Africa needs US$375 billion to develop natural gas sector, says Society of Petroleum Engineers (SPE)
With 17 high impact wells completed in 2025, Africa will need significant investment to support natural gas demand in the near-medium term.
Exploration
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Viridien completes reimaging of BM-S-2 multi-client survey in Brazil’s southern Santos Basin
Viridien successfully completes BM-S-2 seismic reimaging project in the southern Santos Basin.
TotalEnergies concludes agreement with Galp to enter as operator in the prolific PEL 83 license, including the Mopane discovery
TotalEnergies and Galp agreed to launch an exploration and appraisal campaign including three wells over the next two years, with a first well planned in 2026, to further derisk resources and progress diligently toward the development of the Mopane discovery.
New discovery makes 2025 a standout exploration year for Aker BP
Aker BP and operator Equinor have made a significant gas and condensate discovery in the Lofn and Langemann wells in the Sleipner area of the North Sea. Gross recoverable volumes are estimated at 30 to 110 million boe.
Equinor makes new discoveries in the North Sea
These are Equinor’s largest discoveries so far this year and can be developed for the European market through existing infrastructure.
A new standard for observing deep ocean currents
Uncrewed technology collaboration in US Gulf of Mexico, from Sonardyne and SeaTrac Systems.
West Africa’s grid transformation to take centre stage at MSGBC 2025
Regional leaders will examine grid integration, regulatory reforms and investment opportunities shaping West Africa’s evolving power market.
More Exploration news
Organic Oil Recovery technology achieves breakthrough sampling contract in key South America market
Hunting PLC, the precision engineering group, today announces that Hunting Energy Services Production Technology, Inc., Hunting’s recently acquired business which aims to optimise oil reservoir performance and recovery rates, has secured its first sampling and testing contract award in Brazil.
TotalEnergies strengthens its global collaboration with Chevron
Further to an ongoing discussion of global exploration opportunities between TotalEnergies and Chevron, TotalEnergies EP Nigeria has signed a farmout agreement to sell to Star Deep Water Petroleum Limited, a Chevron company, a 40% participation in the PPL 2000 and PPL 2001 exploration licenses, offshore Nigeria.
Eni acquires from YPF shares in the exploration Block OFF-5 offshore Uruguay
The agreement will become effective after the approval of the Uruguayan authorities.
Murphy Oil signs multi-year agreement with GeoComputing for next-generation E&P cloud
GeoComputing signs agreement with Murphy Oil subsidiary for RiVA platform deployment.
PXGEO secures two OBN seismic acquisition contracts with Petrobras
PXGEO has been awarded two significant contracts from Petrobras-led consortia, to deliver seismic data acquisition and monitoring services in the Santos Basin.
TotalEnergies becomes operator with a new offshore exploration license
TotalEnergies (40%, operator) and its partners QatarEnergy (35%) and Petronas (25%) have signed a production sharing contract for Block S4 with Guyana’s Ministry of National Resources represented by His Excellency Vickram Bharrat, following the block’s 2023 award in the Guyana 2022 Licensing Round.
One of the first integrated well and reservoir diagnostic platforms, launched at ADIPEC 2025
Octasense captures eight critical insights in a single descent, potentially saving millions of US dollars per campaign.
Full waveform inversion: Senior Geophysicist Ameur Hamdane on unlocking the next era of seismic imaging
In this interview, Senior Geophysicist Ameur Hamdane discusses how FWI is sharpening subsurface clarity, reducing drilling risk, and enabling new energy applications. Interview by Ellen F. Warren.