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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.

IOG plc provides an update on the Southwark field development
7 Feb 20233 min read

IOG plc provides an update on the Southwark field development

The planned isolation of three of the six stimulated zones and perforation of two other zones within the Southwark A2 well has been completed.

Lebanon: QatarEnergy joins TotalEnergies and Eni on two exploration blocks
30 Jan 20231 min read

Lebanon: QatarEnergy joins TotalEnergies and Eni on two exploration blocks

TotalEnergies and Eni have completed the transfer to QatarEnergy of a 30% interest in exploration Blocks 4 and 9 off the coast of Lebanon.

Strohm wins second TCP ‘Jumpers on Demand’ contract for ExxonMobil in the Americas
12 Jan 20232 min read

Strohm wins second TCP ‘Jumpers on Demand’ contract for ExxonMobil in the Americas

The company has secured a second contract with ExxonMobil to supply more than 24 of its jumpers for the Uaru field development situated offshore Guyana, in the Americas.

Westwood: Discoveries at lowest level outside of Russia for more than a decade
10 Jan 20233 min read

Westwood: Discoveries at lowest level outside of Russia for more than a decade

The company found that outside Russia, discoveries in 2021 were at the lowest level (3.4bnboe) since at least 2008.

Zenith Energy Ltd signs SPA for acquisition of OMV Yemen
4 Jan 20232 min read

Zenith Energy Ltd signs SPA for acquisition of OMV Yemen

The company has entered into a share purchase agreement with OMV Exploration and Production GmbH to acquire 100% of the outstanding share capital of OMV (Yemen Block S 2) Exploration GmbH, OMV Jardan Block 3 Upstream GmbH and OMV Block 70 Upstream GmbH.

CGG and TGS announce Foz do Amazonas Phase II 3D multi-client survey offshore Brazil
4 Jan 20232 min read

CGG and TGS announce Foz do Amazonas Phase II 3D multi-client survey offshore Brazil

This survey, covering 11 425 km2, will broaden the region's 3D coverage and deliver additional high-quality data essential for the exploration efforts in the basin.

The latest developments in the MENA region
21 Dec 20227 min read

The latest developments in the MENA region

Rudranil Roy Sharma, Director, Energy & Environment Practice, Frost & Sullivan writes an overview of the current Oil & Gas sector in the MENA Region.

Petrofac and ENH partner to support Mozambique nationalisation goals
20 Dec 20221 min read

Petrofac and ENH partner to support Mozambique nationalisation goals

The partnership will provide training and competence management solutions for Mozambique’s domestic onshore and offshore developments.

PCSB announces oil and gas discovery at the Nahara-1 well in Block SK306
7 Dec 20221 min read

PCSB announces oil and gas discovery at the Nahara-1 well in Block SK306

The discovery is located in the shallow waters of Balingian Province about 150 kilometres from Bintulu, off the coast of Sarawak, offshore Malaysia.

Neptune Energy confirms new discovery in the Norwegian Sea
2 Dec 20221 min read

Neptune Energy confirms new discovery in the Norwegian Sea

Calypso is Neptune Energy’s third discovery in six months on the Norwegian Continental Shelf.

CGG wins multi-year extension of dedicated imaging centre for Brunei Shell Petroleum
24 Nov 20221 min read

CGG wins multi-year extension of dedicated imaging centre for Brunei Shell Petroleum

In the past six years, CGG has successfully delivered land, marine, transition zone, OBC and high-density OBN seismic imaging results at the BSP centre.

Neptune Energy confirms hydrocarbons encountered at Calypso well
16 Nov 20221 min read

Neptune Energy confirms hydrocarbons encountered at Calypso well

The company and its licence partners have announced that hydrocarbons have been encountered in the Calypso exploration well in the Norwegian Sea, located within the Neptune-operated PL938 Licence.

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