Exploration news
Petrobras and bp sign memorandum of intent for business and research
Petrobras and bp signed a memorandum of understanding (MoU) with the purpose of promoting discussions and collaboration between the companies.
Petrobras carries out scientific expeditions in the Equatorial Margin region
Researchers from Petrobras, the Geological Survey of Brazil (SGB), and 10 universities from the states that make up the geographical region of the Equatorial Margin, as well as two research institutions from the Southeast, has embarked for a scientific expedition on the Hydroceanographic Research Vessel (NPqHo) "Vital de Oliveira," operated by the Brazilian Navy.
ExxonMobil Guyana announces new discovery
ExxonMobil Guyana has announced a discovery at Bluefin in the Stabroek block offshore Guyana, the company’s first discovery of 2024.
United States produces more crude oil than any country
The United States produced more crude oil than any nation at any time, according to the International Energy Statistics, for the past six years in a row.
TotalEnergies expands presence in the Orange Basin
The company has signed, together with its partner QatarEnergy, an agreement to acquire participating interests in Block 3B/4B, offshore South Africa, from Africa Oil South Africa, Azinam, and Ricocure.
STRYDE secures multi-million-dollar contracts in support of energy security in Europe
Leading the new deals is the purchase of 25 000 STRYDE Nodes™ by first-time client, Ukrainian seismic acquisition firm, Georozvidka LLC.
Petrobras informs about operations in exploratory blocks in São Tomé and Príncipe
Petrobras has announced that it has concluded the acquisition of stakes in the 3 exploratory blocks 10, 11 and 13, in São Tomé and Príncipe, Africa.
PETRONAS awards seven new PSCs under Malaysia bid round 2023
PETRONAS has been awarded production sharing contracts (PSCs) for six exploration blocks and one discovered resource opportunities (DRO) cluster marketed under the Malaysia Bid Round 2023 (MBR 2023).
Malaysia records over 1 billion boe of exploration discoveries in 2023
PETRONAS and its petroleum arrangement contractors recorded 19 exploration discoveries and two exploration-appraisal successes, contributing over 1 billion boe of new resources for Malaysia in 2023.
Kosmos Energy announces oil discovery in the US Gulf of Mexico
Kosmos Energy has announced an oil discovery in the U.S. Gulf of Mexico at the Tiberius exploration well. Kosmos is operator of the well and has a 33.34% working interest alongside Occidental and Equinor ASA (both 33.33%).