tender for petroleum exploration permits.

Energean signs Concession Contract for two offshore blocks, Montenegro
16 Mar 20172 min read

Energean signs Concession Contract for two offshore blocks, Montenegro

Energean Oil & Gas has announced that it has signed an exploration and production concession contract with the State of Montenegro covering offshore blocks 4219-26 and 4218-30, following approval from the Parliament of Montenegro.

CGG completes processing of Carabao regional multi-client study in The Philippines
16 Mar 20172 min read

CGG completes processing of Carabao regional multi-client study in The Philippines

The study integrates over 8500 km of new broadband prestack time-migrated 2D BroadSeis™ data and complementary marine gravity and magnetic data acquired with the seismic.

Bell Geospace wins contract with Rakgas in Zanzibar
15 Mar 20172 min read

Bell Geospace wins contract with Rakgas in Zanzibar

Bell Geospace has won another contract with RakGas to acquire just under 15 000 line kilometres of airborne survey data. The contract will see Bell Geospace fly FTG and Magnetics surveys in Zanzibar.

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