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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.

Equinor completes appraisal well on Wisting discovery in the Barents Sea
22 Apr 20241 min read

Equinor completes appraisal well on Wisting discovery in the Barents Sea

The objective was to acquire data on the reservoir and cap rock, for use in ongoing evaluation and development of the discovery.

88 Energy announce second light oil discovery
17 Apr 20242 min read

88 Energy announce second light oil discovery

88 Energy has announced further successful flow test results from the Company’s Hickory-1 discovery well, located in Project Phoenix on the North Slope of Alaska.

VAALCO Energy announces accretive all cash acquisition expanding its West African footprint
29 Feb 20241 min read

VAALCO Energy announces accretive all cash acquisition expanding its West African footprint

VAALCO Energy has announced that it has entered into a sales and purchase agreement to acquire Svenska Petroleum Exploration AB.

PETRONAS awards seven new PSCs under Malaysia bid round 2023
25 Jan 20242 min read

PETRONAS awards seven new PSCs under Malaysia bid round 2023

PETRONAS has been awarded production sharing contracts (PSCs) for six exploration blocks and one discovered resource opportunities (DRO) cluster marketed under the Malaysia Bid Round 2023 (MBR 2023).

Equinor Energy AS discovers oil in exploration well 30/12-3 S
22 Jan 20242 min read

Equinor Energy AS discovers oil in exploration well 30/12-3 S

The wells were drilled about 40 km south of Oseberg and 150 km west of Bergen. The drilling was conducted by the Deepsea Stavanger drilling rig.

Wintershall Dea awarded exploration licences on the Norwegian Continental Shelf
17 Jan 20242 min read

Wintershall Dea awarded exploration licences on the Norwegian Continental Shelf

The company has been awarded 13 exploration licences by the Norwegian Ministry of Energy in the 2023 Award in Predefined Areas (APA) – five licences as operator, and eight as partner.

Yokogawa announces dates of its Users Conference
17 Jan 20241 min read

Yokogawa announces dates of its Users Conference

Yokogawa Corp. of America and KBC (a Yokogawa Company) have announced the dates of their upcoming Users Conference, YNOW2024.

Significant gas discovery at Layaran-1, Indonesia
19 Dec 20231 min read

Significant gas discovery at Layaran-1, Indonesia

Harbour Energy has noted operator Mubadala Energy’s announcement that the Layaran-1 well has made a significant gas discovery on the South Andaman licence (Harbour 20%), offshore North Sumatra, Indonesia.

TotalEnergies announces new offshore exploration license
18 Dec 20231 min read

TotalEnergies announces new offshore exploration license

TotalEnergies and its partners, QatarEnergy and Petronas, have signed a production sharing contract for Block 64 with Staatsolie Maatschappij Suriname (Staatsolie), the state-owned oil company of Suriname.

Equinor is increasing its ownership in the Linnorm discovery
14 Dec 20232 min read

Equinor is increasing its ownership in the Linnorm discovery

The company has entered into an agreement to acquire Shell’s equity in and operatorship of the Linnorm discovery in the Norwegian Sea.

PGS awarded 3D exploration contract in Asia Pacific
8 Dec 20231 min read

PGS awarded 3D exploration contract in Asia Pacific

The Ramform Sovereign is scheduled to mobilise for the survey in December and the contract has a total duration of approximately 50 days.

Invictus Energy Limited announces gas discovery in Zimbabwe
8 Dec 20234 min read

Invictus Energy Limited announces gas discovery in Zimbabwe

The company has announced a gas discovery in the Mukuyu-2 well at its 80% owned and operated Cabora Bassa Project in Zimbabwe.

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