Exploration

Aker BP has successfully completed the Omega Alfa exploration campaign in the Norwegian North Sea, resulting in a significant oil discovery that adds substantial new resources to the Yggdrasil area.

Chevron expects Vaca Muerta to play a larger role in its portfolio in the coming years.

Valmet signs a strategic agreement to deliver valve services to Petrobras in Brazil.

bp announces an oil and gas discovery at the Bumerangue prospect in the deepwater offshore Brazil.

Argentina: TotalEnergies divests its interest in two Vaca Muerta unconventional blocks.

In early 2025, the vessel underwent significant upgrades to expand its capabilities and improve performance for modern survey demands.

Estimated oil and gas resources in Wolin East constitute the largest conventional hydrocarbon field yet discovered in Poland, and one of the largest conventional oil discoveries in Europe in the past decade.

Equinor has struck oil in exploration well 7720/7-DD-1H, Drivis Tubåen, on the Johan Castberg field in the Barents Sea.

Equinor has deepened its position in the Santos basin after winning the S-M-1617 block during Brazil's 5th Open Permanent Concession bid round.

The 40 federal leases include 13 blocks located in the Walker Ridge area, 9 blocks in the Mississippi Canyon area and 18 blocks in the East Breaks area.

MOL Group and SOCAR have agreed on key terms for an onshore exploration opportunity in Azerbaijan.

The US Department of the Interior has identified significant undiscovered, technically recoverable oil and gas resources in the Mowry Composite Total Petroleum System.

These exploration wells are the first to be completed entirely from in-country infrastructure through Halliburton’s newly established operational bases in Walvis Bay, Swakopmund, and Lüderitz.

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.

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