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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.

Eni makes giant gas discovery offshore Mozambique
16 May 20122 min read

Eni makes giant gas discovery offshore Mozambique

Eni has announced that it has made a giant natural gas discovery offshore Mozambique.

Putin’s return to the Kremlin and implications for Russia’s energy future
16 May 20123 min read

Putin’s return to the Kremlin and implications for Russia’s energy future

The return of Vladimir Putin to the Kremlin has been heralded as something of a retrograde step in the development and liberalisation of Russia’s economy.

Valle Silencioso SA has increased its stake in promising Socotherm
16 May 20124 min read

Valle Silencioso SA has increased its stake in promising Socotherm

Coatings contractor Socotherm sees its participation in the offshore oil and gas industry expand after Valle Silencioso SA increases its stake.

Shell & Chevron win Ukrainian exploration rights
15 May 20122 min read

Shell & Chevron win Ukrainian exploration rights

Royal Dutch Shell and Chevron Corp. have won the right to develop the Ukrainian shale gas fields, Yuzivska and Olesska.

Concho to buy US$ 1 billion worth of Permian assets
14 May 20122 min read

Concho to buy US$ 1 billion worth of Permian assets

Concho has announced that it has agreed to a deal to purchase US$ 1 billion worth of Permian assets from Three Rivers Operating Company.

Repsol income up despite YPF expropriation
10 May 20121 min read

Repsol income up despite YPF expropriation

The Spanish company Repsol has posted a higher than expected Q1 income despite suffering losses as a result of the Argentinian government’s decision to nationalise YPF.

Shell uncovers two more leaks in Nigerian Delta
9 May 20122 min read

Shell uncovers two more leaks in Nigerian Delta

Shell has reported that it has uncovered two further onshore oil pipeline leaks in Nigeria’s Delta, soon after the company declared force majeure on crude exports due to theft-related outages.

Rosneft and Statoil sign US$ 100 billion Arctic cooperation agreement
9 May 20122 min read

Rosneft and Statoil sign US$ 100 billion Arctic cooperation agreement

Norwegian player Statoil and Russian giant Rosneft sign an Arctic exploration and development deal that could see up to US$ 100 billion of investment.

Tullow strikes more oil in Kenya
8 May 20122 min read

Tullow strikes more oil in Kenya

British firm Tullow Oil has announced the discovery of more oil at one of its Kenyan wells in the north of the country.

NSW committee rejects moratorium on CSG
3 May 20121 min read

NSW committee rejects moratorium on CSG

A New South Wales legislative committee has rejected calls for a moratorium on coal seam gas exploration.

Baghdad dispute with Kurdistan to “be discussed by Iraqis inside Iraq”
27 Apr 20122 min read

Baghdad dispute with Kurdistan to “be discussed by Iraqis inside Iraq”

Iraq’s Deputy Prime Minister, Hussain Shahristani, has addressed outside pressure to resolve the ongoing dispute between Baghdad and Kurdistan over a block on oil deliveries, by stating that it was an “internal matter.”

Shell aims to buy Cove for US$ 1.8 billion
24 Apr 20122 min read

Shell aims to buy Cove for US$ 1.8 billion

Shell has announced that it has agreed to buy Cove Energy for US$ 1.8 billion in order to access a portion of Eastern Africa’s vast gas reserves. Despite the bid, hopes of a bidding war remain.

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