Eni

INEOS Energy and Shell have partnered to invest in Gulf of Mexico exploration, while Eni reported strong productivity from its Geliga 1 discovery in Indonesia. Santos is advancing its Agogo project in Papua New Guinea, and ConocoPhillips received approval to redevelop several previously producing oil fields in Norway’s Greater Ekofisk Area.

Since the US arrested and removed Venezuelan President Nicolás Maduro on 3 January 2026, all eyes have turned toward the country’s vast oil reserves, the largest of any country. From 2005 to 2024, oil production in Venezuela fell by 70%, from 3.1 million B/D to just 0.9 million B/D. The race is on to bring production back, but aging infrastructure and expatriation pre…

Formerly titled E&P Notes, this monthly snapshot of global E&P activity highlights ongoing developments worldwide.

This paper presents the first global application of autonomous drilling in deepwater and the journey to reach optimal drilling parameters, integrating proprietary tools from the project’s business partners.

The country’s foreign investment bid comes as Sonatrach launches its largest capital expenditure outlay—$60 billion to be spent from 2026 to 2030.

The Orange Basin and Gulf of Guinea will see most of the high-impact drilling activity planned this year in Africa.

Technology and partnerships remain important, while phased approaches may supplant lengthy appraisal programs, experts said during CERAWeek.

Updates about global exploration and production activities and developments.

Updates about global exploration and production activities and developments.

Eni reports its latest deepwater exploration well offshore Côte d'Ivoire found gas and condensate in high-quality Cenomanian sands in the Calao channel complex.