MOL Group and SOCAR set key terms for onshore exploration in Azerbaijan
MOL Group and SOCAR have agreed on key terms for an onshore exploration opportunity in Azerbaijan.
Browse the latest exploration news and articles.
MOL Group and SOCAR have agreed on key terms for an onshore exploration opportunity in Azerbaijan.
The US Department of the Interior has identified significant undiscovered, technically recoverable oil and gas resources in the Mowry Composite Total Petroleum System.
These exploration wells are the first to be completed entirely from in-country infrastructure through Halliburton’s newly established operational bases in Walvis Bay, Swakopmund, and Lüderitz.
Petrobras has announced that it has identified the presence of high-quality oil with no contaminants in the pre-salt of Santos Basin, in an exploratory well in Aram block.
Granted rights for joint hydrocarbon exploration in two Hungarian concession areas, Tamási and Buzsák.
Management estimates indicate 56 million barrels oil in place of which approximately 25 million barrels are considered recoverable.
Crescent Energy Company has announced the closing of the sale of non-operated Permian Basin assets to a private buyer for US$83 million in cash, subject to customary post-closing purchase price adjustments. The assets are located in Reeves County, Texas and had projected full-year 2025 production of approximately 3 thousand boe/d (~35% oil).
CSA Ocean Sciences Inc. (CSA) has completed a consultancy project for Chevron Mediterranean Limited (CML).
Malaysia emerges as a key site for marine and engineering bidding with the deployment of 39 different projects over the next three years.
Three year contract to provide specialist technical support to Petroleum Development Oman (PDO).
CNOOC Ltd has announced a major oilfield discovery of Huizhou 19-6 in the deep and ultra-deep plays of the South China Sea, which adds over a hundred million t of oil equivalent in-place.
DNO ASA, the Norwegian oil and gas operator, has announced an important oil and gas discovery in Northern North Sea license PL1182 S in which the Company holds a 40% operated interest.