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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.

Petrobras announces oil discovery Santos Basin, offshore Brazil
13 May 20252 min read

Petrobras announces oil discovery Santos Basin, offshore Brazil

Petrobras has announced that it has identified the presence of high-quality oil with no contaminants in the pre-salt of Santos Basin, in an exploratory well in Aram block.

MOL Group and Turkish Petroleum join forces to explore hydrocarbons in Hungary
30 Apr 20254 min read

MOL Group and Turkish Petroleum join forces to explore hydrocarbons in Hungary

Granted rights for joint hydrocarbon exploration in two Hungarian concession areas, Tamási and Buzsák.

BW Energy announces substantial oil discovery at Bourdon field offshore Gabon
25 Apr 20252 min read

BW Energy announces substantial oil discovery at Bourdon field offshore Gabon

Management estimates indicate 56 million barrels oil in place of which approximately 25 million barrels are considered recoverable.

Crescent Energy completes accretive sale of non-operated Permian Basin assets
23 Apr 20251 min read

Crescent Energy completes accretive sale of non-operated Permian Basin assets

Crescent Energy Company has announced the closing of the sale of non-operated Permian Basin assets to a private buyer for US$83 million in cash, subject to customary post-closing purchase price adjustments. The assets are located in Reeves County, Texas and had projected full-year 2025 production of approximately 3 thousand boe/d (~35% oil).

CSA designs custom-built mobile science lab for Chevron Mediterranean Limited
18 Apr 20252 min read

CSA designs custom-built mobile science lab for Chevron Mediterranean Limited

CSA Ocean Sciences Inc. (CSA) has completed a consultancy project for Chevron Mediterranean Limited (CML).

Sarens eyes Malaysia as key site for upstream and pipelines
17 Apr 20253 min read

Sarens eyes Malaysia as key site for upstream and pipelines

Malaysia emerges as a key site for marine and engineering bidding with the deployment of 39 different projects over the next three years.

Wood to support Petroleum Development Oman’s future project portfolio
17 Apr 20251 min read

Wood to support Petroleum Development Oman’s future project portfolio

Three year contract to provide specialist technical support to Petroleum Development Oman (PDO).

CNOOC announces major oilfield discovery Huizhou 19-6
1 Apr 20252 min read

CNOOC announces major oilfield discovery Huizhou 19-6

CNOOC Ltd has announced a major oilfield discovery of Huizhou 19-6 in the deep and ultra-deep plays of the South China Sea, which adds over a hundred million t of oil equivalent in-place.

DNO announces North Sea oil and gas discovery
31 Mar 20252 min read

DNO announces North Sea oil and gas discovery

DNO ASA, the Norwegian oil and gas operator, has announced an important oil and gas discovery in Northern North Sea license PL1182 S in which the Company holds a 40% operated interest.

Horizon Oil: interest acquisition of 7.5% of Sinphuhorm and 60% of Nam Phong producing gas fields, onshore Thailand
26 Mar 20252 min read

Horizon Oil: interest acquisition of 7.5% of Sinphuhorm and 60% of Nam Phong producing gas fields, onshore Thailand

The acquisition is proposed through a consortium, with Horizon to acquire 75% of the shares in Exxon Mobil Exploration and Production Khorat Inc. with Matahio Energy acquiring the residual 25% and agreeing to manage EMEPKI employees and operatorship of the Nam Phong field on behalf of the consortium.

Petrobras reports results of exploratory well in Campos Basin pre-salt
25 Mar 20252 min read

Petrobras reports results of exploratory well in Campos Basin pre-salt

Petrobras informs that it has identified the presence of hydrocarbons in the Campos Basin pre-salt, in an exploratory well of Norte de Brava block.

Petrobras reports results of exploratory well in Santos Basin
18 Mar 20252 min read

Petrobras reports results of exploratory well in Santos Basin

Petrobras has announced that it has identified the presence of hydrocarbons in the Santos Basin pre-salt, in an exploratory well of Aram block.

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