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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.

Petronas awards Fugro contract for positioning services in Guyana-Suriname Basin
16 Dec 20201 min read

Petronas awards Fugro contract for positioning services in Guyana-Suriname Basin

Fugro will provide positioning services for an exploration programme in Block 52 in the Guyana-Suriname Basin.

TGS, CGG, PGS partnership to offer shared multi-client data
15 Dec 20202 min read

TGS, CGG, PGS partnership to offer shared multi-client data

An independent, cloud-based ecosystem will offer a single search point to access all three companies’ subsurface multi-client data.

MOL Norge given drilling permit
7 Dec 20201 min read

MOL Norge given drilling permit

The drilling programme for well 2/9-6 S relates to the drilling of a wildcat well in production licence 617, about 31 km east of the Valhall field.

Denmark to end exploration and production by 2050
4 Dec 20202 min read

Denmark to end exploration and production by 2050

Denmark has cancelled its latest licensing round and put an end date of 2050 on all oil and gas exploration and extraction in the North Sea.

Equinor drills dry well in Barents Sea
4 Dec 20202 min read

Equinor drills dry well in Barents Sea

The well was drilled about 100 km southwest of the Snøhvit field.

Chevron makes cuts to capital budget
3 Dec 20201 min read

Chevron makes cuts to capital budget

Chevron has cut billions off its long-term capital and exploratory budget after a major restructuring of its operations.

PGS resuming Campos Basin seismic survey in December
30 Nov 20201 min read

PGS resuming Campos Basin seismic survey in December

The survey will provide the first 3D seismic data over blocks offered in Brazil's 17th Bidding Round, now scheduled for October 2021.

ADNOC awards $519 million contract for expansion of world’s largest 3D seismic survey
27 Nov 20203 min read

ADNOC awards $519 million contract for expansion of world’s largest 3D seismic survey

The contract was awarded to BGP Inc., a subsidiary of China National Petroleum Company (CNPC).

CGG and Magseis Fairfield complete North Sea's largest ever OBN survey
26 Nov 20203 min read

CGG and Magseis Fairfield complete North Sea's largest ever OBN survey

First images from the OBN Cornerstone 2020 multi-client survey are being made available in early 2021.

Shearwater awarded OBN 4D baseline survey by Petrobras
26 Nov 20202 min read

Shearwater awarded OBN 4D baseline survey by Petrobras

The survey will take place over the Jubarte field in the Campos Basin.

Maersk Drilling to carry out two-rig Suriname campaign for Total
24 Nov 20202 min read

Maersk Drilling to carry out two-rig Suriname campaign for Total

The conditional letter of award is for an exploration and appraisal project in Suriname’s Block 58.

NPD announces 25th licensing round
19 Nov 20201 min read

NPD announces 25th licensing round

The licensing round encompasses 136 blocks in the Norwegian Sea and the Barents Sea.

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