Exploration/discoveries
Updates about global exploration and production activities and developments.
Only about one-third of Africa’s discovered hydrocarbon resources have reached commercialization.
The Nigerian Upstream Petroleum Regulatory Commission has set its sights on anticorruption efforts for the 2025 Licensing Round, which began on 1 December.
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The supermajor says it aims to start appraisal activities in 2027 and is evaluating development possibilities for the deepwater find offshore Brazil, which is the company’s largest discovery in 25 years. -
Updates about global exploration and production activities and developments.
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BP’s most recent discovery in Namibia is the eleventh globally in 2025 since the UK major refocused its investments strategy back to its core oil and gas businesses.
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Updates about global exploration and production activities and developments.
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Angola expects an 18% rise in natural gas production by 2030 as global producers invest in offshore exploration and new field development.
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A total of 20 companies submitted applications for new exploration blocks offshore Norway.
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Egypt’s newest round of drilling agreements advances its quest to boost investment in mature fields to stop the freefall in gas production.
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Updates about global exploration and production activities and developments.
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While new imaging capabilities are rejuvenating old data so explorers can discover hydrocarbons, finding and developing reserves is increasingly complicated.
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The operator estimates discovering more than 96 million BOE of recoverable volumes with its latest Norwegian North Sea exploration activity.
