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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.

API comment on energy security
24 Feb 20122 min read

API comment on energy security

The American Petroleum Institute has called the President’s approach to energy security a Jekyll and Hyde approach and says it hurts consumers.

Energulf Resources estimates over 23 billion bbls of oil in offshore Namibia block
23 Feb 20122 min read

Energulf Resources estimates over 23 billion bbls of oil in offshore Namibia block

EnerGulf Resources Inc. has announced the results of a report into the 2.2 million acre Block 1711, located offshore Namibia. The Prospective Oil and Contingent Gas Resources Report prepared by the firm Netherland Sewell and Associates Inc. includes an unrisked gross mean estimate of potentially 3.166 Billion barrels of oil on the block.

Shell offers US$ 1.6 billion for Cove Energy
22 Feb 20121 min read

Shell offers US$ 1.6 billion for Cove Energy

Shell exploration and Production has offered US$ 1.6 billion (£ 992.4 million) to buy UK based Cove Energy.

USA and Mexico to cooperate on Gulf of Mexico E&P
22 Feb 20122 min read

USA and Mexico to cooperate on Gulf of Mexico E&P

The USA and Mexico have agreed to work together when drilling for oil and gas that goes beyond the shared maritime boundary. The US secretary of State Hilary Clinton and The Mexican Foreign Secretary signed the deal yesterday in the presence of the Mexican President Felipe Calderon and the US Interior Minister Ken Salazar.

Gas Consortium excludes ITGI as European gas link
21 Feb 20123 min read

Gas Consortium excludes ITGI as European gas link

Shah Deniz, the consortium developing a natural gas field offshore Azerbaijan, has narrowed down its options for carrying that gas to Europe.

Anadarko discovers more gas reserves offshore Mozambique
21 Feb 20122 min read

Anadarko discovers more gas reserves offshore Mozambique

Anadarko has encountered more gas reserves in its Lagosta 3 appraisal well, providing more gas for its proposed LNG liquefaction project.

Oil and gas companies unite to drive Australia’s technology development
17 Feb 20123 min read

Oil and gas companies unite to drive Australia’s technology development

A dedicated cluster group has been launched by ITF in Australia to drive forward the country's oil technology development.

ExxonMobil banned from Iraqi bidding round
17 Feb 20122 min read

ExxonMobil banned from Iraqi bidding round

Because of its deals with the Kurdistan region, ExxonMobil has been banned from the latest round of bidding in Iraq.

Petrobras brings in new directors
17 Feb 20121 min read

Petrobras brings in new directors

As well as welcoming a new CEO, Petrobras has brought in two new directors.

TNK-BP to spend US$ 4 billion on Arctic investment
17 Feb 20121 min read

TNK-BP to spend US$ 4 billion on Arctic investment

TNK-BP has outlined plans covering US$ 4 billion worth of Arctic gas and oilfield development.

Apache reports soaring profit and revenues
16 Feb 20122 min read

Apache reports soaring profit and revenues

Apache has cited high production levels and increased oil prices as the reasons behind soaring profit and revenues.

DNO output at record levels
15 Feb 20121 min read

DNO output at record levels

DNO international has doubled production, reaching record levels.

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