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…
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Deal marks state-owned energy company’s entry into Canada’s offshore sector. -
New discovery at Cataback builds confidence in the greater Turbot area.
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Field will deliver gas to Trinidad market from a resource discovered in 2017.
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Operator sites Covid-19 related issues for delayed work on massive land parcel.
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Exploration test could yield as much as 200+ million BOE.
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Data gathered from the well will be used to inform the next steps for Keskesi appraisal.
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The country’s 17th Bidding Round attracted bids on just five of the 92 blocks on offer… and all from Shell.
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Aram block was awarded as part Brazil’s 6th Pre-Salt Round.
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Operator inks $252 million deal for use of newbuild drillship.
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Deal marks the first ADNOC partnership with Pakistani energy companies.
