Exploration/discoveries
As Egypt’s largest oil and gas investor, Eni is ramping up its 2026–2027 drilling campaign with new investments cross the Mediterranean offshore, Nile Delta, Western Desert, and offshore Sinai to strengthen the country’s role as a regional gas and LNG export hub.
Oil prices are high, but spending has not caught up—yet. Meanwhile, exploration strategies are changing around the world toward a lower-risk model, and the frenzied pace of US M&A has very much cooled off.
This energy roundup highlights major global developments, including Western Australia’s approval of Woodside’s Browse gas project, TotalEnergies’ FID for Cyprus’ first gas development, and new oil and gas discoveries offshore Colombia, Namibia, and Angola. Read the latest updates on LNG projects, exploration successes, seismic surveys, and strategic upstream investmen…
-
Wyoming sold the most parcels during the recent US Bureau of Land Management’s auction for oil and gas leases on federal land. -
Unprecedented, perfect storm, a black swan event—all ways of describing the situation the oil and gas sector finds itself in right now. Here’s an analysis on the near-term outlook for projects in Asia Pacific.
-
This paper demonstrates how maintaining investment in high-quality 3D seismic during the last downturn, together with selective exploration, quality geoscience, application of new technologies, and efficiently maturing discoveries to early cash flow, was successful in sustaining future production.
-
The first of three major unconventional developments in Saudi Arabia has been given the green light. The project will underpin the country's goal to become a top gas exporter by 2030.
-
The Italian oil and gas company has found its second big well offshore Mexico and is setting its sights on several more in the near future.
-
The most recent hydrocarbon production boom is under way in the Middle East, and this time, the race is spilling into offshore waters.
-
Guyana continues to strengthen its reputation as the world’s fastest growing offshore exploration hotspot.
-
The Italian oil and gas company used a “fast track” model to get the first production well flowing from the Agogo field.
-
A significant discovery of oil off Suriname increases the odds that major oilfields off Guyana will extend across that international boundary.
-
The Arab world’s most populous country has awarded a string of concessions in a bid to become the region’s next major supplier of natural gas.
