exploration
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Equinor, Aker BP, and Vår Energi will combine resources and expertise to pursue some of the largest remaining exploration opportunities on the Norwegian Continental Shelf. -
North Sea operators produced an additional 16 million BOE from 56 reinstated wells in 2025 as improved intervention efficiency lowered costs and helped restore shut-in assets to production, according to the NSTA.
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After acquiring the block more than a decade ago, Petrobras has finally found oil in the deepwater area of the Equatorial Margin with the Morpho-1 exploration well.
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Spain has granted permits covering a swath of the mountain range to Mantle8 for natural hydrogen and helium exploration a month after France granted the company similar permits.
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The companies will work together to increase future production and value creation at their respective assets in the Norwegian Continental Shelf.
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The paper describes the revalidation of a deepwater prospect that resulted in a no-drill decision.
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The country’s foreign investment bid comes as Sonatrach launches its largest capital expenditure outlay—$60 billion to be spent from 2026 to 2030.
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Westwood links 2026 exploration outcomes to policies, with operators offshore Norway finding seven times more resources than those offshore the UK.
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Phase 1 of the lease agreements calls for 2D and 3D seismic over the blocks.
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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.
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