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The September/October 2026 issue of Oilfield Technology explores how operators and service companies are responding to a more demanding upstream environment through technology, optimisation and smarter decision-making. Highlights include McKinsey & Company on the growing exploration discovery gap, Halliburton on unlocking bypassed reserves through multilateral technology, and MR Group on continuous BOP assurance, alongside features examining autonomous FPSOs, produced water treatment, H2S scavenging, advanced sealing solutions and the growing role of AI in optimising well and asset performance.

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Home/News/Exploration

Exploration News

Browse the latest exploration news and articles.

Shell and Deltic started surveying on exploration well in the North Sea
21 Aug 20231 min read

Shell and Deltic started surveying on exploration well in the North Sea

Deltic Energy has been informed by the licence operator Shell UK Ltd that site survey works associated with the Selene exploration well location have commenced.

Wood Mackenzie: Oil and gas exploration spending to recover from historic lows
17 Aug 20232 min read

Wood Mackenzie: Oil and gas exploration spending to recover from historic lows

Exploration spend (excluding appraisal) will recover from historic lows to average US$22 billion per annum in real terms over the next five years, according to a new report from Wood Mackenzie.

ADNOC to acquire 30% equity stake in Absheron gas field
7 Aug 20233 min read

ADNOC to acquire 30% equity stake in Absheron gas field

Abu Dhabi National Oil Company (ADNOC), the State Oil Company of Azerbaijan (SOCAR) and TotalEnergies have announced a strategic transaction that will see ADNOC acquire a 30% equity stake in the Absheron gas and condensate field in the Caspian Sea.

TotalEnergies sells 15% interest in Absheron gas field to ADNOC
4 Aug 20231 min read

TotalEnergies sells 15% interest in Absheron gas field to ADNOC

After completion of this transaction, which is subject to the approval by the relevant authorities, TotalEnergies will own a 35% interest in Absheron gas field, alongside SOCAR (35%) and ADNOC (30%).

Rystad Energy: Conventional oil and gas exploration activity grows, but discovered volumes remain elusive
2 Aug 20234 min read

Rystad Energy: Conventional oil and gas exploration activity grows, but discovered volumes remain elusive

Spending on conventional oil and gas exploration is rebounding and is expected to top US$50 billion this year, according to Rystad Energy.

Trillion announces farm-in for oil exploration blocks in Turkey
1 Aug 20233 min read

Trillion announces farm-in for oil exploration blocks in Turkey

Trillion energy has announced farm-in agreement for three oil exploration blocks in southeast Turkey.

University of Aberdeen research identifies North Sea gas ‘super basin’
31 Jul 20233 min read

University of Aberdeen research identifies North Sea gas ‘super basin’

The ‘World-class’ study has highlighted CCUS potential for a North Sea ‘super basin’.

OMV announces new gas discovery in Austria
28 Jul 20231 min read

OMV announces new gas discovery in Austria

OMV have announced a new gas discovery in Austria, representing the country’s largest natural gas discovery in 40 years.

PETRONAS make multiple discoveries in Malaysia’s Sarawak basin
24 Jul 20231 min read

PETRONAS make multiple discoveries in Malaysia’s Sarawak basin

PETRONAS has made six oil and gas discoveries in five blocks off the coast of Sarawak, Malaysia.

Norwegian gas important for Europe’s energy security
21 Jul 20233 min read

Norwegian gas important for Europe’s energy security

Torgeir Strodal spoke at the Roundtable conference in Molde, Norway, about the importance of Norwegian gas supplies in Europe.

Letter of award signed for Otway Basin exploration drilling rig
13 Jul 20231 min read

Letter of award signed for Otway Basin exploration drilling rig

3D Oil has announced that ConocoPhillips Australia has issued a letter of award for a drilling project on the southern coast of Australia.

Shell makes further deep-water discovery offshore Namibia
12 Jul 20231 min read

Shell makes further deep-water discovery offshore Namibia

Shell, QatarEnergy and NAMCOR have completed the drilling of a deep-water offshore well off the coast of Namibia.

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