Exploration

Pantheon Resources plc, the oil and gas company developing the Kodiak and Ahpun projects near pipeline and transportation infrastructure on Alaska's North Slope, announces the timing of the hydraulic fracture stimulation and associated well testing for the Dubhe-1 well.

TotalEnergies has signed four Production Sharing Contracts (PSC) for the LB-6, LB-11, LB-17 and LB-29 Exploration blocks offshore Liberia, which were awarded following the 2024 Direct Negotiation Licensing Round organized by the Liberia Petroleum Regulatory Agency.

This latest phase spans 151 OCS blocks and expands ultra-long offset low-frequency OBN coverage of the Paleogene trend to provide improved seismic data and subsurface imaging over this geologically complex area.

This transaction strengthens Petrobras’ exploratory activities on the African continent, with the purpose of portfolio diversification, and is aligned with the company’s long-term strategy, aiming to replenish oil and gas reserves through exploration of new frontiers and partnership operations.

Egypt has entered into four oil and gas exploration agreements with international companies valued at more than $340 million (E£16.52 billion), aiming to bolster domestic production in the face of growing energy demand.

The permits were awarded following the 2024 Exploration Round organised by the Nigerian Upstream Petroleum Regulatory Commission.

Aminex, the oil and gas exploration and development company focused on Tanzania, has provided an update to operations.

Equinor and partners have struck oil and gas in the Fram area, nine kilometres north of the Troll field in the North Sea.