Exploration/discoveries
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.
Updates about global exploration and production activities and developments.
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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Petrobras will continue to operate the assets following the selldown of working interest. -
The US supermajor has made more than 30 discoveries offshore the South American country since exploration efforts began in 2015.
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Whether its onshore or offshore, China is OK with drilling deeper to secure new gas reserves.
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Success at Ofelia sets up another tieback development to the nearby Gjøa platform.
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The company will produce twilight barrels and conduct abandonment work when the field is deemed uncommercial.
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Good news in Block 53 is offset by disappointing results in Block 58.
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President Mnangagwa touts the current probe in the northern part of the country.
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Results from third test well in the Kavango basin are being analyzed by the partners.
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FPSO will feed gas from GTA development to nearby FLNG infrastructure.
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Development duo is expected to add more than 12,000 B/D of oil production at peak.
