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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.

Horizon Oil: interest acquisition of 7.5% of Sinphuhorm and 60% of Nam Phong producing gas fields, onshore Thailand
26 Mar 20252 min read

Horizon Oil: interest acquisition of 7.5% of Sinphuhorm and 60% of Nam Phong producing gas fields, onshore Thailand

The acquisition is proposed through a consortium, with Horizon to acquire 75% of the shares in Exxon Mobil Exploration and Production Khorat Inc. with Matahio Energy acquiring the residual 25% and agreeing to manage EMEPKI employees and operatorship of the Nam Phong field on behalf of the consortium.

Petrobras reports results of exploratory well in Campos Basin pre-salt
25 Mar 20252 min read

Petrobras reports results of exploratory well in Campos Basin pre-salt

Petrobras informs that it has identified the presence of hydrocarbons in the Campos Basin pre-salt, in an exploratory well of Norte de Brava block.

Petrobras reports results of exploratory well in Santos Basin
18 Mar 20252 min read

Petrobras reports results of exploratory well in Santos Basin

Petrobras has announced that it has identified the presence of hydrocarbons in the Santos Basin pre-salt, in an exploratory well of Aram block.

Equinor announces gas discovery in the Norwegian Sea
7 Mar 20252 min read

Equinor announces gas discovery in the Norwegian Sea

Equinor and its partners, Okea and Pandion Energy, have proven gas and condensate in the Mistral Sør exploration well in the Halten area, situated in the southern part of the Norwegian Sea.

Fluor-led JV supports successful completion and startup of major project at Tengiz oilfield in Kazakhstan
6 Mar 20252 min read

Fluor-led JV supports successful completion and startup of major project at Tengiz oilfield in Kazakhstan

Fluor has announced that it successfully led a joint venture that supported the completion and startup of Tengizchevroil’s (TCO) Future Growth Project (FGP) at the Tengiz oilfield in Kazakhstan.

Eni and PETRONAS to create new Southeast Asian energy major
28 Feb 20252 min read

Eni and PETRONAS to create new Southeast Asian energy major

Announcement of discussions between the Italian major and the Malaysian national oil company.

Vår Energi makes third oil discovery in a row in Goliat Area
27 Feb 20253 min read

Vår Energi makes third oil discovery in a row in Goliat Area

Vår Energi ASA has announced an oil discovery in the operated Zagato exploration well near the Goliat field in the Barents Sea, adding to recent exploration success in the area.

Black Gold announces commencement of drilling in the Illinois basin
21 Feb 20252 min read

Black Gold announces commencement of drilling in the Illinois basin

Earlier this month, BGX acquired a 10% working interest in the well and an option to participate in any offset developmental wells in a 210 acre area of mutual interest from the operator, Adler Energy, LLC.

Bowman announces expansion of oil and gas footprint with acquisition of UP Engineering
20 Feb 20252 min read

Bowman announces expansion of oil and gas footprint with acquisition of UP Engineering

UP serves clients throughout Texas with a focus on oil and gas, industrial, commercial and residential projects.

BP plans new wells for Shah Deniz
14 Feb 20252 min read

BP plans new wells for Shah Deniz

BP plans new wells for Shah Deniz to sustain gas production.

Woodside and Trinidad agree on commercial terms for Calypso deepwater gas project
13 Feb 20252 min read

Woodside and Trinidad agree on commercial terms for Calypso deepwater gas project

The agreement unites two deepwater blocks, with Woodside confirming 3.5 trillion ft3 of natural gas reserves.

ORLEN discovers a new gas field in the Province of Poznan
12 Feb 20253 min read

ORLEN discovers a new gas field in the Province of Poznan

ORLEN is currently operating three gas fields in the County of Jarocin and plans to explore additional prospects in the area.

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