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Home/News/Exploration

Exploration News

Browse the latest exploration news and articles.

Chevron makes cuts to capital budget
3 Dec 20201 min read

Chevron makes cuts to capital budget

Chevron has cut billions off its long-term capital and exploratory budget after a major restructuring of its operations.

PGS resuming Campos Basin seismic survey in December
30 Nov 20201 min read

PGS resuming Campos Basin seismic survey in December

The survey will provide the first 3D seismic data over blocks offered in Brazil's 17th Bidding Round, now scheduled for October 2021.

ADNOC awards $519 million contract for expansion of world’s largest 3D seismic survey
27 Nov 20203 min read

ADNOC awards $519 million contract for expansion of world’s largest 3D seismic survey

The contract was awarded to BGP Inc., a subsidiary of China National Petroleum Company (CNPC).

CGG and Magseis Fairfield complete North Sea's largest ever OBN survey
26 Nov 20203 min read

CGG and Magseis Fairfield complete North Sea's largest ever OBN survey

First images from the OBN Cornerstone 2020 multi-client survey are being made available in early 2021.

Shearwater awarded OBN 4D baseline survey by Petrobras
26 Nov 20202 min read

Shearwater awarded OBN 4D baseline survey by Petrobras

The survey will take place over the Jubarte field in the Campos Basin.

Maersk Drilling to carry out two-rig Suriname campaign for Total
24 Nov 20202 min read

Maersk Drilling to carry out two-rig Suriname campaign for Total

The conditional letter of award is for an exploration and appraisal project in Suriname’s Block 58.

NPD announces 25th licensing round
19 Nov 20201 min read

NPD announces 25th licensing round

The licensing round encompasses 136 blocks in the Norwegian Sea and the Barents Sea.

PTTEP awards CGG seismic reprocessing contracts
17 Nov 20202 min read

PTTEP awards CGG seismic reprocessing contracts

CGG will conduct merged reprocessing of surveys from many vintages, including towed-streamer and OBC seismic data from offshore Sabah and Sarawak, Malaysia.

Lundin Energy drills dry exploration well in southern Barents Sea
16 Nov 20202 min read

Lundin Energy drills dry exploration well in southern Barents Sea

The well was located within the Kobbe formation of the Polmak prospect.

Maersk Drilling secures one-well contract extension for Maersk Viking
16 Nov 20201 min read

Maersk Drilling secures one-well contract extension for Maersk Viking

Brunei Shell Petroleum Company Sdn. Bhd. has exercised the option to add exploration drilling of one deepwater well to the work scope of the Maersk Viking.

Shearwater awarded Senegal 3D acquisition and processing contract
12 Nov 20201 min read

Shearwater awarded Senegal 3D acquisition and processing contract

The contract has been awarded by Total, for an exploration survey covering 5000 km2 in the UDO Block Exploration area.

Liberia licence round pre-qualification deadline extended
11 Nov 20202 min read

Liberia licence round pre-qualification deadline extended

The Government of Liberia has announced an extension of the timeframe for the Liberia License Round, 2020.

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