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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.

Petrobras concludes the sale of E&P assets in the Paraná Basin
25 Apr 20222 min read

Petrobras concludes the sale of E&P assets in the Paraná Basin

The amount received at the closing adds to the amount of US$56 700 paid to Petrobras when the sale contracts were signed, totalling an amount of US$63 000.

Cloudbreak partners to explore for oil and gas in Namibia
22 Apr 20222 min read

Cloudbreak partners to explore for oil and gas in Namibia

Cloudbreak will act as a financial partner and sit on the joint operating committee giving corporate direction and reviewing technical information.

Green light for Hod B
21 Apr 20222 min read

Green light for Hod B

Hod B in the North Sea will soon come on stream, thanks to an unmanned facility remote-controlled from the Valhall field.

Maersk Drilling sells jack-up rig Maersk Convincer
21 Apr 20222 min read

Maersk Drilling sells jack-up rig Maersk Convincer

The transaction will contribute to the optimisation of Maersk's fleet in line with the company's strategic priorities.

Drilling permit for well 2/8-19 in North Sea
20 Apr 20221 min read

Drilling permit for well 2/8-19 in North Sea

The drilling permit has been granted based upon the petroleum resource act paragraph 13.

New oil and gas discoveries in the Meleiha concession, Egypt
14 Apr 20222 min read

New oil and gas discoveries in the Meleiha concession, Egypt

Eni announces new oil and gas discoveries in Western Desert for approximately 8500 boe per day.

Spud of Cambozola exploration well
14 Apr 20222 min read

Spud of Cambozola exploration well

Resources for the entire Cambozola prospect have been estimated at 159 million boe.

Drilling begins at Jade prospect offshore China
11 Apr 20222 min read

Drilling begins at Jade prospect offshore China

The Jade prospect has a GCA audited mean in place potential of 225 million bbl and a P10 in place upside of 395 million bbl.

Perth Basin exploration well plugged and abandoned
7 Apr 20222 min read

Perth Basin exploration well plugged and abandoned

Cervantes-1, an oil exploration well in the onshore Perth Basin licence L14, failed to encounter hydrocarbons.

Cloudbreak Discovery to participate in exploration in Namibia
7 Apr 20222 min read

Cloudbreak Discovery to participate in exploration in Namibia

Cloudbreak Discovery, Gondwana Petroleum Namibia Pty Ltd., Timeworn Investments Pty Ltd., Pioneer Oil and Gas Consulting CC and a Swiss-based asset manager will jointly work towards submission of an application to acquire Petroleum Exploration License 1724 in Namibia.

TGS announces a second 3D multi-client seismic survey in the Egyptian Red Sea
6 Apr 20222 min read

TGS announces a second 3D multi-client seismic survey in the Egyptian Red Sea

TGS has announced a new 3D seismic survey in partnership with Schlumberger.

TGS carrying out 3D reprocessing project in Indonesia
30 Mar 20221 min read

TGS carrying out 3D reprocessing project in Indonesia

The project applies a modern comprehensive broadband processing workflow to 3363 km2 of 3D data to better understand the hydrocarbon prospectivity of the Tarakan Basin.

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