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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.

Queensland opens new gas acreage
14 May 20201 min read

Queensland opens new gas acreage

12 prospective parcels of land will be opened for tender across Queensland’s resource-rich Bowen and Surat basins between Blackwater and Goondiwindi.

Somalia launches first offshore licensing round
14 May 20201 min read

Somalia launches first offshore licensing round

The 2020 Somali licensing round – launched virtually due to Covid-19 – features up to 7 blocks up for bidding.

Rosgeo to carry out seismic exploration in Equatorial Guinea
13 May 20202 min read

Rosgeo to carry out seismic exploration in Equatorial Guinea

Rosgeo and the Ministry of Mines and Hydrocarbons of Equatorial Guinea have signed two services contracts for the initial phase of seismic acquisition in the Rio Muni area.

Spirit Energy given drilling permit by NPD
13 May 20201 min read

Spirit Energy given drilling permit by NPD

The drilling programme for well 7321/8-2 S relates to the drilling of a wildcat well in production licence 719.

TGS releases 1Q20 results
13 May 20201 min read

TGS releases 1Q20 results

TGS has reported EBITDA of US$125 million in 1Q20, 1% above 1Q19.

EMGS reports 1Q20 results
13 May 20201 min read

EMGS reports 1Q20 results

Electromagnetic Geoservices' adjusted EBITDA for 1Q20 was negative US$0.8 million, up from negative US$1.2 million in 1Q19.

PGS begins North Sea seismic survey
12 May 20201 min read

PGS begins North Sea seismic survey

The project is taking place in the Viking Graben.

NPD grants Equinor drilling permit
12 May 20201 min read

NPD grants Equinor drilling permit

Well 30/2-5 S will be drilled from the West Hercules drilling facility.

Petrobras makes oil discoveries in Brazil pre-salt
11 May 20202 min read

Petrobras makes oil discoveries in Brazil pre-salt

Petrobras has discovered oil in the southeast area of the Búzios field and in the pre-salt of the Albacora field.

Neptune Energy completes seismic survey offshore Egypt
7 May 20202 min read

Neptune Energy completes seismic survey offshore Egypt

The ocean bottom nodes survey was carried out in the North West El Amal block, offshore Egypt.

Qatar Petroleum acquires stakes in exploration blocks in Mexico
6 May 20201 min read

Qatar Petroleum acquires stakes in exploration blocks in Mexico

The company is acquiring about 30% of Total’s participating interest in blocks 15, 33 and 34 located in the Campeche Basin, offshore Mexico.

Rystad Energy: greenfield E&P tenders are set to hit two-decade low in 2020
6 May 20203 min read

Rystad Energy: greenfield E&P tenders are set to hit two-decade low in 2020

Cuts in the industry's investment budgets will leave only US$60 billion worth of greenfield tenders for contractors to compete for, the lowest in two decades, according to Rystad Energy.

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