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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.

ExxonMobil announces two new Guyana discoveries
27 Oct 20222 min read

ExxonMobil announces two new Guyana discoveries

Third quarter production grew to approximately 360 000 bpd with 1 million bpd targeted by 2030.

APA 2022: Interest for exploration in mature areas continues
14 Sept 20221 min read

APA 2022: Interest for exploration in mature areas continues

The authorities have received applications from 26 companies in the Awards in Predefined Areas (APA) 2022.

Rystad Energy: Global oil and gas exploration shrinks as companies shift focus to lower-risk core assets and regions
9 Sept 20222 min read

Rystad Energy: Global oil and gas exploration shrinks as companies shift focus to lower-risk core assets and regions

Global oil and gas exploration is set to falter this year as the number of licensed blocks and total acreage fall to near all-time lows.

The role of intelligent tracers in sustainable energy systems
5 Sept 20226 min read

The role of intelligent tracers in sustainable energy systems

Gunnar Hviding, CEO, Resman AS, explains the advantages of tracer technology in the E&P industry.

STRYDE signs seven-figure deal with Polaris Natural Resources at IMAGE ‘22
31 Aug 20223 min read

STRYDE signs seven-figure deal with Polaris Natural Resources at IMAGE ‘22

The seven-figure contract, sees Polaris purchasing a 13 000-node system from innovative land STRYDE. The system will be used to acquire high-density subsurface data to enable cost-effective and efficient oil and gas exploration in Africa.

Neptune Energy confirms new discovery in the Gjøa area
31 Aug 20223 min read

Neptune Energy confirms new discovery in the Gjøa area

Neptune Energy and its partners have announced a new commercial discovery at the Ofelia exploration well (PL 929), close to the Gjøa field in the Norwegian sector of the North Sea.

Azule Energy begins operations
10 Aug 20224 min read

Azule Energy begins operations

bp and Eni have confirmed that Azule Energy, the new 50/50 independent joint venture combining the two companies’ Angolan businesses, has been officially established.

CORTEC launches new Wellhead Plug Catcher
4 Aug 20221 min read

CORTEC launches new Wellhead Plug Catcher

The company has launched its new, compact, Wellhead Plug Catcher, which is installed directly between the wellhead and the production choke.

Logan Industries successfully completes space saving coiled tubing reeler project for OneSubsea
4 Aug 20223 min read

Logan Industries successfully completes space saving coiled tubing reeler project for OneSubsea

This is the first unit Logan has delivered with a removable drum, which means the unit footprint can remain static on the vessel while the drums can be taken to a shore base for unspooling and respooling.

CGG and bp sign multi-year data transformation agreement
1 Aug 20222 min read

CGG and bp sign multi-year data transformation agreement

CGG, a global technology and HPC leader, has announced a major multi-year global data transformation and curation agreement with bp, that will play a key role in supporting bp’s subsurface digital strategy.

Nova 1st oil: Wintershall Dea increases production volumes in Norway
1 Aug 20225 min read

Nova 1st oil: Wintershall Dea increases production volumes in Norway

The expected recoverable gross reserves from the field are estimated at 90 million boe, of which the majority will be oil, an amount which will help support Europe’s energy supply.

Neptune Energy begins drilling Ofelia exploration well
27 Jul 20222 min read

Neptune Energy begins drilling Ofelia exploration well

Ofelia is positioned in one of Neptune’s core areas and close to existing infrastructure. The well, 35/6-3 S, is being drilled by the Deepsea Yantai, a semi-submersible rig, owned by CIMC and operated by Odfjell Drilling.

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